Vanguard Group Inc. Purchases 690,756 Shares of Carvana Co. $CVNA

Vanguard Group Inc. boosted its holdings in Carvana Co. (NYSE:CVNA) by 5.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 13,454,986 shares of the company’s stock after acquiring an additional 690,756 shares during the quarter. Vanguard Group Inc. owned 0.06% of Carvana worth $5,075,759,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CVNA. ORG Partners LLC grew its holdings in shares of Carvana by 8,700.0% during the third quarter. ORG Partners LLC now owns 88 shares of the company’s stock valued at $33,000 after buying an additional 87 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in Carvana in the 2nd quarter valued at about $38,000. Steigerwald Gordon & Koch Inc. acquired a new position in Carvana during the 3rd quarter valued at about $38,000. Elevation Point Wealth Partners LLC bought a new stake in Carvana during the 2nd quarter worth approximately $49,000. Finally, SJS Investment Consulting Inc. raised its stake in shares of Carvana by 28.3% in the third quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock worth $51,000 after purchasing an additional 30 shares during the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. DA Davidson set a $360.00 target price on Carvana in a research report on Thursday, October 30th. JPMorgan Chase & Co. raised their price objective on Carvana from $490.00 to $510.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Citigroup upped their target price on shares of Carvana from $445.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carvana in a report on Monday, December 29th. Finally, Evercore boosted their price target on shares of Carvana from $425.00 to $430.00 in a report on Tuesday, January 27th. Nineteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $474.27.

Insider Transactions at Carvana

In other news, COO Benjamin E. Huston sold 40,000 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $439.50, for a total transaction of $17,580,000.00. Following the completion of the transaction, the chief operating officer directly owned 100,758 shares of the company’s stock, valued at $44,283,141. This represents a 28.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Paul W. Breaux sold 20,000 shares of Carvana stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $438.50, for a total transaction of $8,770,000.00. Following the completion of the sale, the insider directly owned 69,289 shares in the company, valued at $30,383,226.50. This trade represents a 22.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 420,351 shares of company stock valued at $179,589,049. Corporate insiders own 16.36% of the company’s stock.

Carvana Trading Up 2.4%

NYSE CVNA opened at $351.01 on Wednesday. The business’s fifty day moving average is $430.34 and its 200-day moving average is $382.24. The company has a debt-to-equity ratio of 1.63, a current ratio of 4.05 and a quick ratio of 2.55. The stock has a market capitalization of $76.36 billion, a price-to-earnings ratio of 80.14 and a beta of 3.57. Carvana Co. has a one year low of $148.25 and a one year high of $486.89.

Carvana News Summary

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Company reports accelerating unit growth and commentary that lending fears are easing — supports revenue trajectory and investor confidence. Carvana Co. (CVNA) Sustains Rapid Unit Growth as Lending Fears Ease
• Positive Sentiment: Analyst and retail coverage highlights Carvana as a long-term growth story based on market share opportunity and unit economics — supports longer-horizon investor demand. Why Carvana (CVNA) is a top growth stock for the long term
• Neutral Sentiment: Q4 earnings previews warn of heightened volatility around the report — expectations and guidance will likely drive short-term swings. Carvana Q4 preview: ‘Buckle up’ for earnings, market expert says ‘things to get highly volatile’
• Neutral Sentiment: Market pieces laying out what to expect from tomorrow’s Q4 print — these previews summarize key metrics investors will watch (unit trends, margins, used-car pricing, and financing availability). Carvana Gears Up to Report Q4 Earnings: What’s in the Cards?
• Negative Sentiment: Pomerantz law firm announces an investor investigation into Carvana — legal risk can increase uncertainty and potential liability. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Carvana Co. – CVNA
• Negative Sentiment: Coverage highlights governance and allegation concerns that could weigh on investor sentiment and valuation multiples. Carvana Allegations Put Governance And Growth Story Under The Spotlight
• Negative Sentiment: Shares have recently sold off vs. Wall Street targets (large monthly decline and trading well below analyst targets), reflecting short-term pain and elevated volatility. Carvana (CVNA) Trading 40% Below Wall Street Targets After 25% Monthly Slide

Carvana Company Profile

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.