Carvana (NYSE:CVNA) VP Stephen Palmer Sells 5,000 Shares

Posted by Brenda Bartman on Aug 5th, 2026

Carvana Co. (NYSE:CVNA – Get Free Report) VP Stephen Palmer sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $64.49, for a total transaction of $322,450.00. Following the completion of the sale, the vice president directly owned 136,909 shares of the company’s stock, valued at $8,829,261.41. The trade was a 3.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Carvana Stock Up 2.7%

Carvana stock opened at $67.91 on Wednesday. The company has a quick ratio of 2.33, a current ratio of 3.93 and a debt-to-equity ratio of 0.94. The firm has a market cap of $74.49 billion, a P/E ratio of 37.56, a P/E/G ratio of 2.44 and a beta of 3.46. The business has a fifty day moving average of $66.77 and a two-hundred day moving average of $70.27. Carvana Co. has a twelve month low of $54.46 and a twelve month high of $97.38.

Carvana (NYSE:CVNA – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. Carvana had a return on equity of 37.06% and a net margin of 6.26%.The firm had revenue of $7.38 billion during the quarter, compared to analysts’ expectations of $6.90 billion. During the same period in the prior year, the business posted $1.51 EPS. The firm’s quarterly revenue was up 52.4% on a year-over-year basis. On average, analysts forecast that Carvana Co. will post 1.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CVNA shares. Argus decreased their price objective on Carvana from $500.00 to $100.00 in a report on Monday, May 11th. Stephens upped their target price on Carvana from $86.00 to $97.00 in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Carvana in a research note on Thursday, June 18th. DA Davidson set a $67.00 price target on Carvana in a research note on Thursday, July 30th. Finally, Evercore set a $75.00 price objective on shares of Carvana in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Check Out Our Latest Stock Report on Carvana

Hedge Funds Weigh In On Carvana

A number of institutional investors have recently bought and sold shares of the business. First Horizon Corp boosted its holdings in shares of Carvana by 6.4% in the 4th quarter. First Horizon Corp now owns 418 shares of the company’s stock valued at $176,000 after acquiring an additional 25 shares during the last quarter. Finivi Inc. increased its stake in shares of Carvana by 4.6% in the fourth quarter. Finivi Inc. now owns 698 shares of the company’s stock worth $295,000 after acquiring an additional 31 shares during the period. HB Wealth Management LLC raised its holdings in shares of Carvana by 1.0% during the fourth quarter. HB Wealth Management LLC now owns 3,190 shares of the company’s stock worth $1,346,000 after purchasing an additional 31 shares during the last quarter. Gilder Gagnon Howe & Co. LLC raised its holdings in shares of Carvana by 1.7% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 1,846 shares of the company’s stock worth $622,000 after purchasing an additional 31 shares during the last quarter. Finally, Insigneo Advisory Services LLC lifted its position in Carvana by 4.8% during the fourth quarter. Insigneo Advisory Services LLC now owns 696 shares of the company’s stock valued at $294,000 after purchasing an additional 32 shares during the period. 56.71% of the stock is owned by hedge funds and other institutional investors.

More Carvana News

Here are the key news stories impacting Carvana this week:

Positive Sentiment: Director Michael E. Maroone purchased 25,000 shares worth approximately $1.55 million, increasing his direct ownership by 17.41%. The purchase may signal confidence in Carvana’s long-term prospects. SEC insider purchase filing

Carvana Company Profile

(Get 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.