Lansforsakringar Fondforvaltning AB publ Acquires 1,953 Shares of Carvana Co. $CVNA

Lansforsakringar Fondforvaltning AB publ raised its holdings in Carvana Co. (NYSE:CVNA) by 7.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,382 shares of the company’s stock after acquiring an additional 1,953 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Carvana were worth $10,330,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Sands Capital Management LLC raised its holdings in shares of Carvana by 1,374.3% during the 2nd quarter. Sands Capital Management LLC now owns 901,227 shares of the company’s stock valued at $303,677,000 after purchasing an additional 840,096 shares in the last quarter. Norges Bank bought a new stake in Carvana in the second quarter worth $259,468,000. Vanguard Group Inc. increased its position in Carvana by 5.4% during the third quarter. Vanguard Group Inc. now owns 13,454,986 shares of the company’s stock worth $5,075,759,000 after buying an additional 690,756 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in Carvana during the second quarter valued at about $193,091,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Carvana in the second quarter worth about $183,102,000. 56.71% of the stock is owned by institutional investors.

Carvana Price Performance

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

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

Key Stories Impacting Carvana

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 related news, insider Daniel J. Gill sold 40,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $475.24, for a total value of $19,009,600.00. Following the completion of the transaction, the insider directly owned 191,106 shares in the company, valued at approximately $90,821,215.44. This represents a 17.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Benjamin E. Huston sold 10,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $411.27, for a total value of $4,112,700.00. Following the completion of the transaction, the chief operating officer directly owned 98,652 shares of the company’s stock, valued at approximately $40,572,608.04. This trade represents a 9.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 410,351 shares of company stock worth $176,089,049. 16.36% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on CVNA shares. Needham & Company LLC reiterated a “buy” rating and set a $500.00 price target on shares of Carvana in a research note on Thursday, February 19th. Bank of America decreased their target price on Carvana from $460.00 to $400.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Royal Bank Of Canada dropped their price target on shares of Carvana from $500.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday. Argus began coverage on shares of Carvana in a research note on Monday, December 15th. They issued a “buy” rating and a $500.00 price objective for the company. Finally, Jefferies Financial Group lowered their target price on shares of Carvana from $550.00 to $485.00 and set a “buy” rating on the stock in a research note on Monday. Twenty research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Carvana presently has a consensus rating of “Moderate Buy” and an average target price of $440.59.

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.