Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Carvana Co shares valued at $10,453,593 were sold by BREAUX PAUL W. on Feb 11 ’25. At $270.55 per share, BREAUX PAUL W. sold 38,638 shares. The insider’s holdings dropped to 153,240 shares worth approximately $41.74 million following the completion of this transaction.
Also, BREAUX PAUL W. sold 1,362 shares, netting a total of over 367,849 in proceeds. Following the sale of shares at $270.08 each, the insider now holds 153,240 shares.
Before that, PAUL BREAUX had added 38,638 shares to its account. In a trade valued at $10,347,643, the Officer bought Carvana Co shares for $267.81 each.
As published in a research note from Citigroup on January 08, 2025, Carvana Co [CVNA] has been rated up from a Neutral to a Buy and the price target has been revised to $277 from $195. Analysts at RBC Capital Mkts upgraded the stock from ‘”a Sector perform”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of November 05, 2024, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for CVNA.
Analyzing CVNA Stock Performance
During the last five days, there has been a surge of approximately 3.51%. Over the course of the year, Carvana Co shares have jumped approximately 33.95%. Shares of the company reached a 52-week high of $273.37 on 02/13/25 and a 52-week low of $175.42 on 01/03/25. A 50-day SMA is recorded $235.21, while a 200-day SMA reached $175.58. Nevertheless, trading volume fell to 1.7 million shares from 2.13 million shares the previous day.
Support And Resistance Levels for Carvana Co (CVNA)
According to the 24-hour chart, there is a support level at 266.63, which, if violated, would cause prices to drop to 260.86. In the upper region, resistance lies at 275.77. The next price resistance is at 279.14. RSI (Relative Strength Index) is 72.69 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 13.66, which suggests the price will increase in the coming days. Percent R is at 2.40%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
