Key Points
- Insider Thomas Taira sold 1,047 shares on Feb. 9 at an average price of $398.54 for $417,271, trimming his stake to 66,625 shares (a 1.55% decrease) — part of a recent string of large sales including Dec. 8 (30,952) and Dec. 12 (10,000) transactions.
- Carvana faces heightened legal and reputational risk after a short‑seller report and related probes, including investigations by Block & Leviton and Kirby McInerney, and recent coverage flagged $1B in alleged accounting issues that pressured the stock.
- Despite the scrutiny, Wall Street consensus is a Moderate Buy (19 Buys, 6 Holds) with a $474.27 average price target, while the shares remain volatile (52‑week range $148.25–$486.89, beta 3.57).
Carvana Co. (NYSE:CVNA - Get Free Report) insider Thomas Taira sold 1,047 shares of the business's stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $398.54, for a total value of $417,271.38. Following the completion of the sale, the insider owned 66,625 shares of the company's stock, valued at approximately $26,552,727.50. This represents a 1.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Thomas Taira also recently made the following trade(s):
- On Thursday, January 8th, Thomas Taira sold 1,174 shares of Carvana stock. The stock was sold at an average price of $447.00, for a total transaction of $524,778.00.
- On Friday, December 12th, Thomas Taira sold 10,000 shares of Carvana stock. The shares were sold at an average price of $475.00, for a total transaction of $4,750,000.00.
- On Monday, December 8th, Thomas Taira sold 30,952 shares of Carvana stock. The stock was sold at an average price of $435.96, for a total transaction of $13,493,833.92.
- On Wednesday, December 3rd, Thomas Taira sold 25,000 shares of Carvana stock. The stock was sold at an average price of $400.00, for a total transaction of $10,000,000.00.
- On Friday, November 28th, Thomas Taira sold 10,000 shares of Carvana stock. The shares were sold at an average price of $375.01, for a total transaction of $3,750,100.00.
Carvana Price Performance
Shares of CVNA opened at $364.79 on Thursday. Carvana Co. has a fifty-two week low of $148.25 and a fifty-two week high of $486.89. The company has a market capitalization of $79.36 billion, a price-to-earnings ratio of 83.29, a price-to-earnings-growth ratio of 0.95 and a beta of 3.57. The firm has a 50-day simple moving average of $436.75 and a 200-day simple moving average of $382.24. 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 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
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on CVNA. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Carvana in a research report on Tuesday, January 13th. Wall Street Zen cut shares of Carvana from a "buy" rating to a "hold" rating in a research note on Sunday, October 19th. DA Davidson set a $360.00 price target on shares of Carvana in a research note on Thursday, October 30th. Argus started coverage on shares of Carvana in a research report on Monday, December 15th. They issued a "buy" rating and a $500.00 price objective for the company. Finally, Jefferies Financial Group lifted their price objective on Carvana from $475.00 to $550.00 and gave the company a "buy" rating in a report on Thursday, December 11th. Nineteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Carvana currently has a consensus rating of "Moderate Buy" and a consensus price target of $474.27.
Read Our Latest Research Report on CVNA
Institutional Trading of Carvana
A number of institutional investors have recently added to or reduced their stakes in the stock. IFM Investors Pty Ltd boosted its stake in shares of Carvana by 7.6% during the 4th quarter. IFM Investors Pty Ltd now owns 25,518 shares of the company's stock worth $10,769,000 after acquiring an additional 1,803 shares in the last quarter. Picton Mahoney Asset Management boosted its stake in shares of Carvana by 43.2% during the fourth quarter. Picton Mahoney Asset Management now owns 23,616 shares of the company's stock valued at $9,966,000 after acquiring an additional 7,125 shares during the last quarter. Meeder Asset Management Inc. increased its position in Carvana by 8,864.4% during the 4th quarter. Meeder Asset Management Inc. now owns 5,289 shares of the company's stock worth $2,232,000 after purchasing an additional 5,230 shares in the last quarter. Empowered Funds LLC lifted its holdings in Carvana by 42.6% in the 4th quarter. Empowered Funds LLC now owns 6,076 shares of the company's stock valued at $2,564,000 after purchasing an additional 1,816 shares in the last quarter. Finally, Meeder Advisory Services Inc. grew its holdings in shares of Carvana by 18.2% during the fourth quarter. Meeder Advisory Services Inc. now owns 1,918 shares of the company's stock worth $809,000 after buying an additional 295 shares in the last quarter. Hedge funds and other institutional investors own 56.71% of the company's stock.
Carvana Company Profile
(
Get Free Report)
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.
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