Caisse Des Depots ET Consignations Takes Position in Carvana Co. $CVNA

Caisse Des Depots ET Consignations purchased a new position in Carvana Co. (NYSE:CVNA) in the third quarter, HoldingsChannel reports. The fund purchased 2,110 shares of the company’s stock, valued at approximately $796,000.

Several other institutional investors have also recently added to or reduced their stakes in CVNA. SJS Investment Consulting Inc. grew its holdings in Carvana by 28.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock worth $51,000 after acquiring an additional 30 shares in the last quarter. MAI Capital Management lifted its position in shares of Carvana by 1.8% during the second quarter. MAI Capital Management now owns 1,757 shares of the company’s stock worth $592,000 after purchasing an additional 31 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Carvana by 23.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock worth $62,000 after purchasing an additional 31 shares in the last quarter. Gilder Gagnon Howe & Co. LLC increased its holdings in shares of Carvana by 1.7% in the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 1,846 shares of the company’s stock valued at $622,000 after acquiring an additional 31 shares during the last quarter. Finally, WPG Advisers LLC raised its position in shares of Carvana by 17.2% during the 3rd quarter. WPG Advisers LLC now owns 218 shares of the company’s stock valued at $82,000 after acquiring an additional 32 shares in the last quarter. 56.71% of the stock is owned by institutional investors and hedge funds.

Key Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Recent headlines note Carvana outpaced broader market gains in short-term moves, suggesting some buying interest and momentum among retail investors. Carvana outpaces stock market gains
• Neutral Sentiment: Carvana is scheduled to report earnings next week; the timing keeps focus on guidance and results but is not new news. Carvana Expected to Announce Earnings
• Neutral Sentiment: Coverage summaries and analyst roundups are running, keeping attention on consensus estimates and analyst revisions — these can sway short-term moves depending on the print. Are Wall Street analysts predicting Carvana will climb or sink?
• Negative Sentiment: Block & Leviton announced an investigation into potential securities-law claims against Carvana, which raises legal/financial risk and tends to weigh on investor sentiment. CVNA Down 7%: Carvana Investigated for Securities Fraud
• Negative Sentiment: Kirby McInerney LLP also issued an investor alert about potential claims tied to the company, amplifying regulatory and reputational concerns after a short-seller report. Kirby McInerney investigates potential claims
• Negative Sentiment: Research/preview pieces (Zacks) say Carvana may lack the setup for an earnings beat next week, which increases downside risk if results or guidance disappoint. Carvana earnings expected to grow: what to know
• Negative Sentiment: An insider (Thomas Taira) sold ~1,047 shares recently; while modest in size vs. total holdings, insider selling during a sensitive news cycle can be read negatively by the market. Insider sale by Thomas Taira

Analyst Ratings Changes

Several research firms have weighed in on CVNA. Evercore boosted their target price on shares of Carvana from $425.00 to $430.00 in a research note on Tuesday, January 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carvana in a research note on Monday, December 29th. Stephens raised their target price on shares of Carvana from $454.00 to $519.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Carvana in a research note on Tuesday, January 13th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $500.00 price target on shares of Carvana in a research report on Monday, November 17th. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Carvana presently has an average rating of “Moderate Buy” and a consensus price target of $474.27.

Insider Activity

In related news, VP Stephen R. Palmer sold 1,000 shares of Carvana stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $393.04, for a total transaction of $393,040.00. Following the sale, the vice president directly owned 37,192 shares in the company, valued at $14,617,943.68. The trade was a 2.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Benjamin E. Huston sold 10,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $411.27, for a total transaction of $4,112,700.00. Following the completion of the sale, the chief operating officer directly owned 98,652 shares of the company’s stock, valued at $40,572,608.04. The trade was a 9.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 420,351 shares of company stock worth $179,589,049 over the last ninety days. 17.12% of the stock is currently owned by company insiders.

Carvana Stock Performance

CVNA opened at $364.79 on Thursday. The company has a current ratio of 4.05, a quick ratio of 2.55 and a debt-to-equity ratio of 1.63. The business’s 50 day moving average is $436.75 and its 200-day moving average is $382.24. The stock has a market cap of $79.36 billion, a PE ratio of 83.29, a price-to-earnings-growth ratio of 0.95 and a beta of 3.57. Carvana Co. has a twelve month low of $148.25 and a twelve month high of $486.89.

Carvana Company Profile

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.