Representative Josh Gottheimer (D-New Jersey) recently bought shares of Carvana Co. NYSE: CVNA. In a filing disclosed on July 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Carvana stock on June 20th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/26/2025.
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/25/2025.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/25/2025.
- Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 6/24/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 6/24/2025.
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/24/2025.
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/20/2025.
- Purchased $1,001 - $15,000 in shares of Cloudflare NYSE: NET on 6/20/2025.
- Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 6/20/2025.
- Purchased $1,001 - $15,000 in shares of Insmed NASDAQ: INSM on 6/16/2025.
Carvana Stock Up 1.7%
Shares of CVNA traded up $5.58 during midday trading on Friday, reaching $331.67. 2,065,059 shares of the stock were exchanged, compared to its average volume of 2,795,500. Carvana Co. has a 52 week low of $118.50 and a 52 week high of $364.00. The company has a current ratio of 3.81, a quick ratio of 2.70 and a debt-to-equity ratio of 2.97. The company's 50 day moving average is $328.40 and its two-hundred day moving average is $262.44. The company has a market capitalization of $71.02 billion, a P/E ratio of 116.38, a PEG ratio of 1.28 and a beta of 3.59.
Carvana (NYSE:CVNA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.76. The firm had revenue of $4.23 billion during the quarter, compared to analysts' expectations of $3.94 billion. Carvana had a return on equity of 44.86% and a net margin of 2.68%. The firm's quarterly revenue was up 38.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 EPS. On average, sell-side analysts anticipate that Carvana Co. will post 2.85 earnings per share for the current year.
Institutional Trading of Carvana
Several institutional investors and hedge funds have recently made changes to their positions in the company. Hilltop National Bank purchased a new stake in Carvana during the 2nd quarter valued at approximately $25,000. Brooklyn Investment Group raised its stake in shares of Carvana by 961.5% during the 1st quarter. Brooklyn Investment Group now owns 138 shares of the company's stock worth $29,000 after buying an additional 125 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Carvana during the 1st quarter worth approximately $33,000. SJS Investment Consulting Inc. raised its stake in shares of Carvana by 960.0% during the 2nd quarter. SJS Investment Consulting Inc. now owns 106 shares of the company's stock worth $36,000 after buying an additional 96 shares in the last quarter. Finally, LRI Investments LLC purchased a new position in shares of Carvana during the 2nd quarter worth approximately $42,000. 56.71% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on CVNA. Morgan Stanley increased their price objective on Carvana from $280.00 to $290.00 and gave the company an "overweight" rating in a report on Thursday, May 15th. Evercore ISI increased their price objective on Carvana from $295.00 to $305.00 and gave the company an "in-line" rating in a report on Tuesday, June 24th. Stephens increased their price objective on Carvana from $300.00 to $375.00 and gave the company an "overweight" rating in a report on Monday, July 7th. Piper Sandler set a $340.00 target price on Carvana and gave the stock an "overweight" rating in a report on Thursday, May 22nd. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $340.00 target price on shares of Carvana in a report on Thursday, May 8th. Seven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $318.16.
Read Our Latest Report on CVNA
Insider Transactions at Carvana
In related news, major shareholder Ernest C. Garcia II sold 100,000 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $346.99, for a total value of $34,699,000.00. Following the completion of the transaction, the insider directly owned 37,092,317 shares of the company's stock, valued at $12,870,663,075.83. This trade represents a 0.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Mark W. Jenkins sold 51,380 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $326.03, for a total value of $16,751,421.40. Following the completion of the transaction, the chief financial officer directly owned 162,079 shares of the company's stock, valued at $52,842,616.37. The trade was a 24.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 2,171,515 shares of company stock valued at $719,730,548. Corporate insiders own 17.12% of the company's stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Carvana
(
Get Free Report)
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.
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