Thomas Taira Sells 5,597 Shares of Carvana (NYSE:CVNA) Stock

Carvana Co. (NYSE:CVNA) insider Thomas Taira sold 5,597 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $67.15, for a total value of $375,838.55. Following the completion of the sale, the insider directly owned 315,075 shares in the company, valued at $21,157,286.25. This represents a 1.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Thomas Taira also recently made the following trade(s):

• On Friday, May 8th, Thomas Taira sold 5,590 shares of Carvana stock. The shares were sold at an average price of $79.97, for a total value of $447,032.30.
• On Wednesday, April 8th, Thomas Taira sold 18,850 shares of Carvana stock. The shares were sold at an average price of $68.20, for a total value of $1,285,570.00.

Carvana Price Performance

CVNA stock opened at $67.37 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 4.09 and a quick ratio of 2.57. The firm has a market capitalization of $73.89 billion, a P/E ratio of 40.98, a P/E/G ratio of 11.75 and a beta of 3.45. The business’s 50-day moving average is $70.98 and its two-hundred day moving average is $75.18. Carvana Co. has a 1 year low of $54.46 and a 1 year high of $97.38.

Carvana (NYSE:CVNA) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $1.37. The company had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.12 billion. Carvana had a return on equity of 41.46% and a net margin of 6.40%. Analysts anticipate that Carvana Co. will post 1.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on CVNA shares. Barclays set a $93.00 price objective on Carvana and gave the company an “overweight” rating in a report on Thursday, May 14th. Wedbush dropped their price objective on Carvana from $100.00 to $85.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $92.00 price objective on shares of Carvana in a report on Friday, June 5th. Citizens Jmp increased their price objective on Carvana from $92.00 to $103.00 and gave the company a “market outperform” rating in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $107.40 price objective on shares of Carvana in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $93.14.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Zacks Research upgraded Carvana (CVNA) from Hold to Strong-Buy, which can support investor confidence. The firm also raised multiple forward EPS estimates, including FY2027 and FY2028, suggesting expectations for continued earnings growth. Carvana suffers a larger drop than the general market: key insights
• Positive Sentiment: ADESA, Carvana’s wholesale auto auctions subsidiary, launched ADESA Timed, expanding its digital auction platform. This reinforces Carvana’s push into digital wholesale infrastructure and could be viewed as a long-term operational positive. ADESA Expands Digital Auction Platform with ADESA Timed
• Positive Sentiment: Analyst coverage remains broadly favorable, with Wall Street articles highlighting CVNA as a buy candidate, which may help offset near-term selling pressure. Wall Street Analysts See Carvana as a Buy: Should You Invest?
• Neutral Sentiment: Carvana remains in the spotlight following its recent 5-for-1 stock split, which improved accessibility for retail investors, but the split itself is more of a trading/attention catalyst than a direct business driver. Is Now the Time to Buy Carvana Stock After Its 5-for-1 Split?
• Neutral Sentiment: Insider selling by Thomas Taira was disclosed, but it was made under a pre-arranged 10b5-1 plan and does not necessarily signal a change in the company’s outlook. Insider Selling: Carvana insider sells 5,597 shares of stock
• Negative Sentiment: Despite the supportive analyst news, CVNA still traded lower as investors appeared focused on short-term weakness and profit-taking after a strong run, with recent commentary also noting profitability concerns in prior coverage. Carvana slid as profitability fell short of expectations

Institutional Trading of Carvana

Large investors have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Carvana in the 4th quarter valued at about $29,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of Carvana in the 4th quarter valued at about $29,000. Motiv8 Investments LLC acquired a new stake in shares of Carvana in the 4th quarter valued at about $33,000. Ascentis Independent Advisors acquired a new stake in shares of Carvana in the 1st quarter valued at about $26,000. Finally, Salomon & Ludwin LLC boosted its position in shares of Carvana by 112.5% in the 4th quarter. Salomon & Ludwin LLC now owns 85 shares of the company’s stock valued at $37,000 after purchasing an additional 45 shares during the period. 56.71% of the stock is owned by institutional investors and hedge funds.

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.