Carvana Co. $CVNA Shares Sold by Senator Investment Group LP

Posted by Geri Gentry on Jun 16th, 2026

Senator Investment Group LP cut its stake in shares of Carvana Co. (NYSE:CVNA – Free Report) by 10.7% in the fourth quarter, Holdings Channel reports. The firm owned 259,932 shares of the company’s stock after selling 30,998 shares during the quarter. Carvana accounts for approximately 4.4% of Senator Investment Group LP’s holdings, making the stock its 4th biggest holding. Senator Investment Group LP’s holdings in Carvana were worth $109,697,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Carvana by 24.7% during the fourth quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock worth $7,082,804,000 after purchasing an additional 3,328,115 shares during the period. State Street Corp grew its stake in shares of Carvana by 93.7% during the fourth quarter. State Street Corp now owns 5,714,779 shares of the company’s stock worth $2,411,751,000 after purchasing an additional 2,764,759 shares during the period. Capital Research Global Investors grew its stake in shares of Carvana by 42.9% during the fourth quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock worth $2,405,959,000 after purchasing an additional 1,711,144 shares during the period. Geode Capital Management LLC grew its stake in shares of Carvana by 55.4% during the fourth quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock worth $1,632,763,000 after purchasing an additional 1,382,852 shares during the period. Finally, Sands Capital Management LLC grew its stake in shares of Carvana by 44.4% during the fourth quarter. Sands Capital Management LLC now owns 2,442,534 shares of the company’s stock worth $1,030,798,000 after purchasing an additional 751,019 shares during the period. 56.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Carvana

In related news, Director J Danforth Quayle sold 14,525 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $70.00, for a total transaction of $1,016,750.00. Following the sale, the director owned 214,960 shares in the company, valued at approximately $15,047,200. This represents a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark W. Jenkins sold 63,750 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $70.40, for a total value of $4,488,000.00. Following the sale, the chief financial officer owned 1,036,594 shares in the company, valued at $72,976,217.60. The trade was a 5.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 400,812 shares of company stock valued at $28,039,446 in the last ninety days. Insiders own 15.19% of the company’s stock.

Wall Street Analyst Weigh In

CVNA has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $107.40 price objective on shares of Carvana in a research note on Thursday, April 30th. Weiss Ratings lowered Carvana from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 24th. Morgan Stanley lifted their target price on Carvana from $90.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. William Blair reiterated an “outperform” rating on shares of Carvana in a report on Friday, March 13th. Finally, Robert W. Baird set a $88.00 target price on Carvana in a report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $93.14.

Read Our Latest Report on Carvana

Carvana Stock Performance

CVNA opened at $68.81 on Tuesday. Carvana Co. has a 52-week low of $54.46 and a 52-week high of $97.38. The firm has a market capitalization of $75.48 billion, a PE ratio of 41.86, a PEG ratio of 10.82 and a beta of 3.45. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.57 and a current ratio of 4.09. The business’s 50-day simple moving average is $71.33 and its 200 day simple moving average is $75.25.

Carvana (NYSE:CVNA – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $1.37. Carvana had a return on equity of 41.46% and a net margin of 6.40%.The business had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.12 billion. As a group, sell-side analysts expect that Carvana Co. will post 1.58 earnings per share for the current fiscal year.

Carvana Profile

(Free Report)

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.