In a filing, Carvana Co revealed its Officer DANIEL J GILL & LIAN B GILL FA acquired Company’s shares for reported $11.46 million on Dec 02 ’24. In the deal valued at $260.42 per share,44,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, MARK JENKINS bought 10,000 shares, generating $2,604,200 in total proceeds.
Before that, JENKINS MARK W. sold 20,000 shares. Carvana Co shares valued at $5,008,122 were divested by the Chief Financial Officer at a price of $250.41 per share. As a result of the transaction, JENKINS MARK W. now holds 150,732 shares, worth roughly $38.43 million.
Morgan Stanley upgraded its Carvana Co [CVNA] rating to an Equal-weight from a an Underweight in a research note published on November 05, 2024; the price target was increased to $260 from $110. Evercore ISI also remained covering CVNA and reiterated its “an In-line” recommendation on September 16, 2024. Stephens started covering the stock on September 12, 2024. It rated CVNA as “an Overweight”.
Price Performance Review of CVNA
On Monday, Carvana Co [NYSE:CVNA] saw its stock fall -2.10% to $254.94. Over the last five days, the stock has lost -1.70%. Carvana Co shares have risen nearly 381.56% since the year began. Nevertheless, the stocks have risen 713.98% over the past one year. While a 52-week high of $268.34 was reached on 11/25/24, a 52-week low of $29.84 was recorded on 02/01/24. SMA at 50 days reached $213.38, while 200 days put it at $136.98.
Levels Of Support And Resistance For CVNA Stock
The 24-hour chart illustrates a support level at 250.04, which if violated will result in even more drops to 245.14. On the upside, there is a resistance level at 260.80. A further resistance level may holdings at 266.66. The Relative Strength Index (RSI) on the 14-day chart is 64.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.66, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.43%. Stochastics %K at 65.11% indicates the stock is a holding.
How much short interest is there in Carvana Co?
A steep rise in short interest was recorded in Carvana Co stocks on 2024-11-15, dropping by -0.64 million shares to a total of 13.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 13.64 million shares. There was a decline of -4.93%, which implies that there is a negative sentiment for the stock.
