In today’s recent session, 1.71 million shares of the Carvana Co (NYSE:CVNA) have been traded, and its beta is 3.67. Most recently the company’s share price was $210.54, and it changed around $19.59 or 10.26% from the last close, which brings the market valuation of the company to $44.88B. CVNA at last check was trading at a discount to its 52-week high of $292.84, offering almost -39.09% off that amount. The share price’s 52-week low was $67.61, which indicates that the recent value has risen by an impressive 67.89% since then. We note from Carvana Co’s average daily trading volume that its 10-day average is 5.63 million shares, with the 3-month average coming to 4.30 million.
Carvana Co stock received a consensus recommendation rating of Hold, based on a mean score of 2.10. If we narrow it down even further, the data shows that 1 out of 25 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 12 recommended CVNA as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Carvana Co (NYSE:CVNA) trade information
Instantly CVNA has been showing a green trend so far today with a performance of 10.26% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 210.94 on recent trading dayincreased the stock’s daily price by 0.19%. The company’s shares are currently up 3.53% year-to-date, but still up 12.89% over the last five days. On the other hand, Carvana Co (NYSE:CVNA) is -5.72% down in the 30-day period. We can see from the shorts that 9.26 million shares have been sold at a short interest cover period of 2.59 day(s).
The consensus price target as assigned by Wall Street analysts is $250, which translates to bulls needing to increase their stock price by 15.78% from its current value. Analyst projections state that CVNA is forecast to be at a low of $195 and a high of $330.
Carvana Co (NYSE:CVNA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.42% of Carvana Co shares, and 94.21% of them are in the hands of institutional investors. The stock currently has a share float of 95.57%. Carvana Co stock is held by 784.0 institutions, with PRICE T ROWE ASSOCIATES INC /MD/ being the largest institutional investor. By 2024-06-30, it held 10.1349% of the shares, which is about 12.05 million shares worth $1.55 billion.
VANGUARD GROUP INC, with 8.3797% or 9.97 million shares worth $1.28 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
T. Rowe Price Blue Chip Growth Fund, Inc. and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 5.43 shares worth $1.14 billion, making up 4.04% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.83 shares worth around $807.16 million, which represents about 2.85% of the total shares outstanding.
