Nisa Investment Advisors LLC Has $5 Million Stock Holdings in Carvana Co. $CVNA

Nisa Investment Advisors LLC decreased its position in Carvana Co. (NYSE:CVNA) by 23.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,249 shares of the company’s stock after selling 4,005 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Carvana were worth $4,998,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. grew its stake in Carvana by 28.3% during the third 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 last quarter. Warren Street Wealth Advisors LLC raised its stake in shares of Carvana by 2.8% in the second quarter. Warren Street Wealth Advisors LLC now owns 1,153 shares of the company’s stock valued at $388,000 after acquiring an additional 31 shares during the last quarter. MAI Capital Management boosted its holdings in shares of Carvana by 1.8% in the 2nd quarter. MAI Capital Management now owns 1,757 shares of the company’s stock worth $592,000 after acquiring an additional 31 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in 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 acquiring an additional 31 shares during the last quarter. Finally, Gilder Gagnon Howe & Co. LLC grew its position in 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 acquiring an additional 31 shares during the last quarter. 56.71% of the stock is owned by institutional investors.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Zacks upgraded Carvana to a Zacks Rank #2 (Buy), citing improving earnings prospects that could support near-term upside. Carvana (CVNA) Upgraded to Buy: Here’s Why
• Positive Sentiment: Bank of America Securities continues to rate CVNA as a Buy, reinforcing institutional support and signaling confidence in the company’s outlook. Bank of America Securities Remains a Buy on Carvana Co (CVNA)
• Positive Sentiment: Jefferies issued a Buy on CVNA, another notable sell‑side endorsement that can attract momentum buyers and upward price pressure. Carvana Co (CVNA) Receives a Buy from Jefferies
• Positive Sentiment: Zacks Research analysts have raised EPS forecasts across multiple quarters and for FY2027 (notably higher Q4/Q1/Q3 estimates and a much larger FY2027 outlook), which supports a higher valuation multiple. Zacks Research Brokers Lift Earnings Estimates for Carvana
• Positive Sentiment: An analyst note cited on MSN highlights a 67% bull-case upside for CVNA, feeding a bullish narrative and likely attracting speculative interest. Carvana stock keeps running after 3 monster years — now, an analyst flags 67% bull case upside
• Neutral Sentiment: A fund letter (Tapasya Fund) noted Carvana outperformed expectations and contributed to strong absolute returns in 2025 — supportive but not a direct driver of broad market moves. Carvana (CVNA) Rose as It Exceeded the Investor Expectations
• Neutral Sentiment: Coverage pieces assessing whether to buy, sell or hold post‑earnings are circulating; these summarize risks and catalysts but do not add a single directional impulse. Carvana (CVNA): Buy, sell, or hold post Q3 earnings?

Insider Activity

In other news, insider Daniel J. Gill sold 40,000 shares of the firm’s 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 transaction, the insider directly owned 191,106 shares in the company, valued at $90,821,215.44. This trade represents a 17.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Stephen R. Palmer sold 1,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $419.48, for a total value of $419,480.00. Following the completion of the sale, the vice president owned 38,744 shares of the company’s stock, valued at $16,252,333.12. This represents a 2.52% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 467,626 shares of company stock worth $192,090,109. Corporate insiders own 17.12% of the company’s stock.

Analyst Upgrades and Downgrades

CVNA has been the subject of several research analyst reports. Gordon Haskett cut their price objective on Carvana from $445.00 to $435.00 and set a “hold” rating for the company in a research report on Monday, January 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $500.00 price target on shares of Carvana in a report on Monday, November 17th. BTIG Research reissued a “buy” rating and set a $450.00 price objective on shares of Carvana in a report on Friday, December 19th. Jefferies Financial Group raised their price objective on shares of Carvana from $475.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Carvana from $425.00 to $490.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Carvana has an average rating of “Moderate Buy” and an average price target of $451.14.

Carvana Stock Performance

Shares of NYSE:CVNA opened at $463.57 on Monday. The company has a current ratio of 4.05, a quick ratio of 2.55 and a debt-to-equity ratio of 1.63. Carvana Co. has a 1-year low of $148.25 and a 1-year high of $485.33. The stock has a market capitalization of $100.85 billion, a P/E ratio of 105.84, a P/E/G ratio of 1.08 and a beta of 3.54. The business has a 50-day moving average price of $391.56 and a two-hundred day moving average price of $367.84.

Carvana (NYSE:CVNA) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.26). The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.04 billion. Carvana had a return on equity of 30.62% and a net margin of 3.44%.The firm’s quarterly revenue was up 54.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 EPS. Equities analysts predict that Carvana Co. will post 2.85 earnings per share for the current year.

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.