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Carvana Co. (NYSE:CVNA) Chief Operating Officer Benjamin E. Huston recently executed a series of stock sales, totaling approximately $8.92 million. The transactions, carried out on March 14, 2025, involved the sale of Class A Common Stock at prices ranging from $172.45 to $181.27 per share. The sales come as Carvana’s stock has shown significant volatility, with a 111% gain over the past year despite an 18% decline year-to-date. According to InvestingPro analysis, the company currently appears undervalued relative to its Fair Value.
These sales were conducted under a Rule 10b5-1 trading plan that Huston adopted on December 13, 2024. Following these transactions, Huston retains direct ownership of 196,278 shares of Carvana’s Class A Common Stock. With a market capitalization of $22.3 billion, Carvana maintains strong liquidity with current assets exceeding short-term obligations. InvestingPro subscribers have access to 15+ additional exclusive insights about Carvana’s financial health and growth prospects.
In other recent news, Carvana Co. reported a significant improvement in its financial metrics, with EBITDA margins rising to 10.6% in fiscal 2024 from 3.9% in 2023, alongside a sales increase to $13.7 billion from $10.8 billion. S&P Global Ratings upgraded Carvana’s credit rating to ’B’ due to these improvements, highlighting stronger credit metrics and business growth. RBC Capital Markets also raised its price target for Carvana to $320, maintaining an Outperform rating, following a strong earnings report that exceeded expectations in retail unit growth and EBITDA. However, concerns arose from Carvana’s unexpected $913 million at-the-market equity raise, which added uncertainty to its financial strategy.
DA Davidson adjusted its price target to $260 from $220, citing Carvana’s faster-than-expected growth trajectory and robust quarterly results, yet maintained a Neutral rating. BofA Securities reduced its price target to $220 while keeping a Buy rating, acknowledging Carvana’s market share gains despite a deceleration in the used auto unit market growth. Analysts noted Carvana’s operational advancements, particularly in reconditioning processes, as a strategic move to enhance efficiency and quality control. Carvana’s plans to expand its ADESA mega sites are expected to support future revenue growth, with projections of a 14.9% increase in 2025. The company’s ability to maintain disciplined cost control and manage inventory effectively remains a key focus for continued success.
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