Carvana Co’s recent filing unveils that its Officer BHJC Trust acquired Company’s shares for reported $8.33 million on Mar 14 ’25. In the deal valued at $166.67 per share,50,000 shares were bought.
Then, JENKINS MARK W. sold 10,000 shares, generating $2,248,152 in total proceeds. Upon selling the shares at $224.82, the Chief Financial Officer now owns 218,991 shares.
Before that, MARK JENKINS bought 10,000 shares. Carvana Co shares valued at $2,331,000 were divested by the Officer at a price of $233.10 per share.
Citigroup upgraded its Carvana Co [CVNA] rating to a Buy from a a Neutral in a research note published on January 08, 2025; the price target was increased to $277 from $195. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early January from “a Sector perform” to “an Outperform”. Morgan Stanley also remained covering CVNA and has increased its forecast on November 05, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating.
Price Performance Review of CVNA
On Friday, Carvana Co [NYSE:CVNA] saw its stock jump 8.71% to $181.18. Over the last five days, the stock has lost -3.87%. Carvana Co shares have fallen nearly -10.91% since the year began. Nevertheless, the stocks have risen 137.52% over the past one year. While a 52-week high of $292.84 was reached on 02/19/25, a 52-week low of $67.61 was recorded on 03/13/25. SMA at 50 days reached $226.30, while 200 days put it at $186.08.
Levels Of Support And Resistance For CVNA Stock
The 24-hour chart illustrates a support level at 174.84, which if violated will result in even more drops to 168.49. On the upside, there is a resistance level at 184.69. A further resistance level may holdings at 188.19. The Relative Strength Index (RSI) on the 14-day chart is 36.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -24.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.38%. Stochastics %K at 14.57% indicates the stock is a buying.
How much short interest is there in Carvana Co?
A steep rise in short interest was recorded in Carvana Co stocks on 2025-02-28, dropping by -1.66 million shares to a total of 9.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.92 million shares. There was a decline of -17.96%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 16, 2024 when Evercore ISI resumed its ‘”an In-line”‘ rating for the stock and retained the price target to $157.
