Rep. Gilbert Ray Cisneros, Jr. Buys Carvana Co. (NYSE:CVNA) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Carvana Co. (NYSE:CVNA). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Carvana stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Carvana Stock Down 3.3%

CVNA stock traded down $2.31 during mid-day trading on Friday, reaching $67.22. 11,373,171 shares of the company traded hands, compared to its average volume of 12,243,726. The stock has a market cap of $73.73 billion, a price-to-earnings ratio of 40.89, a P/E/G ratio of 14.01 and a beta of 3.55. The company has a quick ratio of 2.57, a current ratio of 4.09 and a debt-to-equity ratio of 1.05. Carvana Co. has a fifty-two week low of $54.46 and a fifty-two week high of $97.38. The firm’s 50 day moving average price is $75.27 and its 200 day moving average price is $77.02.

Carvana (NYSE:CVNA) last announced its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $1.37. Carvana had a return on equity of 41.46% and a net margin of 6.40%.The firm had revenue of $6.43 billion for the quarter, compared to the consensus estimate of $6.12 billion. As a group, equities research analysts predict that Carvana Co. will post 1.32 EPS for the current fiscal year.

Key Headlines Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Zacks Research raised its EPS estimates for multiple Carvana periods, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q1 2028, FY2027, and FY2028, suggesting stronger expected earnings power ahead.
• Positive Sentiment: Barclays kept an Overweight rating on Carvana and lifted its price target to $93 from $475 on a split-adjusted basis, citing solid retail volumes post-split. Article Title
• Neutral Sentiment: Another recent write-up asked whether Wall Street is bullish or bearish on Carvana, reflecting ongoing debate over the stock’s valuation and upside after its large move this year. Article Title
• Negative Sentiment: A separate market piece noted Carvana shares were among stocks falling, indicating some near-term selling pressure and profit-taking despite the favorable analyst revisions. Article Title

Insider Buying and Selling at Carvana

In other Carvana news, Director J Danforth Quayle sold 14,500 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $61.99, for a total transaction of $898,913.00. Following the sale, the director owned 209,565 shares of the company’s stock, valued at $12,991,772.61. The trade was a 6.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Stephen R. Palmer sold 5,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $79.06, for a total transaction of $395,320.00. Following the sale, the vice president directly owned 164,455 shares in the company, valued at $13,002,470.12. The trade was a 2.95% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 281,205 shares of company stock worth $19,495,895. Company insiders own 15.19% of the company’s stock.

Hedge Funds Weigh In On Carvana

Several institutional investors have recently bought and sold shares of CVNA. Vanguard Group Inc. lifted its stake in Carvana by 24.7% in the fourth quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock valued at $7,082,804,000 after purchasing an additional 3,328,115 shares during the last quarter. State Street Corp raised its holdings in Carvana by 93.7% during the 4th quarter. State Street Corp now owns 5,714,779 shares of the company’s stock valued at $2,411,751,000 after acquiring an additional 2,764,759 shares during the period. Capital Research Global Investors raised its holdings in Carvana by 42.9% during the 4th quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock valued at $2,405,959,000 after acquiring an additional 1,711,144 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Carvana by 8.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,726,838 shares of the company’s stock valued at $7,481,081,000 after acquiring an additional 1,407,762 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Carvana by 55.4% during the 4th quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock valued at $1,632,763,000 after acquiring an additional 1,382,852 shares during the period. Hedge funds and other institutional investors own 56.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CVNA shares. Morgan Stanley boosted their target price on Carvana from $90.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Wells Fargo & Company boosted their target price on Carvana from $85.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their target price on Carvana from $91.00 to $93.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Argus cut their target price on Carvana from $500.00 to $100.00 in a research note on Monday, May 11th. Finally, DA Davidson boosted their target price on Carvana from $64.00 to $67.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $93.14.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Carvana

Carvana Co is an online-only retailer of used vehicles that operates a consumer-facing e-commerce platform for buying and selling cars. The company markets and sells inspected, reconditioned pre-owned vehicles through its website, where shoppers can browse inventory, view detailed 360-degree photos and vehicle history reports, finance purchases, and arrange delivery or pickup. Carvana’s model is built around a digital end-to-end car buying experience that aims to simplify vehicle transactions compared with traditional dealerships.

Its products and services include direct retail sales of used cars, trade-in and purchase offers for consumer vehicles, vehicle financing and related protection products, and a seven-day return policy that allows customers to test a vehicle in everyday use.