ASR Vermogensbeheer N.V. has acquired 7,698 shares of Carvana Co. (NYSE: CVNA), valued at approximately $1,609,000, marking a significant new institutional investment in the company. Carvana recently announced a strong earnings report with $1.28 EPS, surpassing estimates and showing a 41.9% year-over-year revenue increase. Insider trading at Carvana revealed significant sell-offs, with insiders selling over 2.9 million shares totaling around $1 billion in value within the last 90 days. Major shareholder Ernest C. Garcia II sold 100,000 shares at an average price of $346.99, for a total transaction of $34,699,000.00, reducing his ownership by 0.27%. Another major shareholder sold 93,376 shares at an average price of $394.16, for a total value of $36,805,084.16, resulting in a 93.38% decrease in their position. Insiders collectively sold 2,913,047 shares worth $1,004,044,920 over the last ninety days, owning 16.36% of the company's stock. Carvana's stock traded down $9.32 during mid-day trading on Friday, reaching $348.43, with a trading volume of 2,819,174 shares. The company has a current ratio of 4.00, a quick ratio of 2.58, and a debt-to-equity ratio of 2.51. The firm has a 50-day simple moving average of $337.34 and a two-hundred-day simple moving average of $272.27. The stock has a market cap of $74.98 billion, a P/E ratio of 87.33, a PEG ratio of 1.15, and a beta of 3.57. Carvana's 52-week low is $124.39 and 52-week high is $413.33. The company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.19, with revenue of $4.84 billion, up 41.9% year-over-year. Carvana had a net margin of 3.46% and a return on equity of 40.57%. Wall Street analysts have upgraded Carvana, with William Blair and Citigroup maintaining 'outperform' ratings, Needham & Company upping their price objective to $500.00 and giving a 'buy' rating, and Gordon Haskett assigning a 'hold' rating and a $329.00 target. Six analysts have a 'hold' rating and thirteen have a 'buy' rating, resulting in a consensus rating of 'Moderate Buy' and a consensus target price of $379.65. Carvana operates an e-commerce platform for buying and selling used cars in the United States, allowing customers to research, inspect vehicles using 360-degree imaging, obtain financing and warranty coverage, and schedule delivery or pick-up via desktop or mobile devices.

7,698 Shares in Carvana Co. (NYSE:CVNA) Purchased by ASR Vermogensbeheer N.V.

ASR Vermogensbeheer N.V. has purchased 7,698 shares of Carvana Co. (NYSE: CVNA) valued at approximately $1.6 million, signaling a major institutional investment in the company. Carvana reported strong earnings with $1.28 EPS, exceeding estimates and a 41.9% year-over-year revenue increase to $4.84 billion. The company also reported a net margin of 3.46% and a return on equity of 40.57%. Insiders have sold over 2.9 million shares worth $1 billion in the past 90 days, including significant sales by major shareholders Ernest C. Garcia II and another major shareholder. Carvana's stock traded down to $348.43 during mid-day trading, with a market cap of $74.98 billion and a P/E ratio of 87.33. Wall Street analysts have upgraded the stock, with Needham & Company assigning a 'buy' rating and a $500 target, while others maintain 'outperform' or 'hold' ratings. The company operates an e-commerce platform for used car sales in the United States, offering 360-degree vehicle inspections, financing, and delivery services.