Carvana (NYSE:CVNA) COO Benjamin Huston Sells 10,000 Shares

Carvana Co. (NYSE:CVNA) COO Benjamin Huston sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $384.96, for a total value of $3,849,600.00. Following the sale, the chief operating officer owned 105,962 shares of the company’s stock, valued at $40,791,131.52. This represents a 8.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Carvana Stock Down 3.3%

NYSE:CVNA traded down $13.23 during mid-day trading on Friday, reaching $382.57. The stock had a trading volume of 4,359,806 shares, compared to its average volume of 2,602,332. The company has a market capitalization of $83.73 billion, a price-to-earnings ratio of 46.54 and a beta of 3.55. Carvana Co. has a 1-year low of $250.89 and a 1-year high of $486.89. The stock’s 50 day simple moving average is $336.94 and its two-hundred day simple moving average is $371.95. The company has a debt-to-equity ratio of 1.05, a current ratio of 4.09 and a quick ratio of 2.73.

Carvana shares are scheduled to split on the morning of Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly issued shares will be issued to shareholders after the closing bell on Wednesday, May 6th.

Carvana (NYSE:CVNA) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.11. The business had revenue of $6.43 billion during the quarter, compared to the consensus estimate of $6.12 billion. Carvana had a return on equity of 41.46% and a net margin of 6.40%. Equities analysts anticipate that Carvana Co. will post 6.97 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CVNA shares. JPMorgan Chase & Co. lifted their target price on Carvana from $455.00 to $465.00 and gave the company an “overweight” rating in a research note on Thursday. Citizens Jmp boosted their target price on Carvana from $460.00 to $515.00 and gave the stock a “market outperform” rating in a report on Friday. Weiss Ratings downgraded Carvana from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, March 24th. BNP Paribas Exane upped their target price on Carvana from $388.00 to $429.00 in a report on Thursday. Finally, DA Davidson lifted their price objective on shares of Carvana from $320.00 to $335.00 and gave the stock a “neutral” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Carvana has an average rating of “Moderate Buy” and an average target price of $466.13.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q1 results: Carvana reported record retail unit sales, revenue and profit (EPS and revenue beat consensus), driving confidence in growth and profitability execution. Carvana Announces Record First Quarter 2026
• Positive Sentiment: Broad analyst upgrades: Multiple firms raised price targets and ratings after the quarter (Needham to $600, Morgan Stanley to $510, JPMorgan to $465, Wells Fargo to $475, BTIG to $485, etc.), signaling strong buy-side conviction on upside from current levels. Wall Street Showers Carvana With Price Target Hikes
• Positive Sentiment: Industry demand tailwinds: Management and coverage note inflation-driven used-car demand and capacity expansion (reconditioning and capex) that support faster unit growth and longer-term scaling. Carvana Sets Records as Inflation Drives Used Car Demand
• Neutral Sentiment: Valuation focus: Recent rally (roughly a 1?month surge) has drawn attention to Carvana’s premium P/E and elevated multiples, prompting some investors to reassess upside relative to valuation. Assessing Carvana Valuation After Recent Share Price Strength
• Negative Sentiment: Contrasting analyst signal: DA Davidson raised its target to $335 but kept a “neutral” rating — that target implies downside versus recent levels and injects caution into the upgrade momentum. DA Davidson Price Target Note
• Negative Sentiment: Profit vs. margin trade-off: Despite record profit, management flagged lower per?unit margins and higher operating costs, which could cap near?term margin expansion and leave some investors taking profits. Q1 Earnings Call Highlights
• Negative Sentiment: Immediate market reaction: The stock trimmed gains after the print — some traders sold into the headline beat, producing a short-term pullback despite fundamentally positive results. Stock Reaction After Earnings

Institutional Investors Weigh In On Carvana

Large investors have recently bought and sold shares of the business. First Horizon Corp boosted its holdings in shares of Carvana by 6.4% during the 4th quarter. First Horizon Corp now owns 418 shares of the company’s stock worth $176,000 after buying an additional 25 shares during the period. SJS Investment Consulting Inc. boosted its holdings in shares of Carvana by 28.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock worth $51,000 after buying an additional 30 shares during the period. Gilder Gagnon Howe & Co. LLC boosted its holdings in shares of Carvana by 1.7% during the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 1,846 shares of the company’s stock worth $622,000 after buying an additional 31 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Carvana by 23.1% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock worth $62,000 after buying an additional 31 shares during the period. Finally, Finivi Inc. boosted its holdings in shares of Carvana by 4.6% during the 4th quarter. Finivi Inc. now owns 698 shares of the company’s stock worth $295,000 after buying an additional 31 shares during the period. 56.71% of the stock is currently owned by institutional investors.

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.