The price of Carvana Co (NYSE:CVNA) shares last traded on Wall Street fell -12.10% to $247.72.
CVNA stock price is now 4.67% away from the 50-day moving average and 38.22% away from the 200-day moving average. The market capitalization of the company currently stands at $51.43B.
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With the price target enhanced from $195 to $277, Citigroup Upgraded its rating from Neutral to Buy for Carvana Co (NYSE: CVNA). On January 07, 2025, RBC Capital Mkts Upgraded its previous ‘Sector Perform’ rating to ‘Outperform’ on the stock increasing its target price from $270 to quote $280, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, JENKINS MARK W., Chief Financial Officer sold 28,422 shares of the company’s stock on Feb 18 ’25. The stock was sold for $8,209,695 at an average price of $288.85. Upon completion of the transaction, the Chief Financial Officer now directly owns 219,962 shares in the company, valued at $54.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Chief Financial Officer JENKINS MARK W. sold 20,000 shares of the business’s stock. A total of $5,513,628 was realized by selling the stock at an average price of $275.68. This leaves the insider owning 199,962 shares of the company worth $49.53 million. A total of 9.95% of the company’s stock is owned by insiders.
During the past 12 months, Carvana Co has had a low of $48.15 and a high of $292.84. As of last week, the company has a debt-to-equity ratio of 10.22, a current ratio of 3.25, and a quick ratio of 2.12.
The net profit margin was 0.14% and return on equity was 3.58% for CVNA. The company reported revenue of $3.55 billion for the quarter, compared to $2.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 46.33 percent.
