Carvana (NYSE:CVNA) COO Sells $3,849,600.00 in Stock

Key Points

• COO Benjamin Huston sold 10,000 Carvana shares at an average of $384.96 for a total of $3,849,600, reducing his stake by 8.62% to 105,962 shares; the trade was executed under a pre‑arranged Rule 10b5‑1 plan and disclosed in an SEC filing.
• Strong Q1 results: Carvana reported EPS of $1.69 (vs. $1.58 expected) and revenue of $6.43 billion (vs. $6.12 billion), prompting multiple analyst price‑target upgrades and a consensus "Moderate Buy" rating.
• The stock traded down about 3.3% to $382.57 on heavy volume despite the beat, and a **5‑for‑1 stock split** is scheduled to take effect after the market closes on May 6 (shares split on May 7).

Carvana Co. (NYSE:CVNA - Get Free Report) COO Benjamin Huston sold 10,000 shares of the firm's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $384.96, for a total value of $3,849,600.00. Following the sale, the chief operating officer directly owned 105,962 shares of the company's stock, valued at approximately $40,791,131.52. This trade represents a 8.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Carvana Trading Down 3.3%

Shares of NYSE CVNA traded down $13.23 during trading on Friday, reaching $382.57. The stock had a trading volume of 4,359,806 shares, compared to its average volume of 2,602,332. Carvana Co. has a fifty-two week low of $250.89 and a fifty-two week high of $486.89. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.73 and a current ratio of 4.09. The business's 50-day moving average price is $336.94 and its 200-day moving average price is $371.95. The company has a market cap of $83.73 billion, a P/E ratio of 46.54 and a beta of 3.55.

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

Carvana (NYSE:CVNA - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $1.69 earnings per share for the quarter, beating analysts' consensus estimates of $1.58 by $0.11. Carvana had a return on equity of 41.46% and a net margin of 6.40%.The business had revenue of $6.43 billion during the quarter, compared to analysts' expectations of $6.12 billion. On average, equities research analysts predict that Carvana Co. will post 6.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CVNA. Ascentis Independent Advisors purchased a new position in shares of Carvana during the 1st quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Carvana in the 4th quarter valued at $29,000. Farmers & Merchants Investments Inc. acquired a new stake in Carvana in the 4th quarter valued at $29,000. ORG Partners LLC increased its holdings in Carvana by 8,700.0% in the 3rd quarter. ORG Partners LLC now owns 88 shares of the company's stock valued at $33,000 after purchasing an additional 87 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in Carvana in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 56.71% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on CVNA. DA Davidson lifted their price objective on Carvana from $320.00 to $335.00 and gave the company a "neutral" rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $537.00 target price on shares of Carvana in a report on Thursday. BTIG Research upped their price objective on Carvana from $455.00 to $485.00 and gave the company a "buy" rating in a research note on Thursday. Gordon Haskett boosted their target price on Carvana from $335.00 to $425.00 and gave the stock a "hold" rating in a research report on Thursday. Finally, Jefferies Financial Group lowered their price target on Carvana from $485.00 to $475.00 and set a "buy" rating on the stock in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Carvana presently has an average rating of "Moderate Buy" and a consensus target price of $466.13.

Carvana News Roundup

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q1 results: Carvana reported record retail unit sales, revenue and profit (EPS and revenue beat consensus), driving confidence in growth and profitability execution. Carvana Announces Record First Quarter 2026
• Positive Sentiment: Broad analyst upgrades: Multiple firms raised price targets and ratings after the quarter (Needham to $600, Morgan Stanley to $510, JPMorgan to $465, Wells Fargo to $475, BTIG to $485, etc.), signaling strong buy-side conviction on upside from current levels. Wall Street Showers Carvana With Price Target Hikes
• Positive Sentiment: Industry demand tailwinds: Management and coverage note inflation-driven used-car demand and capacity expansion (reconditioning and capex) that support faster unit growth and longer-term scaling. Carvana Sets Records as Inflation Drives Used Car Demand
• Neutral Sentiment: Valuation focus: Recent rally (roughly a 1‑month surge) has drawn attention to Carvana’s premium P/E and elevated multiples, prompting some investors to reassess upside relative to valuation. Assessing Carvana Valuation After Recent Share Price Strength
• Negative Sentiment: Contrasting analyst signal: DA Davidson raised its target to $335 but kept a "neutral" rating — that target implies downside versus recent levels and injects caution into the upgrade momentum. DA Davidson Price Target Note
• Negative Sentiment: Profit vs. margin trade-off: Despite record profit, management flagged lower per‑unit margins and higher operating costs, which could cap near‑term margin expansion and leave some investors taking profits. Q1 Earnings Call Highlights
• Negative Sentiment: Immediate market reaction: The stock trimmed gains after the print — some traders sold into the headline beat, producing a short-term pullback despite fundamentally positive results. Stock Reaction After Earnings

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.

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