Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Carvana Co (NYSE:CVNA). NASDAQ:CVNA Chief Executive Officer Ernest Garcia III indirectly sold 2,000 shares of Class A Common Stock on July 31, 2025, for a total value of $1,090,338. The sales occurred at prices ranging from $397.08 to $412.77, near the stock’s 52-week high of $413.33. The company, now valued at over $80 billion, has seen its shares surge nearly 92% year-to-date.
The transactions involved sales from the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III.
Following these transactions, the Ernest Irrevocable 2004 Trust III holds 591,440 shares, and the Ernest C. Garcia III Multi-Generational Trust III holds 691,440 shares. Garcia also directly holds 924,384 shares of Carvana Co.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024. For more detailed analysis and 20+ additional key metrics, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Carvana’s second-quarter 2025 results have led to a series of analyst upgrades in stock price targets. Needham raised its target to $500, maintaining a Buy rating, highlighting Carvana’s profitable growth story and unique model. Similarly, JPMorgan increased its price target to $415, citing results that were well ahead of expectations, with an adjusted EBITDA of $601 million surpassing both their own and Bloomberg’s estimates. BTIG also raised its target to $450, noting strong margins and performance in retail gross profit per unit. JMP Securities followed suit, setting a new target of $460, acknowledging revenue and EBITDA that exceeded consensus by 6% and 9%, respectively. DA Davidson raised its price target to $380, maintaining a Neutral rating, and noted Carvana’s year-over-year growth in used vehicle units. These developments reflect a positive outlook from analysts, driven by Carvana’s recent financial performance.
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