The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Carvana Co shares valued at $3,533,443 were sold by QUAYLE J DANFORTH on May 14 ’25. At $304.24 per share, QUAYLE J DANFORTH sold 11,614 shares. The insider’s holdings dropped to 41,913 shares worth approximately $12.46 million following the completion of this transaction.
Also, BREAUX PAUL W. sold 30,000 shares, netting a total of over 8,940,000 in proceeds. Following the sale of shares at $298.00 each, the insider now holds 149,114 shares.
Before that, Ernest C. Garcia III had added 630,000 shares to its account. In a trade valued at $184,627,800, the Chairman, CEO and 10% Sharehol bought Carvana Co shares for $293.06 each.
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 4.16%. Over the course of the year, Carvana Co shares have jumped approximately 46.24%. Shares of the company reached a 52-week high of $311.88 on 05/14/25 and a 52-week low of $148.25 on 04/07/25. A 50-day SMA is recorded $217.05, while a 200-day SMA reached $208.42.
Support And Resistance Levels for Carvana Co (CVNA)
According to the 24-hour chart, there is a support level at 292.75, which, if violated, would cause prices to drop to 288.10. In the upper region, resistance lies at 303.03. The next price resistance is at 308.66. RSI (Relative Strength Index) is 68.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 31.14, which suggests the price will increase in the coming days. Percent R is at 17.56%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.