Stephen Palmer Sells 1,000 Shares of Carvana (NYSE:CVNA) Stock

Carvana Co. (NYSE:CVNA - Get Free Report) VP Stephen Palmer sold 1,000 shares of the business's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $317.50, for a total transaction of $317,500.00. Following the sale, the vice president directly owned 33,891 shares of the company's stock, valued at $10,760,392.50. This represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Carvana Trading Up 0.0%

• Carvana's 5-for-1 Split: Green Light for a New Growth Era

NYSE CVNA opened at $313.99 on Friday. The stock has a market cap of $68.72 billion, a PE ratio of 39.05 and a beta of 3.61. Carvana Co. has a 12 month low of $148.25 and a 12 month high of $486.89. The company's 50-day moving average price is $342.93 and its 200-day moving average price is $371.91. The company has a current ratio of 4.31, a quick ratio of 2.73 and a debt-to-equity ratio of 1.15.

Carvana's stock is going to split on the morning of Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly created shares will be payable to shareholders after the market closes on Wednesday, May 6th.

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• Revisiting Hertz’s Amazon Partnership 5 Months Later: The Good, the Bad, the Risk

Carvana (NYSE:CVNA - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The company reported $4.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $3.12. The company 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 50.96%. The firm's quarterly revenue was up 58.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.56 EPS. Equities research analysts forecast that Carvana Co. will post 2.85 earnings per share for the current year.

Key Headlines Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Analysts and reporters are refocusing on Carvana after signs that growth is outpacing expectations, improving investor sentiment and activist pressure around governance (split CEO/chair roles) — this narrative supports a higher valuation if momentum persists. Carvana (CVNA) Valuation In Focus As Growth Outpaces Expectations And Investor Sentiment Improves
• Neutral Sentiment: Management scheduled the Q1 2026 earnings release and conference call for April 29 — a key near-term catalyst that could move the stock depending on unit trends, margins and guidance. Carvana to Report First Quarter 2026 Results and Host Quarterly Conference Call on April 29
• Neutral Sentiment: Broader analyst articles (Zacks) mention retail/wholesale stocks that could beat earnings; these pieces can raise attention but don’t contain Carvana-specific forecasts. These 2 Retail and Wholesale Stocks Could Beat Earnings
• Neutral Sentiment: Other media mentions (The Motley Fool, AmericanBankingNews) reference market positioning and peer comparisons; useful for context but less likely to move CVNA by itself. 3 Monster Stocks to Hold for the Next 10 Years Contrasting Hour Loop & Carvana
• Negative Sentiment: Senior insiders disclosed sizable share sales on April 1: COO Benjamin Huston sold 10,000 shares, CFO Mark Jenkins sold 12,750 shares, and VP Stephen Palmer sold 1,000 shares — these reductions (around 2.9%–9.7% of individual holdings) may weigh on sentiment despite no indication of company distress. SEC filings: Huston Form 4 Jenkins Form 4 Palmer Form 4

Analyst Upgrades and Downgrades

• Carvana Drops 14% After $1B Accounting Allegations

Several research analysts recently issued reports on CVNA shares. Argus raised Carvana to a "strong-buy" rating in a research note on Tuesday, March 3rd. DA Davidson decreased their target price on Carvana from $470.00 to $320.00 and set a "neutral" rating for the company in a research report on Thursday, February 19th. Jefferies Financial Group lowered their target price on Carvana from $550.00 to $485.00 and set a "buy" rating for the company in a report on Monday, February 23rd. Evercore cut their price target on Carvana from $430.00 to $390.00 in a research note on Thursday, February 19th. Finally, JPMorgan Chase & Co. cut their price target on Carvana from $510.00 to $490.00 and set an "overweight" rating on the stock in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $440.59.

Check Out Our Latest Analysis on Carvana

Hedge Funds Weigh In On Carvana

A number of large investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Carvana by 40.8% during the first quarter. Royal Bank of Canada now owns 29,867 shares of the company's stock worth $6,243,000 after buying an additional 8,654 shares during the period. Geneos Wealth Management Inc. increased its holdings 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 acquiring an additional 181 shares during the period. Choreo LLC increased its holdings in shares of Carvana by 17.8% in the 2nd quarter. Choreo LLC now owns 1,218 shares of the company's stock valued at $410,000 after acquiring an additional 184 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Carvana by 18.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,447 shares of the company's stock worth $488,000 after acquiring an additional 224 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in shares of Carvana by 41.5% during the 2nd quarter. Mackenzie Financial Corp now owns 10,045 shares of the company's stock worth $3,385,000 after purchasing an additional 2,946 shares during the last quarter. 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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