Carvana Co. $CVNA Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in Carvana Co. (NYSE:CVNA) by 5.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 547,823 shares of the company’s stock after selling 32,249 shares during the quarter. Dimensional Fund Advisors LP owned about 0.25% of Carvana worth $206,741,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CVNA. SJS Investment Consulting Inc. raised its position in shares of 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 purchasing an additional 30 shares during the period. MAI Capital Management boosted its position in Carvana by 1.8% during the 2nd quarter. MAI Capital Management now owns 1,757 shares of the company’s stock valued at $592,000 after purchasing an additional 31 shares during the period. Gilder Gagnon Howe & Co. LLC grew its stake in Carvana by 1.7% during the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 1,846 shares of the company’s stock worth $622,000 after buying an additional 31 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Carvana by 23.1% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock worth $62,000 after buying an additional 31 shares during the last quarter. Finally, WPG Advisers LLC increased its position in Carvana by 17.2% in the third quarter. WPG Advisers LLC now owns 218 shares of the company’s stock worth $82,000 after buying an additional 32 shares during the period. Institutional investors and hedge funds own 56.71% of the company’s stock.

Carvana News Summary

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Zacks says Carvana has a clear path to a 13.5% adjusted EBITDA margin over time as fixed‑cost leverage and operational efficiencies scale (Q4 dipped to 9.1%). Will Carvana’s Fixed Cost Leverage Drive Its EBITDA Margin?
• Positive Sentiment: Zacks highlights Carvana’s push toward vertical integration (in‑house reconditioning, logistics, financing) as a structural margin tailwind and notes strong customer referrals that could support market‑share gains. Will Vertical Integration Strengthen Carvana’s Prospects?
• Positive Sentiment: Wholesale used‑vehicle prices (Manheim index) rose year‑over‑year in February, which can support retail pricing and gross profit per unit as the spring selling season begins. Used vehicle prices jump ahead of spring selling season optimism
• Neutral Sentiment: Industry and analyst sentiment remains generally constructive: Carvana has a consensus rating around “Moderate Buy,” reflecting mixed analyst views on near‑term execution vs. long‑term opportunity. Carvana Receives Consensus Rating
• Negative Sentiment: Retail GPU fell in Q4 (roughly a $255 decline), and rising reconditioning and logistics costs pressured margins; management says automation/scale should help, but near‑term recovery is uncertain. Carvana’s GPU Declines in Q4: What Will Drive Improvement?
• Negative Sentiment: Several analysts have trimmed near‑term estimates and price targets (e.g., Citi cut its PT), and headlines flag a “rough start” to 2026—these revisions are weighing on sentiment and the stock. Carvana Stock Continues to Slide As Analysts Lower Price Targets
• Negative Sentiment: Zacks Research issued mixed estimate changes: small raises for some later periods but meaningful cuts to near‑term quarters (Q2 2026, Q3 2027), underscoring uncertainty over short‑term profitability.

Carvana Trading Down 4.1%

NYSE:CVNA opened at $317.69 on Friday. The stock has a market cap of $69.53 billion, a price-to-earnings ratio of 39.51 and a beta of 3.60. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.73 and a current ratio of 4.31. Carvana Co. has a 1 year low of $148.25 and a 1 year high of $486.89. The business has a fifty day moving average of $399.42 and a 200-day moving average of $380.27.

Carvana (NYSE:CVNA) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $4.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $3.12. The business had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.24 billion. Carvana had a net margin of 6.92% and a return on equity of 50.96%. The company’s revenue was up 58.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 earnings per share. Equities analysts predict that Carvana Co. will post 2.85 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Argus upgraded Carvana to a “strong-buy” rating in a research note on Tuesday, March 3rd. Wedbush dropped their price objective on shares of Carvana from $500.00 to $425.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Stephens reiterated an “overweight” rating and issued a $519.00 price objective on shares of Carvana in a research report on Thursday, February 19th. Royal Bank Of Canada reduced their target price on shares of Carvana from $500.00 to $440.00 and set an “outperform” rating for the company in a research note on Thursday, February 19th. Finally, Barclays decreased their target price on shares of Carvana from $530.00 to $450.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $440.59.

Insider Activity

In other Carvana news, COO Benjamin E. Huston sold 40,000 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $439.50, for a total transaction of $17,580,000.00. Following the sale, the chief operating officer directly owned 100,758 shares in the company, valued at approximately $44,283,141. The trade was a 28.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul W. Breaux sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $438.50, for a total transaction of $8,770,000.00. Following the completion of the sale, the insider directly owned 69,289 shares of the company’s stock, valued at approximately $30,383,226.50. This represents a 22.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 300,673 shares of company stock worth $133,268,531 in the last 90 days. 17.12% of the stock is currently owned by corporate insiders.

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.