Kingsview Wealth Management LLC Has $1.34 Million Stock Position in Carvana Co. $CVNA

Posted by George Bondi on Aug 30th, 2026

Kingsview Wealth Management LLC boosted its position in shares of Carvana Co. (NYSE:CVNA – Free Report) by 334.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 20,304 shares of the company’s stock after buying an additional 15,627 shares during the period. Kingsview Wealth Management LLC’s holdings in Carvana were worth $1,336,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CVNA. Royal Bank of Canada grew its stake in Carvana by 40.8% during the first quarter. Royal Bank of Canada now owns 29,867 shares of the company’s stock worth $6,243,000 after buying an additional 8,654 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Carvana by 251.4% in the first quarter. Geneos Wealth Management Inc. now owns 253 shares of the company’s stock valued at $53,000 after acquiring an additional 181 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Carvana by 28.8% in the second quarter. Cerity Partners LLC now owns 5,481 shares of the company’s stock valued at $1,847,000 after acquiring an additional 1,226 shares during the last quarter. AXA S.A. boosted its holdings in shares of Carvana by 340.7% in the 2nd quarter. AXA S.A. now owns 4,253 shares of the company’s stock worth $1,433,000 after acquiring an additional 3,288 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Carvana by 9.1% during the 2nd quarter. NewEdge Advisors LLC now owns 9,893 shares of the company’s stock worth $3,334,000 after acquiring an additional 825 shares during the last quarter. 56.71% of the stock is currently owned by institutional investors and hedge funds.

Carvana Stock Up 0.2%

NYSE:CVNA opened at $74.24 on Friday. The stock’s fifty day moving average price is $68.10 and its two-hundred day moving average price is $68.34. Carvana Co. has a 52-week low of $54.46 and a 52-week high of $97.38. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.33 and a current ratio of 3.93. The company has a market cap of $81.70 billion, a price-to-earnings ratio of 41.06, a P/E/G ratio of 2.69 and a beta of 3.46.

Carvana (NYSE:CVNA – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. The firm had revenue of $7.38 billion for the quarter, compared to analyst estimates of $6.90 billion. Carvana had a return on equity of 37.06% and a net margin of 6.26%.The business’s quarterly revenue was up 52.4% compared to the same quarter last year. During the same period last year, the company earned $1.51 EPS. On average, analysts anticipate that Carvana Co. will post 1.68 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. BNP Paribas Exane cut their price objective on Carvana from $86.00 to $69.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Morgan Stanley set a $90.00 target price on Carvana and gave the stock an “overweight” rating in a report on Thursday, July 30th. Citigroup lowered their target price on Carvana from $93.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Jefferies Financial Group cut their price target on Carvana from $95.00 to $90.00 and set a “buy” rating for the company in a report on Tuesday, July 14th. Finally, Argus reduced their price target on shares of Carvana from $500.00 to $100.00 in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Get Our Latest Analysis on Carvana

Insider Buying and Selling at Carvana

In other Carvana news, CFO Mark W. Jenkins sold 63,750 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $68.34, for a total transaction of $4,356,675.00. Following the completion of the sale, the chief financial officer directly owned 1,029,580 shares of the company’s stock, valued at approximately $70,361,497.20. The trade was a 5.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Benjamin E. Huston sold 50,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $68.55, for a total value of $3,427,500.00. Following the sale, the chief operating officer directly owned 458,755 shares of the company’s stock, valued at $31,447,655.25. This represents a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 420,897 shares of company stock valued at $28,777,664 over the last ninety days. Company insiders own 15.19% of the company’s stock.

About Carvana

(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.