Rep. Josh Gottheimer Sells Off Shares of Carvana Co. (NYSE:CVNA)

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Carvana Co. (NYSE:CVNA). In a filing disclosed on March 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Carvana stock on February 18th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 2/27/2026.
• Purchased $1,001 – $15,000 in shares of Infineon Technologies (OTCMKTS:IFNNY) on 2/27/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/18/2026.
• Purchased $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Cummins (NYSE:CMI) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 2/4/2026.
• Sold $1,001 – $15,000 in shares of Fair Isaac (NYSE:FICO) on 2/4/2026.

Carvana Stock Performance

Shares of CVNA opened at $300.65 on Wednesday. The company has a quick ratio of 2.73, a current ratio of 4.31 and a debt-to-equity ratio of 1.15. The stock has a market cap of $65.80 billion, a P/E ratio of 37.39 and a beta of 3.60. The business’s 50 day moving average price is $366.82 and its 200-day moving average price is $375.27. Carvana Co. has a 52 week low of $148.25 and a 52 week high of $486.89.

Shares of Carvana are scheduled to split on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, May 6th.

Carvana (NYSE:CVNA) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $4.22 earnings per share for the quarter, beating the consensus estimate of $1.10 by $3.12. The firm had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.24 billion. Carvana had a return on equity of 50.96% and a net margin of 6.92%.The company’s revenue was up 58.0% on a year-over-year basis. During the same period last year, the company earned $0.56 earnings per share. Equities research analysts anticipate that Carvana Co. will post 2.85 earnings per share for the current fiscal year.

Insider Activity

In related news, COO Benjamin E. Huston sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $411.27, for a total value of $4,112,700.00. Following the sale, the chief operating officer owned 98,652 shares in the company, valued at $40,572,608.04. This represents a 9.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director J Danforth Quayle sold 2,900 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $309.97, for a total transaction of $898,913.00. Following the transaction, the director directly owned 41,913 shares of the company’s stock, valued at $12,991,772.61. This represents a 6.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 53,574 shares of company stock valued at $21,463,735. 16.36% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CVNA has been the topic of several research reports. Wedbush dropped their target price on Carvana from $500.00 to $425.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. UBS Group set a $485.00 price objective on shares of Carvana in a research note on Friday, February 20th. William Blair reissued an “outperform” rating on shares of Carvana in a report on Friday, March 13th. BTIG Research cut their target price on shares of Carvana from $535.00 to $455.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Carvana in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $440.59.

Institutional Trading of Carvana

Several hedge funds have recently made changes to their positions in CVNA. First Horizon Corp increased its position 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 period. SJS Investment Consulting Inc. grew its stake in Carvana by 28.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock valued at $51,000 after purchasing an additional 30 shares during the last quarter. MAI Capital Management grew its stake in Carvana by 1.8% during the 2nd quarter. MAI Capital Management now owns 1,757 shares of the company’s stock valued at $592,000 after purchasing an additional 31 shares during the last quarter. Gilder Gagnon Howe & Co. LLC increased its holdings in shares of Carvana by 1.7% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 1,846 shares of the company’s stock valued at $622,000 after purchasing an additional 31 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Carvana by 23.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock worth $62,000 after purchasing an additional 31 shares during the last quarter. 56.71% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Carvana

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.