Carvana Co. $CVNA Stock Position Lifted by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ lifted its position in shares of Carvana Co. (NYSE:CVNA) by 7.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,382 shares of the company’s stock after acquiring an additional 1,953 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Carvana were worth $10,330,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CVNA. Los Angeles Capital Management LLC raised its stake in Carvana by 1,950.7% during the 2nd quarter. Los Angeles Capital Management LLC now owns 111,190 shares of the company’s stock valued at $37,467,000 after acquiring an additional 105,768 shares in the last quarter. Federated Hermes Inc. increased its holdings in shares of Carvana by 124.9% during the third quarter. Federated Hermes Inc. now owns 265,921 shares of the company’s stock valued at $100,316,000 after purchasing an additional 147,683 shares during the period. Hudson Bay Capital Management LP raised its stake in shares of Carvana by 158.0% during the second quarter. Hudson Bay Capital Management LP now owns 16,478 shares of the company’s stock valued at $5,552,000 after purchasing an additional 10,090 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Carvana by 11.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 637,462 shares of the company’s stock worth $240,476,000 after purchasing an additional 64,424 shares during the period. Finally, Strs Ohio grew its position in Carvana by 89.9% in the 3rd quarter. Strs Ohio now owns 37,756 shares of the company’s stock valued at $14,243,000 after buying an additional 17,878 shares in the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Jefferies Financial Group decreased their price objective on shares of Carvana from $550.00 to $485.00 and set a “buy” rating for the company in a report on Monday. Argus initiated coverage on Carvana in a research note on Monday, December 15th. They set a “buy” rating and a $500.00 price target for the company. Royal Bank Of Canada lowered their price target on Carvana from $500.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday. Citigroup cut their price objective on Carvana from $550.00 to $465.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Carvana from $600.00 to $519.00 and set a “buy” rating on the stock in a report on Thursday. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $440.59.

Carvana News Roundup

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q4 results beat expectations — Carvana reported big quarterly profit and revenue gains (EPS $4.22 vs. ~$1.10 est; revenue $5.60B, +58% YoY), highlighting improved profitability and stronger-than-expected top-line growth. This supports a longer-term growth story for investors. Article Title
• Positive Sentiment: Heavy bullish options activity — Traders bought ~113,933 call options (≈+41% vs. normal volume), a sign of speculative bullish positioning or hedging that can lift intraday volatility and indicate some market participants expect higher prices.
• Positive Sentiment: Sell-side support remains in pockets — Needham reiterated a Buy rating, showing some firms still back Carvana’s recovery story. Article Title
• Neutral Sentiment: Earnings call provided context but mixed signals — Management’s Q4 call and shareholder letter contain the details investors are parsing (growth drivers vs. margin dynamics). Read the transcript for guidance on guidance/operational cadence. Article Title
• Neutral Sentiment: Longer-term growth debate continues — Coverage pieces are assessing whether Carvana has a multi-year runway given scale, used-car market dynamics and its improving margins; conclusions vary and add to investor uncertainty. Article Title
• Negative Sentiment: Analyst target cuts after Q4 results — UBS cut its target to $485 (kept Buy) citing a Q4 miss on some metrics; the downgrade in expectations helped trigger selling pressure despite the headline beat. Article Title
• Negative Sentiment: Broad trimming of price targets — Multiple firms trimmed targets (examples: Jefferies to $485, Gordon Haskett to $350, Wells Fargo to $425, JPMorgan to $490, Evercore to $390, Citi to $465, BofA to $400, Wedbush to $425). The cluster of cuts tightened the range of near-term upside and increased selling pressure. Jefferies PT Cut Gordon Haskett PT Cut Wells Fargo PT Cut

Insider Buying and Selling

In other Carvana news, insider Thomas Taira sold 1,047 shares of Carvana stock in a transaction on Monday, February 9th. The shares were sold at an average price of $398.54, for a total transaction of $417,271.38. Following the completion of the sale, the insider owned 66,625 shares of the company’s stock, valued at $26,552,727.50. This trade represents a 1.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Mark W. Jenkins sold 12,750 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $410.19, for a total transaction of $5,229,922.50. Following the transaction, the chief financial officer owned 202,817 shares in the company, valued at approximately $83,193,505.23. This represents a 5.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 410,351 shares of company stock worth $176,089,049. Insiders own 16.36% of the company’s stock.

Carvana Trading Down 3.4%

Shares of NYSE CVNA opened at $325.08 on Tuesday. The company has a current ratio of 4.31, a quick ratio of 2.73 and a debt-to-equity ratio of 1.15. Carvana Co. has a one year low of $148.25 and a one year high of $486.89. The business has a 50-day moving average price of $420.54 and a two-hundred day moving average price of $381.76. The firm has a market capitalization of $70.72 billion, a PE ratio of 40.43 and a beta of 3.57.

Carvana (NYSE:CVNA) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $4.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $3.12. The business had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.24 billion. Carvana had a net margin of 6.92% and a return on equity of 50.96%. The firm’s revenue was up 58.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.56 earnings per share. As a group, analysts predict that Carvana Co. will post 2.85 earnings per share for the current fiscal year.

Carvana 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.