Assetmark Inc. Buys 3,545 Shares of Carvana Co. $CVNA

Assetmark Inc. boosted its stake in shares of Carvana Co. (NYSE:CVNA) by 803.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,986 shares of the company’s stock after purchasing an additional 3,545 shares during the quarter. Assetmark Inc.’s holdings in Carvana were worth $1,504,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CVNA. Los Angeles Capital Management LLC lifted its holdings in Carvana by 1,950.7% in the second quarter. Los Angeles Capital Management LLC now owns 111,190 shares of the company’s stock valued at $37,467,000 after buying an additional 105,768 shares during the period. Federated Hermes Inc. raised its position in shares of Carvana by 124.9% during the 3rd quarter. Federated Hermes Inc. now owns 265,921 shares of the company’s stock valued at $100,316,000 after acquiring an additional 147,683 shares during the last quarter. Hudson Bay Capital Management LP lifted its stake in shares of Carvana by 158.0% in the 2nd quarter. Hudson Bay Capital Management LP now owns 16,478 shares of the company’s stock valued at $5,552,000 after purchasing an additional 10,090 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Carvana by 11.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 637,462 shares of the company’s stock worth $240,476,000 after purchasing an additional 64,424 shares during the last quarter. Finally, Strs Ohio boosted its position in shares of Carvana by 89.9% in 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 during the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Analyst Ratings Changes

CVNA has been the topic of several analyst reports. Wedbush increased their target price on Carvana from $400.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, December 19th. Royal Bank Of Canada cut their price target on shares of Carvana from $500.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday. BTIG Research decreased their price objective on shares of Carvana from $535.00 to $455.00 and set a “buy” rating for the company in a report on Thursday. Zacks Research downgraded shares of Carvana from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Barclays lifted their price target on shares of Carvana from $465.00 to $530.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Nineteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Carvana currently has a consensus rating of “Moderate Buy” and a consensus price target of $457.18.

Insider Transactions at Carvana

In other Carvana news, Director Michael E. Maroone sold 30,928 shares of Carvana stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $400.34, for a total value of $12,381,715.52. Following the completion of the sale, the director owned 143,573 shares in the company, valued at $57,478,014.82. The trade was a 17.72% 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 Paul W. Breaux sold 20,000 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $438.50, for a total transaction of $8,770,000.00. Following the completion of the sale, the insider directly owned 69,289 shares of the company’s stock, valued at $30,383,226.50. This represents a 22.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 420,351 shares of company stock worth $179,589,049. 17.12% of the stock is currently owned by company insiders.

Carvana Stock Down 8.0%

Shares of CVNA stock opened at $332.67 on Friday. Carvana Co. has a 52-week low of $148.25 and a 52-week high of $486.89. The firm’s 50-day moving average is $425.42 and its 200-day moving average is $381.76. 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 stock has a market cap of $72.37 billion, a price-to-earnings ratio of 41.38 and a beta of 3.57.

Carvana (NYSE:CVNA) last released its quarterly earnings data on Wednesday, February 18th. The company reported $4.22 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $3.12. The firm had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.24 billion. Carvana had a net margin of 6.92% and a return on equity of 61.70%. The company’s revenue for the quarter was up 58.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.56 earnings per share. Sell-side analysts predict that Carvana Co. will post 2.85 EPS for the current year.

More Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q4 results materially beat expectations: Carvana reported $4.22 EPS and $5.6B revenue (up ~58% YoY), with record unit economics and management projecting stronger EBITDA in 2026 — a clear fundamental upside driver. Carvana Q4 Earnings Beat on Higher-Than-Expected Vehicle Sales
• Neutral Sentiment: Many sell‑side firms still rate CVNA as Buy/Overweight even after trimming targets — that keeps upside narratives alive, but trimmed targets reduce near‑term sentiment. Examples of target adjustments were posted this morning. JPMorgan adjusts price target on Carvana
• Negative Sentiment: Post‑earnings investor concern about profitability metrics, accounting clarity and forward visibility — analysts and traders flagged weaker margin signals and a vague 2026 outlook, which knocked sentiment despite the beat. Carvana’s Comeback Narrative Tested by Accounting Scrutiny, Profitability Metrics
• Negative Sentiment: Regulatory / legal pressure: a law firm investigation into potential securities claims was announced, adding litigation risk and near‑term uncertainty for the stock. Carvana Investors Should Contact Block & Leviton
• Negative Sentiment: Market reaction: headlines and commentary pushed CVNA sharply lower (pre‑market and after-hours weakness) as traders focused on margin/guidance ambiguity — driving very high intraday volume and volatility. Carvana Stock Drops Thursday, Deepening Its Recent Rout
• Negative Sentiment: Insider selling is extensive per filings/summaries cited by data providers — a potential signaling factor for some investors worried about management stock disposals. Carvana Co. (CVNA) Stock Falls on Q4 2025 Earnings (QuiverQuant)

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.