TD Waterhouse Canada Inc. Has $442,000 Stake in Carvana Co. $CVNA

TD Waterhouse Canada Inc. reduced its stake in Carvana Co. (NYSE:CVNA) by 74.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,117 shares of the company’s stock after selling 3,210 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Carvana were worth $442,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CVNA. Hilltop National Bank bought a new stake in shares of Carvana in the second quarter valued at about $25,000. 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 worth $33,000 after buying an additional 87 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in Carvana in the 2nd quarter valued at approximately $38,000. Steigerwald Gordon & Koch Inc. bought a new stake in Carvana in the 3rd quarter valued at approximately $38,000. Finally, LRI Investments LLC bought a new stake in Carvana in the 2nd quarter valued at approximately $42,000. Institutional investors own 56.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wedbush lifted their price objective on shares of Carvana from $400.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, December 19th. Zacks Research lowered shares of Carvana from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Gordon Haskett lowered their price target on shares of Carvana from $445.00 to $435.00 and set a “hold” rating on the stock in a research note on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of Carvana in a research note on Monday, December 29th. Finally, Wells Fargo & Company raised their price objective on Carvana from $500.00 to $525.00 and gave the company an “overweight” rating in a report on Tuesday, January 27th. Nineteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Carvana has a consensus rating of “Moderate Buy” and a consensus target price of $474.27.

Key Carvana News

Here are the key news stories impacting Carvana this week:

• Neutral Sentiment: Context on competition: a MarketBeat review revisits Hertz’s Amazon partnership and its implications for online used-car retailing — useful context on competitive pressures and alternative online channels but not a direct company-specific catalyst. Revisiting Hertz’s Amazon Partnership 5 Months Later: The Good, the Bad, the Risk
• Negative Sentiment: Multiple securities-law firms have opened investigations into Carvana (Bleichmar Fonti & Auld, Pomerantz LLP, Block & Leviton), citing potential investor claims after recent reports — this raises the risk of litigation, potential settlements or fines, and reputational damage that could pressure the stock. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Carvana Co. – CVNA CARVANA STOCK NOTICE: Carvana Co. (CVNA) Investigated for Misleading Investors – BFA Law
• Negative Sentiment: Insider selling by senior executives: COO Benjamin Huston (10,000 shares), CFO Mark W. Jenkins (12,750 shares), and VP Stephen R. Palmer (1,000 shares) executed recent sales at prices around $393–$411 — while insider sales can be routine, sizable reductions in holdings by C-suite officers often raise investor concern about near-term outlook or liquidity needs. Huston Form 4 (SEC)
• Negative Sentiment: Analyst/critical piece: a Seeking Alpha article highlights heightened risk from subprime loan exposure (“The Subprime Cliff”), pointing to potential credit losses if used-car loan performance deteriorates — that structural risk could undermine margins and drive future write-downs. Carvana: The Subprime Cliff

Insider Buying and Selling at Carvana

In other Carvana news, insider Daniel J. Gill sold 80,000 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $439.50, for a total value of $35,160,000.00. Following the sale, the insider owned 191,106 shares in the company, valued at $83,991,087. This represents a 29.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Benjamin E. Huston sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $439.50, for a total value of $17,580,000.00. Following the completion of the sale, the chief operating officer directly owned 100,758 shares of the company’s stock, valued at approximately $44,283,141. The trade was a 28.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 432,756 shares of company stock valued at $183,581,477 in the last three months. Corporate insiders own 16.36% of the company’s stock.

Carvana Stock Performance

Shares of CVNA stock opened at $410.81 on Wednesday. The company has a fifty day moving average price of $434.67 and a two-hundred day moving average price of $380.26. Carvana Co. has a one year low of $148.25 and a one year high of $486.89. The stock has a market cap of $89.37 billion, a P/E ratio of 93.79, a P/E/G ratio of 0.99 and a beta of 3.57. The company has a debt-to-equity ratio of 1.63, a current ratio of 4.05 and a quick ratio of 2.55.

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.