Carvana Co’s recently made public that its Chief Operating Officer HUSTON BENJAMIN E. unloaded Company’s shares for reported $8.92 million on Mar 14 ’25. In the deal valued at $178.49 per share,50,000 shares were sold. As a result of this transaction, HUSTON BENJAMIN E. now holds 196,278 shares worth roughly $37.48 million.
Then, BHJC Trust bought 50,000 shares, generating $8,333,500 in total proceeds.
Before that, JENKINS MARK W. sold 10,000 shares. Carvana Co shares valued at $2,248,152 were divested by the Chief Financial Officer at a price of $224.82 per share. As a result of the transaction, JENKINS MARK W. now holds 218,991 shares, worth roughly $41.82 million.
Piper Sandler upgraded its Carvana Co [CVNA] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. RBC Capital Mkts also remained covering CVNA and has increased its forecast on January 07, 2025 with a “an Outperform” recommendation from previously “Sector perform” rating. Morgan Stanley revised its rating on November 05, 2024. It rated CVNA as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of CVNA
On Friday, Carvana Co [NYSE:CVNA] saw its stock jump 2.98% to $190.95. Over the last five days, the stock has gained 5.39%. Carvana Co shares have fallen nearly -6.10% since the year began. Nevertheless, the stocks have risen 142.08% 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 03/19/25. SMA at 50 days reached $225.06, while 200 days put it at $188.05.
Levels Of Support And Resistance For CVNA Stock
The 24-hour chart illustrates a support level at 180.96, which if violated will result in even more drops to 170.97. On the upside, there is a resistance level at 197.76. A further resistance level may holdings at 204.57. The Relative Strength Index (RSI) on the 14-day chart is 44.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.04%. Stochastics %K at 32.70% 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 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.
