Federated Hermes Inc. Buys 147,683 Shares of Carvana Co. $CVNA

Federated Hermes Inc. grew its stake in shares of Carvana Co. (NYSE:CVNA) by 124.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 265,921 shares of the company’s stock after buying an additional 147,683 shares during the quarter. Federated Hermes Inc. owned approximately 0.12% of Carvana worth $100,316,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Los Angeles Capital Management LLC lifted its position in shares of Carvana by 1,950.7% during the 2nd quarter. Los Angeles Capital Management LLC now owns 111,190 shares of the company’s stock valued at $37,467,000 after acquiring an additional 105,768 shares during the period. Hudson Bay Capital Management LP grew its holdings in Carvana by 158.0% in the second quarter. Hudson Bay Capital Management LP now owns 16,478 shares of the company’s stock worth $5,552,000 after purchasing an additional 10,090 shares during the period. Massachusetts Financial Services Co. MA increased its stake in Carvana by 11.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 637,462 shares of the company’s stock valued at $240,476,000 after purchasing an additional 64,424 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Carvana by 14.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 193,879 shares of the company’s stock valued at $76,662,000 after purchasing an additional 24,129 shares during the period. Finally, Strs Ohio boosted its position in shares of Carvana by 89.9% during the 3rd quarter. Strs Ohio now owns 37,756 shares of the company’s stock worth $14,243,000 after purchasing an additional 17,878 shares in the last quarter. 56.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CVNA shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carvana in a research note on Monday, December 29th. Bank of America upped their target price on Carvana from $455.00 to $515.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Evercore ISI lifted their price target on shares of Carvana from $425.00 to $430.00 in a research report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Carvana in a research note on Tuesday, January 13th. Finally, Argus assumed coverage on shares of Carvana in a research note on Monday, December 15th. They issued a “buy” rating and a $500.00 price objective on the stock. Nineteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $474.27.

Carvana Price Performance

CVNA opened at $407.95 on Thursday. Carvana Co. has a 1 year low of $148.25 and a 1 year high of $486.89. The company has a debt-to-equity ratio of 1.63, a current ratio of 4.05 and a quick ratio of 2.55. The company has a market capitalization of $88.75 billion, a price-to-earnings ratio of 93.14, a P/E/G ratio of 1.15 and a beta of 3.54. The firm’s fifty day moving average price is $427.84 and its two-hundred day moving average price is $378.26.

Carvana (NYSE:CVNA) last announced its 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). Carvana had a net margin of 3.44% and a return on equity of 30.62%. The firm had revenue of $5.65 billion during the quarter, compared to analysts’ expectations of $5.04 billion. During the same quarter in the prior year, the company earned $0.64 EPS. The business’s revenue for the quarter was up 54.5% on a year-over-year basis. As a group, analysts anticipate that Carvana Co. will post 2.85 earnings per share for the current fiscal year.

Insider Transactions at Carvana

In other Carvana news, insider Ryan S. Keeton sold 32,370 shares of the company’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $301.68, for a total value of $9,765,381.60. Following the completion of the transaction, the insider owned 115,456 shares in the company, valued at $34,830,766.08. This represents a 21.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel J. Gill sold 80,000 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $439.50, for a total value of $35,160,000.00. Following the sale, the insider directly owned 191,106 shares of the company’s stock, valued at approximately $83,991,087. This represents a 29.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 467,626 shares of company stock worth $192,090,109. 16.36% of the stock is owned by insiders.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: JPMorgan raised its price target to $510 and keeps an “overweight” rating, signaling continued analyst conviction in Carvana’s growth runway despite recent headlines. JPMorgan raises price target to $510
• Positive Sentiment: Some analysts highlight an expanding online buyer base and improving unit economics that supported earlier gains in the stock, underpinning the bull case if operational momentum continues. Carvana Is Up After Analysts Cite Expanding Online Buyer Base
• Neutral Sentiment: Evercore slightly adjusted its price target (from $425 to $430); the change is modest and its rating remains cautious, leaving room for differing analyst views to drive volatility. Evercore adjusts price target on Carvana
• Neutral Sentiment: Market commentary and roundups are debating whether the recent run-up in CVNA needed reassessment; these pieces provide context but don’t directly alter fundamentals. Carvana Stock Plummeted Today — Here’s Why
• Negative Sentiment: Gotham City Research alleges Carvana overstated earnings by roughly $1 billion and raised related‑party concerns; those claims are the proximate cause of the sharp selloff and heightened scrutiny. Carvana shares fall following short-seller accusations
• Negative Sentiment: Multiple securities‑law firms (Bleichmar Fonti & Auld LLP and Block & Leviton) have launched investigations and notified investors, increasing legal and disclosure risk for the company and likely prolonging uncertainty. BFA Law launches investigation into Carvana Block & Leviton investigating Carvana
• Negative Sentiment: The market reaction—sharp price decline and heavy intraday volume—reflects elevated execution, disclosure and governance concerns; until the company addresses the allegations (or regulators clarify outcomes), expect elevated volatility. Why CVNA erased its 2026 gains

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.