61,100 Shares in Carvana Co. $CVNA Acquired by WT Asset Management Ltd

WT Asset Management Ltd bought a new stake in shares of Carvana Co. (NYSE:CVNA) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 61,100 shares of the company’s stock, valued at approximately $23,049,000. Carvana makes up 1.1% of WT Asset Management Ltd’s portfolio, making the stock its 21st largest position.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Prakash Investment Advisors LLC raised its stake in shares of Carvana by 34.3% during the third quarter. Prakash Investment Advisors LLC now owns 7,320 shares of the company’s stock valued at $2,761,000 after purchasing an additional 1,870 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in Carvana by 5.5% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 9,135 shares of the company’s stock valued at $3,446,000 after buying an additional 473 shares during the period. NewEdge Wealth LLC raised its position in shares of Carvana by 47.0% during the 3rd quarter. NewEdge Wealth LLC now owns 1,740 shares of the company’s stock worth $656,000 after buying an additional 556 shares in the last quarter. Alberta Investment Management Corp bought a new stake in shares of Carvana during the 3rd quarter worth about $5,319,000. Finally, Bornite Capital Management LP acquired a new stake in shares of Carvana in the 3rd quarter worth approximately $18,862,000. Institutional investors own 56.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CVNA. Deutsche Bank Aktiengesellschaft dropped their target price on Carvana from $600.00 to $519.00 and set a “buy” rating on the stock in a report on Thursday. UBS Group set a $485.00 price objective on Carvana in a research note on Friday. Morgan Stanley restated an “overweight” rating on shares of Carvana in a report on Thursday, January 8th. Zacks Research cut shares of Carvana from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $500.00 price target on shares of Carvana in a report on Thursday. Nineteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $443.55.

Carvana Trading Down 2.8%

NYSE CVNA traded down $9.25 on Friday, hitting $323.55. 1,124,433 shares of the company were exchanged, compared to its average volume of 4,409,944. 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 Co. has a twelve month low of $148.25 and a twelve month high of $486.89. The firm has a market capitalization of $70.38 billion, a P/E ratio of 40.93 and a beta of 3.57. The company’s 50 day moving average price is $425.42 and its 200-day moving average price is $381.76.

Carvana (NYSE:CVNA) last released its quarterly earnings results on Wednesday, February 18th. The company reported $4.22 earnings per share (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 61.70%. The business had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.24 billion. During the same quarter in the previous year, the business earned $0.56 earnings per share. The firm’s revenue was up 58.0% compared to the same quarter last year. Analysts predict that Carvana Co. will post 2.85 earnings per share for the current fiscal year.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q4 beat: Carvana reported revenue of $5.6B (+58% YoY) and diluted EPS of $4.22, well above consensus, and highlighted strong unit sales and improved operating cash flow — evidence of continued demand and execution. Carvana (CVNA) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Some bulls remain: multiple firms (Needham, Stephens, others) reaffirmed buy/outperform views and several analysts still show sizable upside in their models despite cuts to near‑term targets. Analyst Reaffirmations
• Neutral Sentiment: Company disclosures and call materials are available (earnings slide deck and transcript) for deeper diligence — useful for modeling conversion, margins and 2026 guidance sensitivity. Press Release / Slide Deck
• Negative Sentiment: Profitability and guidance concerns: despite the headline beat, analysts and traders flagged disappointing profitability metrics and a vague outlook for 2026 that undercut enthusiasm and triggered profit‑taking. Profitability & Accounting Scrutiny
• Negative Sentiment: Analyst downgrades/target cuts: DA Davidson cut its target sharply to $320 (neutral), and several major houses trimmed targets (Evercore, BofA, Wells Fargo, Citi, BTIG, Wedbush), pressuring near‑term sentiment. DA Davidson Downgrade / Gap Down
• Negative Sentiment: Legal/regulatory risk: a securities‑fraud investigation solicitation was announced (Block & Leviton), adding headline risk and likely contributing to selling pressure. Investor Solicitation / Investigation
• Negative Sentiment: Market reaction and technicals: shares gapped lower and experienced a pre‑market slump as investors digested mixed results, analyst cuts and headlines — increasing short‑term volatility. Market Reaction / Sell‑off
• Negative Sentiment: Insider selling noted in filings and data summaries — while not definitive proof of problems, heavy insider exits have been highlighted in coverage and can weigh on sentiment. Insider Activity & Institutional Moves

Insider Activity at Carvana

In other news, insider Daniel J. Gill sold 40,000 shares of the 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 sale, the insider owned 191,106 shares in the company, valued at $90,821,215.44. This represents a 17.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Benjamin E. Huston sold 10,000 shares of Carvana stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $411.27, for a total value of $4,112,700.00. Following the transaction, the chief operating officer owned 98,652 shares in the company, valued at $40,572,608.04. This represents a 9.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 420,351 shares of company stock worth $179,589,049. Insiders own 17.12% of the company’s stock.

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.