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 $7,544,779 were sold by HUSTON BENJAMIN E. on Apr 07 ’25. At $150.90 per share, HUSTON BENJAMIN E. sold 50,000 shares. The insider’s holdings dropped to 123,803 shares worth approximately $29.1 million following the completion of this transaction.
Also, BHJC Trust purchased 50,000 shares, netting a total of over 8,128,500 in proceeds.
Before that, JENKINS MARK W. had sold 43,433 shares from its account. In a trade valued at $9,089,349, the Chief Financial Officer traded Carvana Co shares for $209.27 each. Upon closing the transaction, the insider’s holdings decreased to 43,433 shares, worth approximately $50.45 million.
As published in a research note from Morgan Stanley on March 25, 2025, Carvana Co [CVNA] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $280 from $260. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid March. As of January 08, 2025, Citigroup has increased its “Neutral” rating to a “Buy” for CVNA. Earlier on January 07, 2025, RBC Capital Mkts upgraded its rating. Their new recommendation was “an Outperform” for CVNA stock which previously was a “a Sector perform”.
Analyzing CVNA Stock Performance
During the last five days, there has been a surge of approximately 12.29%. Over the course of the year, Carvana Co shares have jumped approximately 15.57%. Shares of the company reached a 52-week high of $292.84 on 02/19/25 and a 52-week low of $148.25 on 04/07/25. A 50-day SMA is recorded $210.20, while a 200-day SMA reached $198.36.
Support And Resistance Levels for Carvana Co (CVNA)
According to the 24-hour chart, there is a support level at 224.42, which, if violated, would cause prices to drop to 213.82. In the upper region, resistance lies at 241.20. The next price resistance is at 247.39. RSI (Relative Strength Index) is 59.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 19.78, which suggests the price will increase in the coming days. Percent R is at 1.99%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
