Benjamin Huston Sells 10,000 Shares of Carvana (NYSE:CVNA) Stock

Carvana Co. (NYSE:CVNA) COO Benjamin Huston sold 10,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $411.27, for a total value of $4,112,700.00. Following the sale, the chief operating officer directly owned 98,652 shares of the company’s stock, valued at approximately $40,572,608.04. This represents a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Carvana Stock Down 4.4%

Shares of Carvana stock opened at $392.23 on Thursday. Carvana Co. has a 12-month low of $148.25 and a 12-month high of $486.89. The firm has a market capitalization of $85.33 billion, a PE ratio of 89.55, a price-to-earnings-growth ratio of 1.00 and a beta of 3.57. The company has a quick ratio of 2.55, a current ratio of 4.05 and a debt-to-equity ratio of 1.63. The stock’s fifty day moving average is $435.35 and its 200-day moving average is $380.34.

Key Carvana News

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.

Hedge Funds Weigh In On Carvana

Several institutional investors and hedge funds have recently modified their holdings of CVNA. Los Angeles Capital Management LLC raised its position in shares of 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 purchasing an additional 105,768 shares during the period. Federated Hermes Inc. grew its stake in Carvana by 124.9% in the 3rd quarter. Federated Hermes Inc. now owns 265,921 shares of the company’s stock valued at $100,316,000 after buying an additional 147,683 shares during the last quarter. Hudson Bay Capital Management LP raised its holdings in Carvana by 158.0% in the 2nd quarter. Hudson Bay Capital Management LP now owns 16,478 shares of the company’s stock worth $5,552,000 after acquiring an additional 10,090 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in 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 acquiring an additional 64,424 shares during the period. Finally, Strs Ohio lifted its position in 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 acquiring an additional 17,878 shares during the last quarter. 56.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on CVNA. Bank of America lifted their target price on shares of Carvana from $455.00 to $515.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Morgan Stanley reaffirmed an “overweight” rating on shares of Carvana in a research note on Thursday, January 8th. Stephens boosted their target price on shares of Carvana from $454.00 to $519.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Jefferies Financial Group increased their target price on Carvana from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, Argus started coverage on Carvana in a research report on Monday, December 15th. They issued a “buy” rating and a $500.00 target price for the company. Nineteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $474.27.

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.