2 weeks Ago By Defense World Staff
Carvana Co. ( NYSE:CVNA – Get Free Report ) major shareholder Ernest C. Garcia II sold 100,000 shares of Carvana stock in a transaction dated Monday, September 30th.
The stock was sold at an average price of $171.68, for a total transaction of $17,168,000.00.
Following the completion of the sale, the insider now owns 39,258,131 shares of the company’s stock, valued at approximately $6,739,835,930.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link .
Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC. Ernest C. Garcia II also recently made the following trade(s): On Friday, September 27th, Ernest C.
Garcia II sold 100,000 shares of Carvana stock. The stock was sold at an average price of $169.88, for a total transaction of $16,988,000.
00. On Wednesday, September 25th, Ernest C. Garcia II sold 100,000 shares of Carvana stock.
The stock was sold at an average price of $170.51, for a total transaction of $17,051,000.00.
On Monday, September 23rd, Ernest C. Garcia II sold 100,000 shares of Carvana stock. The shares were sold at an average price of $172.
66, for a total value of $17,266,000.00. On Thursday, September 19th, Ernest C.
Garcia II sold 100,000 shares of Carvana stock. The stock was sold at an average price of $168.46, for a total transaction of $16,846,000.
00. On Tuesday, September 17th, Ernest C. Garcia II sold 100,000 shares of Carvana stock.
The stock was sold at an average price of $155.00, for a total value of $15,500,000.00.
On Monday, September 9th, Ernest C. Garcia II sold 75,000 shares of Carvana stock. The shares were sold at an average price of $135.
73, for a total transaction of $10,179,750.00. On Thursday, September 5th, Ernest C.
Garcia II sold 75,000 shares of Carvana stock. The stock was sold at an average price of $141.72, for a total value of $10,629,000.
00. On Friday, August 30th, Ernest C. Garcia II sold 100,000 shares of Carvana stock.
The stock was sold at an average price of $149.16, for a total value of $14,916,000.00.
On Wednesday, August 28th, Ernest C. Garcia II sold 100,000 shares of Carvana stock. The stock was sold at an average price of $155.
69, for a total value of $15,569,000.00. On Monday, August 26th, Ernest C.
Garcia II sold 9,186 shares of Carvana stock. The stock was sold at an average price of $156.95, for a total value of $1,441,742.
70. Carvana Stock Performance CVNA stock traded up $1.63 during trading on Tuesday, hitting $175.
74. The company had a trading volume of 3,495,103 shares, compared to its average volume of 5,035,189. The firm has a market cap of $35.
60 billion, a PE ratio of 76.39 and a beta of 3.43.
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 50-day moving average price of $147.59 and a 200-day moving average price of $119.
53. Carvana Co. has a 1-year low of $25.
09 and a 1-year high of $178.40. Analyst Upgrades and Downgrades A number of equities research analysts have recently commented on the company.
DA Davidson increased their target price on Carvana from $110.00 to $155.00 and gave the stock a “neutral” rating in a research note on Thursday, August 1st.
Bank of America reaffirmed a “buy” rating and set a $185.00 price target on shares of Carvana in a research report on Tuesday, September 17th. Evercore ISI reissued an “in-line” rating and set a $178.
00 price target on shares of Carvana in a report on Thursday, September 26th. JMP Securities restated a “market outperform” rating and set a $200.00 price objective on shares of Carvana in a research report on Monday, September 9th.
Finally, Needham & Company LLC boosted their price target on Carvana from $160.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.
One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Carvana has a consensus rating of “Hold” and a consensus target price of $155.
12. Check Out Our Latest Stock Report on Carvana Institutional Investors Weigh In On Carvana Several institutional investors have recently modified their holdings of the company. Ridgewood Investments LLC purchased a new position in Carvana in the 2nd quarter valued at about $32,000.
Parallel Advisors LLC raised its position in Carvana by 39.0% in the fourth quarter. Parallel Advisors LLC now owns 692 shares of the company’s stock valued at $37,000 after purchasing an additional 194 shares during the period.
Summit Securities Group LLC increased its stake in Carvana by 110.0% during the 2nd quarter. Summit Securities Group LLC now owns 300 shares of the company’s stock worth $39,000 after buying an additional 3,300 shares during the period.
Fifth Third Bancorp boosted its holdings in Carvana by 450.8% in the second quarter. Fifth Third Bancorp now owns 336 shares of the company’s stock valued at $43,000 after purchasing an additional 275 shares during the last quarter.
Finally, Benjamin F. Edwards & Company Inc. bought a new position in Carvana during the 2nd quarter valued at $51,000.
Hedge funds and other institutional investors own 56.71% of the company’s stock. Carvana Company Profile ( 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. Read More Five stocks we like better than Carvana 3 Ways To Invest In Coffee, Other Than Drinking It Why Lennar Stock Could Be the Best Play in the Housing Market Market Cap Calculator: How to Calculate Market Cap 2 Energy Stocks Fueling the AI Datacenter Boom Stock Market Upgrades: What Are They? Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech? Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter .
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