Carvana Co. $CVNA Stock Holdings Cut by Public Employees Retirement System of Ohio

Posted by George Bondi on Jul 27th, 2026

Public Employees Retirement System of Ohio lessened its position in Carvana Co. (NYSE:CVNA – Free Report) by 27.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,365 shares of the company’s stock after selling 15,189 shares during the period. Public Employees Retirement System of Ohio’s holdings in Carvana were worth $12,376,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Carvana by 24.7% in the fourth quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock worth $7,082,804,000 after acquiring an additional 3,328,115 shares in the last quarter. State Street Corp increased its position in Carvana by 93.7% in the 4th 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 last quarter. Capital Research Global Investors raised its position in Carvana by 42.9% during the fourth quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock valued at $2,405,959,000 after acquiring an additional 1,711,144 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Carvana by 8.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,726,838 shares of the company’s stock valued at $7,481,081,000 after purchasing an additional 1,407,762 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Carvana by 55.4% during the fourth quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock valued at $1,632,763,000 after buying an additional 1,382,852 shares in the last quarter. 56.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CVNA has been the subject of a number of research analyst reports. Wells Fargo & Company reissued an “overweight” rating and set a $85.00 target price (down from $95.00) on shares of Carvana in a research report on Tuesday, July 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $92.00 target price on shares of Carvana in a research report on Friday, June 12th. Jefferies Financial Group decreased their price objective on Carvana from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Tuesday, July 14th. Bank of America boosted their target price on shares of Carvana from $72.00 to $82.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Finally, Argus reduced their target price on Carvana from $500.00 to $100.00 in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Carvana presently has an average rating of “Moderate Buy” and an average target price of $92.65.

Read Our Latest Analysis on Carvana

Insider Transactions at Carvana

In other news, COO Benjamin E. Huston sold 50,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $76.99, for a total transaction of $3,849,600.00. Following the completion of the transaction, the chief operating officer directly owned 529,810 shares of the company’s stock, valued at $40,791,131.52. This represents a 8.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Thomas Taira sold 5,597 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $67.15, for a total value of $375,838.55. Following the transaction, the insider owned 315,075 shares of the company’s stock, valued at approximately $21,157,286.25. The trade was a 1.75% 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. In the last 90 days, insiders sold 396,962 shares of company stock worth $28,525,088. Company insiders own 15.19% of the company’s stock.

Carvana Price Performance

NYSE CVNA opened at $60.43 on Monday. 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 stock has a market cap of $66.28 billion, a price-to-earnings ratio of 36.76, a PEG ratio of 13.57 and a beta of 3.46. The business has a 50 day simple moving average of $66.99 and a 200 day simple moving average of $71.53. Carvana Co. has a 52-week low of $54.46 and a 52-week high of $97.38.

Carvana (NYSE:CVNA – Get Free Report) last released its quarterly 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. Carvana had a net margin of 6.40% and a return on equity of 41.46%. The company had revenue of $6.43 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Analysts anticipate that Carvana Co. will post 1.63 earnings per share for the current fiscal year.

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.