Caisse Des Depots ET Consignations Makes New Investment in Carvana Co. $CVNA

Caisse Des Depots ET Consignations acquired a new stake in Carvana Co. (NYSE:CVNA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,110 shares of the company’s stock, valued at approximately $796,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. SJS Investment Consulting Inc. raised its holdings in Carvana by 28.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock valued at $51,000 after acquiring an additional 30 shares during the last quarter. MAI Capital Management grew its position in shares of Carvana by 1.8% in the second quarter. MAI Capital Management now owns 1,757 shares of the company’s stock valued at $592,000 after purchasing an additional 31 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in Carvana by 23.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock valued at $62,000 after purchasing an additional 31 shares during the last quarter. Gilder Gagnon Howe & Co. LLC lifted its position in Carvana by 1.7% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 1,846 shares of the company’s stock worth $622,000 after buying an additional 31 shares during the period. Finally, WPG Advisers LLC boosted its stake in Carvana by 17.2% in the 3rd quarter. WPG Advisers LLC now owns 218 shares of the company’s stock worth $82,000 after buying an additional 32 shares during the last quarter. Hedge funds and other institutional investors own 56.71% of the company’s stock.

Carvana Stock Performance

Shares of NYSE:CVNA opened at $364.79 on Thursday. The business’s 50-day simple moving average is $436.75 and its 200 day simple moving average is $382.24. The company has a market cap of $79.36 billion, a P/E ratio of 83.29, a PEG ratio of 0.95 and a beta of 3.57. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.55 and a current ratio of 4.05. Carvana Co. has a one year low of $148.25 and a one year high of $486.89.

Insiders Place Their Bets

In other Carvana news, COO Benjamin E. Huston sold 40,000 shares of the company’s stock in a transaction dated 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 transaction, the chief operating officer directly owned 100,758 shares of the company’s stock, valued at $44,283,141. This represents a 28.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Thomas Taira sold 30,952 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $435.96, for a total value of $13,493,833.92. Following the sale, the insider owned 69,880 shares of the company’s stock, valued at $30,464,884.80. This represents a 30.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 420,351 shares of company stock valued at $179,589,049. Corporate insiders own 17.12% of the company’s stock.

Carvana News Summary

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Recent headlines note Carvana outpaced broader market gains in short-term moves, suggesting some buying interest and momentum among retail investors. Carvana outpaces stock market gains
• Neutral Sentiment: Carvana is scheduled to report earnings next week; the timing keeps focus on guidance and results but is not new news. Carvana Expected to Announce Earnings
• Neutral Sentiment: Coverage summaries and analyst roundups are running, keeping attention on consensus estimates and analyst revisions — these can sway short-term moves depending on the print. Are Wall Street analysts predicting Carvana will climb or sink?
• Negative Sentiment: Block & Leviton announced an investigation into potential securities-law claims against Carvana, which raises legal/financial risk and tends to weigh on investor sentiment. CVNA Down 7%: Carvana Investigated for Securities Fraud
• Negative Sentiment: Kirby McInerney LLP also issued an investor alert about potential claims tied to the company, amplifying regulatory and reputational concerns after a short-seller report. Kirby McInerney investigates potential claims
• Negative Sentiment: Research/preview pieces (Zacks) say Carvana may lack the setup for an earnings beat next week, which increases downside risk if results or guidance disappoint. Carvana earnings expected to grow: what to know
• Negative Sentiment: An insider (Thomas Taira) sold ~1,047 shares recently; while modest in size vs. total holdings, insider selling during a sensitive news cycle can be read negatively by the market. Insider sale by Thomas Taira

Analysts Set New Price Targets

CVNA has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Carvana from $490.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Argus began coverage on shares of Carvana in a research note on Monday, December 15th. They set a “buy” rating and a $500.00 price target on the stock. Wells Fargo & Company lifted their price target on shares of Carvana from $500.00 to $525.00 and gave the company an “overweight” rating in a report on Tuesday, January 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $460.00 target price on shares of Carvana in a research report on Thursday, October 30th. Finally, Zacks Research downgraded Carvana from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Nineteen investment 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $474.27.

About Carvana

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.