Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Carvana Co. (NYSE:CVNA). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Carvana stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Carvana Price Performance
CVNA stock traded down $2.60 during trading hours on Tuesday, hitting $73.63. 7,846,657 shares of the stock traded hands, compared to its average volume of 13,834,408. The stock has a 50-day simple moving average of $74.97 and a 200 day simple moving average of $77.08. Carvana Co. has a one year low of $54.46 and a one year high of $97.38. The company has a market cap of $80.76 billion, a P/E ratio of 44.79, a P/E/G ratio of 16.55 and a beta of 3.55. The company has a current ratio of 4.09, a quick ratio of 2.57 and a debt-to-equity ratio of 1.05.
Institutional Investors Weigh In On Carvana
A number of institutional investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its position in 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 worth $7,481,081,000 after acquiring an additional 1,407,762 shares during the period. Vanguard Group Inc. boosted its position in Carvana by 24.7% during the 4th 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 during the period. State Street Corp boosted its position in Carvana by 93.7% during the 4th quarter. State Street Corp now owns 5,714,779 shares of the company’s stock worth $2,411,751,000 after acquiring an additional 2,764,759 shares during the period. Capital Research Global Investors boosted its position in Carvana by 42.9% during the 4th quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock worth $2,405,959,000 after acquiring an additional 1,711,144 shares during the period. Finally, Geode Capital Management LLC boosted its position in Carvana by 55.4% during the 4th quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock worth $1,632,763,000 after acquiring an additional 1,382,852 shares during the period. 56.71% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, insider Thomas Taira sold 5,590 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $79.97, for a total transaction of $447,032.30. Following the completion of the sale, the insider directly owned 60,452 shares of the company’s stock, valued at $4,834,346.44. This trade represents a 8.46% decrease in their position. The transaction was disclosed in a document filed 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, Director J Danforth Quayle sold 14,500 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $61.99, for a total value of $898,913.00. Following the sale, the director directly owned 209,565 shares of the company’s stock, valued at $12,991,772.61. This trade represents a 6.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 281,205 shares of company stock worth $19,495,895. Corporate insiders own 15.19% of the company’s stock.
Analyst Upgrades and Downgrades
CVNA has been the subject of a number of recent analyst reports. Wedbush decreased their price target on Carvana from $100.00 to $85.00 and set an “outperform” rating for the company in a research report on Thursday, February 19th. Gordon Haskett increased their price target on Carvana from $67.00 to $85.00 and gave the company a “hold” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. increased their price target on Carvana from $91.00 to $93.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Needham & Company LLC increased their price target on Carvana from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Citigroup reiterated an “outperform” rating on shares of Carvana in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Carvana has a consensus rating of “Moderate Buy” and a consensus price target of $109.75.
View Our Latest Stock Report on Carvana
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
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