Carvana Stock Surges 11.29% in Five Days, Ranks 89th in Trading Volume

On June 24, 2025, Carvana (CVNA) saw a trading volume of $780 million, ranking 89th in the day's stock market activity. The company's stock price increased by 0.85%, marking the fifth consecutive day of gains, with a total increase of 11.29% over the past five days.

Carvana's CEO, Ernest C. Garcia III, sold 10,000 shares of the company's stock on June 18, 2025. The shares were sold at an average price of $214.70, totaling $2,147,000. Following the transaction, Garcia now directly owns 736,440 shares in the company, valued at approximately $158.1 million. This sale represents a 1.34% decrease in his position.

Carvana's recent financial performance has been notable. The company reported earnings per share of $1.51 for the quarter ending May 7, 2025, surpassing analysts' estimates of $0.75. The firm's revenue for the quarter was $4.23 billion, exceeding analyst estimates of $3.94 billion. This represents a 38.3% year-over-year increase in revenue. The company's net margin was 2.68%, and its return on equity was 44.86%.

Institutional investors have shown significant interest in Carvana. Brooklyn Investment Group increased its stake in the company by 961.5% in the first quarter, now owning 138 shares valued at $29,000. Global Retirement Partners LLC also increased its stake by 109.9% in the fourth quarter, owning 149 shares valued at $30,000. Rialto Wealth Management LLC and N.E.W. Advisory Services LLC both bought new positions in Carvana, valued at approximately $31,000 and $33,000, respectively. Venturi Wealth Management LLC increased its stake by 79.2% in the fourth quarter, now owning 224 shares valued at $46,000. Institutional investors collectively own 56.71% of Carvana's stock.