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 $8,924,642 were sold by HUSTON BENJAMIN E. on Mar 14 ’25. At $178.49 per share, HUSTON BENJAMIN E. sold 50,000 shares. The insider’s holdings dropped to 196,278 shares worth approximately $34.56 million following the completion of this transaction.
Also, BHJC Trust purchased 50,000 shares, netting a total of over 8,333,500 in proceeds.
Before that, JENKINS MARK W. had sold 10,000 shares from its account. In a trade valued at $2,248,152, the Chief Financial Officer traded Carvana Co shares for $224.82 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $38.56 million.
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 drop of approximately -1.78%. Over the course of the year, Carvana Co shares have dropped approximately -13.41%. Shares of the company reached a 52-week high of $292.84 on 02/19/25 and a 52-week low of $161.64 on 03/19/25. A 50-day SMA is recorded $225.28, while a 200-day SMA reached $187.17.
Support And Resistance Levels for Carvana Co (CVNA)
According to the 24-hour chart, there is a support level at 165.23, which, if violated, would cause prices to drop to 154.37. In the upper region, resistance lies at 183.36. The next price resistance is at 190.62. RSI (Relative Strength Index) is 38.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.55, which suggests the price will decrease in the coming days. Percent R is at 81.04%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
