Carvana Co. (NYSE:CVNA – Get Free Report) insider Paul W. Breaux sold 14,548 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $198.00, for a total transaction of $2,880,504.00. Following the completion of the sale, the insider now owns 119,494 shares in the company, valued at $23,659,812. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Carvana Trading Up 1.4 %
Shares of NYSE:CVNA traded up $2.85 on Thursday, hitting $200.19. The company had a trading volume of 2,932,898 shares, compared to its average volume of 4,815,938. The firm’s 50-day simple moving average is $166.07 and its two-hundred day simple moving average is $131.53. Carvana Co. has a 1 year low of $25.09 and a 1 year high of $203.24. The company has a quick ratio of 2.02, a current ratio of 3.11 and a debt-to-equity ratio of 47.20. The firm has a market capitalization of $40.55 billion, a price-to-earnings ratio of 87.80 and a beta of 3.44.
Carvana (NYSE:CVNA – Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.14 EPS for the quarter. The company had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.23 billion. Equities analysts anticipate that Carvana Co. will post 0.29 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
CVNA has been the topic of a number of research analyst reports. Jefferies Financial Group increased their price target on shares of Carvana from $150.00 to $185.00 and gave the stock a “hold” rating in a report on Tuesday. Stephens initiated coverage on shares of Carvana in a report on Thursday, September 12th. They set an “overweight” rating and a $190.00 target price on the stock. TD Cowen increased their target price on shares of Carvana from $110.00 to $148.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Company increased their target price on shares of Carvana from $175.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Piper Sandler increased their target price on shares of Carvana from $105.00 to $151.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $182.29.
View Our Latest Report on CVNA
About Carvana
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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