Wealth Enhancement Advisory Services LLC Buys 2,172 Shares of Carvana Co. $CVNA

Wealth Enhancement Advisory Services LLC grew its position in shares of Carvana Co. (NYSE:CVNA) by 47.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,705 shares of the company’s stock after buying an additional 2,172 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Carvana were worth $2,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of CVNA. Hilltop National Bank purchased a new stake in Carvana during the second quarter valued at $25,000. ORG Partners LLC grew its stake in shares of Carvana by 8,700.0% during the 3rd quarter. ORG Partners LLC now owns 88 shares of the company’s stock valued at $33,000 after purchasing an additional 87 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Carvana during the 3rd quarter valued at about $38,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Carvana in the 2nd quarter worth approximately $38,000. Finally, LRI Investments LLC bought a new position in shares of Carvana in the 2nd quarter worth approximately $42,000. Institutional investors own 56.71% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on CVNA. Needham & Company LLC reaffirmed a “buy” rating and set a $500.00 target price on shares of Carvana in a report on Monday, November 17th. Zacks Research downgraded shares of Carvana from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Evercore ISI upped their price objective on Carvana from $425.00 to $430.00 in a research note on Tuesday. Argus assumed coverage on Carvana in a report on Monday, December 15th. They issued a “buy” rating and a $500.00 target price on the stock. Finally, Wall Street Zen downgraded Carvana from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Nineteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $474.27.

Carvana News Roundup

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Analysts raised targets and reaffirmed conviction — major firms (JPMorgan, Wells Fargo) boosted price targets and kept bullish ratings, signaling some institutional confidence in Carvana’s operational recovery. Benzinga: JPMorgan raises target
• Positive Sentiment: Recent quarterly results and balance?sheet repair support the bull case: record revenue, positive GAAP operating income and substantial cash on hand plus notable debt reduction are cited as evidence the core retail used?car business is profitable. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations
• Neutral Sentiment: Carvana has publicly refuted the Gotham short report, calling the allegations inaccurate and emphasizing that related?party transactions are disclosed in its filings — response may calm some investors but doesn’t eliminate scrutiny. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations
• Neutral Sentiment: Shares are rebounding after the initial plunge, showing short?term resilience; this rebound reflects a tug?of?war between momentum buyers and risk?averse traders. Benzinga: Stock Of The Day
• Negative Sentiment: Gotham City Research alleges Carvana overstated 2023–2024 earnings by >$1B via related?party loan transfers and valuation practices (GoFi, Bridgecrest, DriveTime), the core catalyst for the sell?off. These are material accounting accusations that could materially affect reported profits if validated. Gotham City Research report
• Negative Sentiment: Multiple law firms have opened securities?fraud investigations and notified investors (Rosen, Pomerantz, Kirby McInerney, BFA, Block & Leviton, Moore Law), increasing the likelihood of litigation and potential shareholder claims. BusinessWire: Rosen Law Firm investigation
• Negative Sentiment: Regulatory and audit risks remain: the Gotham piece notes an SEC subpoena and that the same audit firm signs multiple related entities, which could prompt regulatory review, restatements or enforcement — key downside risk for the stock. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations

Carvana Stock Up 4.3%

CVNA opened at $427.77 on Friday. The stock has a market cap of $93.06 billion, a price-to-earnings ratio of 97.67, a price-to-earnings-growth ratio of 0.98 and a beta of 3.54. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.55 and a current ratio of 4.05. The firm’s fifty day moving average is $430.14 and its 200 day moving average is $378.61. Carvana Co. has a fifty-two week low of $148.25 and a fifty-two week high of $486.89.

Carvana (NYSE:CVNA) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.26). Carvana had a return on equity of 30.62% and a net margin of 3.44%.The business had revenue of $5.65 billion during the quarter, compared to analysts’ expectations of $5.04 billion. During the same quarter in the previous year, the company posted $0.64 EPS. The company’s quarterly revenue was up 54.5% on a year-over-year basis. On average, sell-side analysts forecast that Carvana Co. will post 2.85 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Carvana news, insider Paul W. Breaux sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $438.50, for a total value of $8,770,000.00. Following the completion of the transaction, the insider directly owned 69,289 shares in the company, valued at $30,383,226.50. This represents a 22.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Thomas Taira sold 30,952 shares of Carvana stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $435.96, for a total transaction of $13,493,833.92. Following the sale, the insider owned 69,880 shares in the company, valued at approximately $30,464,884.80. The trade was a 30.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 435,256 shares of company stock worth $182,324,727 in the last quarter. 17.12% of the stock is owned by insiders.

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.