<div id="readability-page-1"><p>Carvana Co. (NYSE:CVNA - Get Free Report) CEO Ernest C. Garcia III sold 3,086 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $324.54, for a total transaction of $1,001,530.44. Following the transaction, the chief executive officer now directly owns 795,000 shares of the company's stock, valued at approximately $258,009,300. This trade represents a 0.39% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink.</p><h2>Carvana Price Performance</h2><ul><li>Carvana’s Stock Price Rebound Shifts Into a Higher Gear</li></ul><p>Shares of CVNA traded up $7.26 during mid-day trading on Friday, reaching $326.91. 4,458,631 shares of the company's stock were exchanged, compared to its average volume of 3,957,444. The company has a market cap of $70.01 billion, a price-to-earnings ratio of 208.22 and a beta of 3.61. The company has a quick ratio of 2.12, a current ratio of 3.64 and a debt-to-equity ratio of 3.82. Carvana Co. has a 52-week low of $97.55 and a 52-week high of $327.64. The company has a 50-day simple moving average of $245.17 and a two-hundred day simple moving average of $235.17. </p><p>Carvana (NYSE:CVNA - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.76. The firm had revenue of $4.23 billion for the quarter, compared to analyst estimates of $3.94 billion. Carvana had a net margin of 1.54% and a return on equity of 36.59%. Carvana's quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.23 earnings per share.  On average, sell-side analysts predict that  Carvana Co. will post 2.85 EPS for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Carvana: Can Turnaround Strength Outdrive Market Headwinds?</li></ul><p>CVNA has been the subject of several analyst reports. Evercore ISI lowered their price target on shares of Carvana from $250.00 to $240.00 and set an &#34;in-line&#34; rating for the company in a report on Tuesday, March 11th. Bank of America raised their target price on shares of Carvana from $290.00 to $295.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, May 8th. Stephens  reaffirmed an &#34;overweight&#34; rating and set a $300.00 price target on shares of Carvana in a report on Monday, March 3rd. Needham &amp; Company LLC  reiterated a &#34;buy&#34; rating and set a $340.00 target price on shares of Carvana in a research note on Thursday, May 8th. Finally, Royal Bank of Canada upped their price target on shares of Carvana from $320.00 to $340.00 and gave the company an &#34;outperform&#34; rating in a report on Thursday, May 8th. Six analysts have rated the stock with a hold rating and twelve have assigned  a buy rating to the stock. Based on data from MarketBeat, Carvana presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $275.65.</p><p><b>Get Our Latest Stock Analysis on CVNA</b></p><h2>Institutional Trading of Carvana</h2><ul><li>CarMax and Carvana: Steering the Used Car Market</li></ul><p>Institutional investors have recently made changes to their positions in the business. Quent Capital LLC bought a new stake in shares of  Carvana during the fourth quarter worth approximately $28,000.  Brooklyn Investment Group increased its position in  Carvana by 961.5% during the first quarter. Brooklyn Investment Group now owns 138 shares of the company's stock worth $29,000 after acquiring an additional 125 shares during the period.  Global Retirement Partners LLC boosted its stake in shares of  Carvana by 109.9% in the 4th quarter. Global Retirement Partners LLC now owns 149 shares of the company's stock valued at $30,000 after purchasing an additional 78 shares in the last quarter.  Rialto Wealth Management LLC acquired a new stake in  Carvana during the 4th quarter worth approximately $31,000.  Finally, N.E.W. Advisory Services LLC bought a new position in  Carvana during the 1st quarter worth approximately $33,000. 56.71% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Carvana Company Profile</h2> (Get Free Report)<p>Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Carvana</li><li>Trading Stocks: RSI and Why it's Useful</li><li>Nike’s Amazon Expansion Could Signal a Turnaround in 2025</li><li>Using the MarketBeat Dividend Yield Calculator</li><li>Intel’s Turnaround May Be the Best Bet No One’s Watching</li><li>Investing in Construction Stocks</li><li>3 Defense Stocks That Will Profit From a Golden Dome</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNWTkE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNWTkE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Carvana Right Now?</h2><p>Before you consider Carvana, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carvana wasn't on the list.</p><p>While Carvana currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CVNA

<p>Carvana Co. CEO Ernest C. Garcia III sold 3,086 shares at $324.54 each, totaling $1,001,530.44, reducing his ownership by 0.39% to 795,000 shares valued at $258 million. The sale was disclosed to the SEC. Carvana's stock price rose to $326.91, with a market cap of $70.01 billion. Analysts have mixed ratings, with a consensus of "Moderate Buy" and an average target price of $275.65. Institutional investors hold 56.71% of the stock, reflecting recent changes in their positions.</p>

Insider Selling: Carvana Co. (NYSE:CVNA) CEO Sells 3,086 Shares of Stock