Mark Jenkins Sells 12,750 Shares of Carvana (NYSE:CVNA) Stock

Carvana Co. (NYSE:CVNA) CFO Mark Jenkins sold 12,750 shares of Carvana stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $410.19, for a total value of $5,229,922.50. Following the completion of the sale, the chief financial officer owned 202,817 shares in the company, valued at $83,193,505.23. This represents a 5.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Carvana Stock Performance

NYSE CVNA opened at $392.23 on Thursday. The stock has a market cap of $85.33 billion, a PE ratio of 89.55, a P/E/G ratio of 1.00 and a beta of 3.57. 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 twelve month low of $148.25 and a twelve month high of $486.89. The stock has a fifty day simple moving average of $435.35 and a 200-day simple moving average of $380.34.

Wall Street Analyst Weigh In

CVNA has been the topic of a number of research analyst reports. Evercore ISI boosted their price target on shares of Carvana from $425.00 to $430.00 in a research note on Tuesday, January 27th. Stephens boosted their target price on Carvana from $454.00 to $519.00 and gave the company an “overweight” rating in a research report on Friday, January 9th. Argus began coverage on Carvana in a research note on Monday, December 15th. They set a “buy” rating and a $500.00 price target on the stock. Zacks Research lowered Carvana from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Carvana in a report on Thursday, January 8th. 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.com, Carvana currently has a consensus rating of “Moderate Buy” and a consensus price target of $474.27.

Institutional Trading of Carvana

Several hedge funds have recently modified their holdings of the stock. Royal Bank of Canada grew its stake in Carvana by 40.8% during the 1st quarter. Royal Bank of Canada now owns 29,867 shares of the company’s stock worth $6,243,000 after purchasing an additional 8,654 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Carvana by 251.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the company’s stock valued at $53,000 after buying an additional 181 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Carvana by 84.1% during the second quarter. Janney Montgomery Scott LLC now owns 1,797 shares of the company’s stock worth $606,000 after buying an additional 821 shares in the last quarter. Truist Financial Corp increased its stake in shares of Carvana by 201.6% during the second quarter. Truist Financial Corp now owns 6,607 shares of the company’s stock worth $2,226,000 after buying an additional 13,107 shares during the period. Finally, PFG Investments LLC acquired a new stake in Carvana in the second quarter valued at approximately $291,000. 56.71% of the stock is currently owned by institutional investors and hedge funds.

Carvana News Roundup

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Multiple sell‑side analysts remain constructive, raising price targets and maintaining Buy/Overweight ratings — this provides an upside narrative that can support the stock if fundamentals hold.
• Positive Sentiment: Recent institutional activity shows several funds adding to positions in the fourth quarter (small but notable inflows), which can help dampen downside in volatile sessions. Read More.
• Neutral Sentiment: Industry/competitive context: a MarketBeat piece revisits Hertz’s Amazon partnership as an alternate online used‑car channel — useful for competitive framing but not a direct company-specific catalyst. Read More.
• Negative Sentiment: Multiple law firms (Rosen, Pomerantz, Bleichmar Fonti & Auld, Block & Leviton) have opened securities investigations into Carvana following recent reports — this raises litigation, discovery and potential settlement risk that can pressure the stock and increase uncertainty. Read More.
• Negative Sentiment: Insider selling by senior executives: recent Form 4 filings show the COO (10,000 shares), CFO (12,750 shares) and a VP (1,000 shares) sold stock in early February — significant C‑suite sales can stoke investor concern about near‑term outlook or personal liquidity needs. Read More.
• Negative Sentiment: Credit risk flagged by analysts/commentators: a Seeking Alpha piece warns of elevated subprime loan exposure (“The Subprime Cliff”), highlighting potential for rising credit losses and margin pressure if used‑car loan performance weakens. Read More.

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.