Insider Selling: SULLIVAN GREGORY B, Carvana Co [CVNA] Director divested 2,500 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Carvana Co shares valued at $859,775 were sold by SULLIVAN GREGORY B on Jun 10 ’25. At $343.91 per share, SULLIVAN GREGORY B sold 2,500 shares. The insider’s holdings dropped to 51,928 shares worth approximately $17.67 million following the completion of this transaction.

Also, SULLIVAN GREGORY B sold 2,500 shares, netting a total of over 848,575 in proceeds. Following the sale of shares at $339.43 each, the insider now holds 49,428 shares.

Before that, GARCIA ERNEST C. III had sold 5,448 shares from its account. In a trade valued at $1,848,238, the Chief Executive Officer traded Carvana Co shares for $339.25 each. Upon closing the transaction, the insider’s holdings decreased to 5,448 shares, worth approximately $258.64 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 drop of approximately -1.54%. Over the course of the year, Carvana Co shares have jumped approximately 67.35%. Shares of the company reached a 52-week high of $351.43 on 06/06/25 and a 52-week low of $148.25 on 04/07/25.

Support And Resistance Levels for Carvana Co (CVNA)

According to the 24-hour chart, there is a support level at 334.86, which, if violated, would cause prices to drop to 329.39. In the upper region, resistance lies at 344.22. The next price resistance is at 348.11. RSI (Relative Strength Index) is 72.03 on the 14-day chart, showing overbought technical sentiment.

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