Prakash Investment Advisors LLC Grows Position in Carvana Co. $CVNA

Prakash Investment Advisors LLC grew its position in shares of Carvana Co. (NYSE:CVNA) by 34.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,320 shares of the company’s stock after purchasing an additional 1,870 shares during the quarter. Carvana makes up about 1.9% of Prakash Investment Advisors LLC’s portfolio, making the stock its 16th biggest holding. Prakash Investment Advisors LLC’s holdings in Carvana were worth $2,761,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Los Angeles Capital Management LLC boosted its position in Carvana by 1,950.7% during the second quarter. Los Angeles Capital Management LLC now owns 111,190 shares of the company’s stock worth $37,467,000 after purchasing an additional 105,768 shares in the last quarter. Federated Hermes Inc. raised its stake in shares of Carvana by 124.9% during the 3rd quarter. Federated Hermes Inc. now owns 265,921 shares of the company’s stock worth $100,316,000 after buying an additional 147,683 shares during the period. Hudson Bay Capital Management LP lifted its position in shares of Carvana by 158.0% during the 2nd quarter. Hudson Bay Capital Management LP now owns 16,478 shares of the company’s stock valued at $5,552,000 after buying an additional 10,090 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Carvana by 11.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 637,462 shares of the company’s stock valued at $240,476,000 after buying an additional 64,424 shares in the last quarter. Finally, Strs Ohio grew its stake in Carvana by 89.9% in the 3rd quarter. Strs Ohio now owns 37,756 shares of the company’s stock valued at $14,243,000 after acquiring an additional 17,878 shares during the period. 56.71% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q4 results beat expectations: Carvana reported record fourth?quarter revenue (+58% YoY) and a sizeable EPS beat, with management highlighting strong unit sales and improving operating metrics — a fundamental positive that supports the “comeback” thesis. Carvana Q4 Earnings Beat on Higher-Than-Expected Vehicle Sales
• Positive Sentiment: Company release / investor materials: Carvana posted a shareholder letter, slide deck and call transcript that emphasize record unit economics and cash generation improvements — useful for investors focused on long?term recovery. Carvana Q4 Press Release & Slide Deck
• Neutral Sentiment: Mixed analyst actions: Several firms trimmed 12?month targets (Bank of America, Evercore, Wells Fargo, BTIG, Citigroup, etc.) but many kept buy/overweight ratings — this narrows upside expectations while leaving institutional support intact. Citigroup Adjusts Price Target on Carvana
• Negative Sentiment: DA Davidson downgrade and lower target triggered a pre?market gap down: DA Davidson cut its target sharply (to $320) and moved to neutral, which directly pressured the stock in premarket trading. Carvana (NYSE:CVNA) Shares Gap Down After Analyst Downgrade
• Negative Sentiment: Regulatory / legal risk: A law firm investigation into potential securities fraud was announced, increasing short?term downside risk and adding headline volatility until the matter is resolved. Carvana Investors Should Contact Block & Leviton
• Negative Sentiment: Profitability metrics and guidance concerns: Despite the headline beat, analysts and media flagged weaker-than-expected profit margins, ambiguous near?term visibility and accounting questions discussed on the earnings call — reasons cited for the post?earnings selloff. Carvana’s Comeback Narrative Tested by Accounting Scrutiny, Profitability Metrics
• Negative Sentiment: Insider selling highlighted: Data showed substantial insider share sales over recent months, which investors often interpret as a negative signal for near?term sentiment. Carvana Co. (CVNA) Stock Falls on Q4 2025 Earnings

Insider Buying and Selling at Carvana

In related news, COO Benjamin E. Huston sold 40,000 shares of Carvana stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $439.50, for a total value of $17,580,000.00. Following the completion of the sale, the chief operating officer owned 100,758 shares in the company, valued at approximately $44,283,141. This trade represents a 28.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul W. Breaux sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $438.50, for a total value of $8,770,000.00. Following the completion of the sale, the insider directly owned 69,289 shares in the company, valued at approximately $30,383,226.50. The trade was a 22.40% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 420,351 shares of company stock worth $179,589,049. Insiders own 17.12% of the company’s stock.

Carvana Stock Down 8.0%

Shares of CVNA opened at $332.67 on Friday. Carvana Co. has a 52-week low of $148.25 and a 52-week high of $486.89. The company has a quick ratio of 2.55, a current ratio of 4.05 and a debt-to-equity ratio of 1.63. The stock has a fifty day simple moving average of $425.42 and a two-hundred day simple moving average of $381.76. The company has a market capitalization of $72.37 billion, a PE ratio of 41.38 and a beta of 3.57.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, February 18th. The company reported $4.22 EPS for the quarter, topping 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 company had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.24 billion. During the same period in the previous year, the firm earned $0.56 earnings per share. Carvana’s quarterly revenue was up 58.0% compared to the same quarter last year. As a group, equities analysts forecast that Carvana Co. will post 2.85 EPS for the current year.

Wall Street Analysts Forecast Growth

CVNA has been the topic of several recent analyst reports. BTIG Research decreased their price objective on shares of Carvana from $535.00 to $455.00 and set a “buy” rating on the stock in a report on Thursday. JPMorgan Chase & Co. decreased their price target on shares of Carvana from $510.00 to $490.00 and set an “overweight” rating on the stock in a research note on Thursday. Bank of America cut their price objective on Carvana from $460.00 to $400.00 and set a “buy” rating for the company in a research note on Thursday. Zacks Research cut Carvana from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, DA Davidson lowered their price target on Carvana from $470.00 to $320.00 and set a “neutral” rating on the stock in a research note on Thursday. Nineteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $450.82.

Carvana 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.