J Danforth Quayle Sells 14,525 Shares of Carvana (NYSE:CVNA) Stock

Carvana Co. (NYSE:CVNA) Director J Danforth Quayle sold 14,525 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $75.00, for a total value of $1,089,375.00. Following the sale, the director directly owned 214,960 shares of the company’s stock, valued at approximately $16,122,000. This represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

J Danforth Quayle also recently made the following trade(s):

• On Wednesday, June 10th, J Danforth Quayle sold 14,525 shares of Carvana stock. The shares were sold at an average price of $70.00, for a total value of $1,016,750.00.

Carvana Trading Down 7.5%

Shares of CVNA opened at $64.85 on Wednesday. The business’s 50-day moving average price is $67.14 and its 200 day moving average price is $68.79. The stock has a market capitalization of $71.37 billion, a P/E ratio of 35.87, a P/E/G ratio of 2.75 and a beta of 3.46. Carvana Co. has a 1-year low of $54.46 and a 1-year high of $97.38. The company has a current ratio of 3.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.94.

Carvana (NYSE:CVNA) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. Carvana had a return on equity of 37.06% and a net margin of 6.26%.The firm had revenue of $7.38 billion for the quarter, compared to the consensus estimate of $6.90 billion. During the same quarter in the previous year, the company earned $1.51 EPS. The business’s revenue for the quarter was up 52.4% compared to the same quarter last year. Analysts expect that Carvana Co. will post 1.68 earnings per share for the current year.

Institutional Trading of Carvana

Several institutional investors have recently made changes to their positions in CVNA. Ascentis Independent Advisors acquired a new position in Carvana in the 1st quarter valued at approximately $26,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of Carvana during the 4th quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Carvana by 152.6% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 96 shares of the company’s stock valued at $30,000 after buying an additional 58 shares during the period. Transamerica Financial Advisors LLC grew its holdings in shares of Carvana by 558.0% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 454 shares of the company’s stock valued at $30,000 after acquiring an additional 385 shares in the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of Carvana during the 4th quarter valued at $33,000. 56.71% of the stock is currently owned by institutional investors and hedge funds.

Carvana News Summary

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Carvana’s latest quarter provided fundamental support: revenue rose 52.4% year over year to $7.38 billion, exceeding expectations of $6.90 billion, while EPS of $0.42 topped the $0.39 consensus. Analysts continue to see upside, with a consensus “Moderate Buy” rating and an average price target of $84.14. 3 Big Reasons to Love Carvana
• Positive Sentiment: Several firms remain bullish, including Needham, which reiterated a Buy rating and a $120 target, while Morgan Stanley, Barclays and Jefferies also maintain positive ratings despite some target-price reductions.
• Neutral Sentiment: The stock’s performance reflects a split view of Carvana’s business model: bulls point to its growth and improving profitability, while bears question whether the company’s valuation can be justified after its strong run and amid sustained volatility. Carvana Drops With Bulls and Bears Split
• Negative Sentiment: Options activity was unusually bearish, with traders purchasing 89,113 put contracts—about 48% above typical put volume—suggesting increased demand for downside protection or speculative bets against CVNA.
• Negative Sentiment: Director J. Danforth Quayle sold 14,525 shares for approximately $1.09 million, while director Ira J. Platt sold 15,000 shares for about $1.13 million. Quayle’s transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary signal, but the sales can still weigh on sentiment. Carvana Insider Sale

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CVNA shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $80.00 price target on shares of Carvana in a research report on Friday, July 31st. DA Davidson set a $67.00 price objective on shares of Carvana in a research report on Thursday, July 30th. Jefferies Financial Group cut their target price on shares of Carvana from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Tuesday, July 14th. Argus reduced their target price on Carvana from $500.00 to $100.00 in a report on Monday, May 11th. Finally, Bank of America raised their target price on Carvana from $72.00 to $82.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $84.14.

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.