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Are we looking at the next big move in Carvana Co. (CVNA)?

Carvana Co. (NYSE: CVNA) is 137.44% higher on its value in year-to-date trading and has touched a low of $25.09 and a high of $136.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CVNA stock was last observed hovering at around $122.32 in the last trading session, with the day’s gains setting it 3.38%.

Currently trading at $125.70, the stock is 7.05% and 12.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.8 million and changing 2.76% at the moment leaves the stock 87.82% off its SMA200. CVNA registered 326.83% gain for a year compared to 6-month gain of 168.19%.

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The stock witnessed a 20.09% loss in the last 1 month and extending the period to 3 months gives it a 52.05%, and is 1.09% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.91% over the week and 6.47% over the month.

Carvana Co. (CVNA) has around 13700 employees, a market worth around $14.70B and $11.23B in sales. Current P/E ratio is 50.63. Profit margin for the company is 5.68%. Distance from 52-week low is 401.00% and -8.19% from its 52-week high. The company has generated returns on investments over the last 12 months (10.20%).

The EPS is expected to shrink by -180.80% this year.

Carvana Co. (CVNA) Top Institutional Holders

The shares outstanding are 114.24M, and float is at 99.87M with Short Float at 21.94%.

Carvana Co. (CVNA) Insider Activity

The most recent transaction is an insider sale by GARCIA ERNEST C. II,the company’s10% Owner. SEC filings show that GARCIA ERNEST C. II sold 75,000 shares of the company’s common stock on Jul 05 ’24 at a price of $125.72 per share for a total of $9.43 million. Following the sale, the insider now owns 0.34 million shares.

Carvana Co. disclosed in a document filed with the SEC on Jul 03 ’24 that GARCIA ERNEST C. II (10% Owner) sold a total of 75,000 shares of the company’s common stock. The trade occurred on Jul 03 ’24 and was made at $127.09 per share for $9.53 million. Following the transaction, the insider now directly holds 0.41 million shares of the CVNA stock.

Still, SEC filings show that on Jul 02 ’24, GARCIA ERNEST C. II (10% Owner) disposed off 75,000 shares at an average price of $124.70 for $9.35 million. The insider now directly holds 487,500 shares of Carvana Co. (CVNA).

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