Avala Global LP Acquires 22,400 Shares of Carvana Co. $CVNA

Posted by Brenda Bartman on Jun 18th, 2026

Avala Global LP grew its holdings in Carvana Co. (NYSE:CVNA – Free Report) by 11.7% in the fourth quarter, Holdings Channel reports. The firm owned 214,136 shares of the company’s stock after buying an additional 22,400 shares during the quarter. Carvana accounts for about 4.3% of Avala Global LP’s portfolio, making the stock its 11th biggest position. Avala Global LP’s holdings in Carvana were worth $90,370,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CVNA. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Carvana in the 4th quarter worth $29,000. Farmers & Merchants Investments Inc. bought a new stake in shares of Carvana in the 4th quarter worth $29,000. Motiv8 Investments LLC bought a new stake in shares of Carvana in the 4th quarter worth $33,000. Salomon & Ludwin LLC increased its holdings in shares of Carvana by 112.5% in the 4th quarter. Salomon & Ludwin LLC now owns 85 shares of the company’s stock worth $37,000 after purchasing an additional 45 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Carvana in the 2nd quarter worth $38,000. Institutional investors own 56.71% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Argus dropped their price target on Carvana from $500.00 to $100.00 in a research note on Monday, May 11th. Robert W. Baird set a $88.00 price target on Carvana in a research note on Friday, May 15th. Weiss Ratings downgraded Carvana from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, March 24th. JPMorgan Chase & Co. raised their price target on Carvana from $91.00 to $93.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Gordon Haskett raised their price target on Carvana from $67.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Carvana currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.14.

Check Out Our Latest Report on CVNA

Carvana Stock Performance

CVNA stock opened at $62.82 on Thursday. The company has a market cap of $68.91 billion, a P/E ratio of 38.21, a price-to-earnings-growth ratio of 11.82 and a beta of 3.45. The company has a debt-to-equity ratio of 1.05, a current ratio of 4.09 and a quick ratio of 2.57. The stock’s fifty day moving average price is $71.47 and its 200-day moving average price is $75.19. Carvana Co. has a 1 year low of $54.46 and a 1 year high of $97.38.

Carvana (NYSE:CVNA – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $0.32 by $1.37. The company had revenue of $6.43 billion for the quarter, compared to the consensus estimate of $6.12 billion. Carvana had a return on equity of 41.46% and a net margin of 6.40%. On average, equities analysts forecast that Carvana Co. will post 1.58 earnings per share for the current year.

Trending Headlines about Carvana

Here are the key news stories impacting Carvana this week:

Positive Sentiment: Carvana is expanding into new vehicle sales, with seven new-vehicle franchises already acquired; investors may view this as a meaningful growth opportunity that broadens the company’s addressable market. Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
Positive Sentiment: Analyst commentary remains constructive, with price targets implying notable upside and recent estimate revisions suggesting Wall Street still sees earnings growth potential for CVNA. Can Carvana (CVNA) Climb 37.01% to Reach the Level Wall Street Analysts Expect?
Positive Sentiment: Several bullish articles argue Carvana’s turnaround is still intact, citing strong revenue growth, expanding margins, and operational efficiencies that could support further upside. Carvana: 40% Growth, Expanding Margins, And More Upside Ahead
Neutral Sentiment: A director sold 15,000 shares, but the transaction was relatively modest versus the insider’s remaining stake and does not clearly indicate a major change in fundamentals. SEC Form 4 filing for Ira J. Platt
Negative Sentiment: CarMax’s earnings report and commentary on continued low margins are weighing on sentiment for Carvana, since investors are extrapolating sector-wide pressure onto CVNA. Carvana Stock Falls As CarMax Warns Of Persistent Low Margins
Negative Sentiment: Some commentary warns that the used-car market is softening and that credit-related risks could hurt margins and financing performance, which is fueling selling pressure in CVNA. CarMax Drops 7% Despite Earnings Beat, Carvana Tumbles 8% on Used-Car Margin, Credit Fears
Negative Sentiment: Recent articles have also taken a skeptical view of Carvana’s turnaround story, arguing there may be hidden risks behind the bullish narrative. Carvana: The Turnaround Story Has A Hidden Trap

Insider Activity at Carvana

In related news, COO Benjamin E. Huston sold 50,000 shares of Carvana stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $61.97, for a total transaction of $3,098,600.00. Following the transaction, the chief operating officer directly owned 464,620 shares in the company, valued at approximately $28,793,430.64. The trade was a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director J Danforth Quayle sold 14,525 shares of Carvana stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $70.00, for a total value of $1,016,750.00. Following the transaction, the director owned 214,960 shares in the company, valued at $15,047,200. This trade represents a 6.33% decrease in their ownership of the stock. 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 sold 415,812 shares of company stock valued at $29,056,896 in the last ninety days. Corporate insiders own 15.19% of the company’s stock.

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.