KBC Group NV is reported to have cut its holdings in Carvana Co (NYSE: CVNA) by 88.3 percent during the third quarter, as stated in the most recent SEC filing the company has submitted.
After selling 12,464 shares of company stock during the preceding quarter, the corporation is now in possession of 1,646 of those shares.
According to the most recent report that KBC Group NV submitted to the SEC, the value of its holding in Carvana was $33,000 at the end of the most recent quarter.
A number of the company’s other institutional investors have made changes in the past few years to the proportion of the company’s stock they own. 1832 Asset Management L.P.
Made a new investment of approximately $59,000 in Carvana during the first quarter of 2018.
This new investment was established during the first quarter of 2018.
During the second quarter, Carnegie Capital Asset Management LLC increased its position in Carvana by investing approximately 241,000 dollars.
This brought the total amount of the firm’s investment in Carvana to about 241,000 dollars.
During the second quarter, Captrust Financial Advisors achieved a 270.9% increase in the share of ownership of Carvana that it previously possessed. Captrust Financial Advisors now has a total of 1,324 shares in the company, which are worth a combined total of $30,000 after purchasing 967 additional shares in the company during the most recent fiscal quarter.
During the third quarter, CWM LLC achieved a 150.6% increase in the percentage of ownership it possesses in Carvana.
After the most recent acquisition of 920 additional shares during the most recent quarter, CWM LLC is now the owner of 1,531 shares of the company’s stock.
Based on the stock’s current market price, this gives the company a value of $31,000.
During the first three months of this year, U.S.
Bancorp DE increased its holdings in Carvana by a staggering 248.0%, putting it in a position to compete with other investors. U.S.
Bancorp DE now has 1,646 shares, currently valued at $197,000.
This is because U.S.
Bancorp DE purchased an additional 1,173 shares in the company during the most recent fiscal quarter. Hedge funds and other institutional investors own 63.62% of the total value of the stock.
Recently, many individuals whose primary occupation is researching stocks have been focusing their attention on CVNA shares.
Argus previously gave Carvana a ” hold ” recommendation; however, in a report published on November 21, Argus changed that recommendation to a rating of “sell.” A report published on November 30 included a section that rated Carvana as having a “neutral” rating rather than the “buy” recommendation that Bank of America had previously held for the company.
In a report made public on November 21, Carvana’s rating at Cowen was changed from “outperform” to “market perform.” The previous rating was “outperform.” In a report made public on Friday, December 9, Jefferies Financial Group stated that their price goal for Carvana had been reduced from $10.00 to $5.00.
The report was related to the company’s stock price target. Wedbush reaffirmed their “sell” rating on Carvana shares in a report published on Wednesday, December 28, and set their price objective for the company at $1.00.
This information was included in a report published on Wednesday, December 28.
Twenty-one of the investment professionals polled gave the stock of the company a rating of “hold,” three of them gave it a rating of “buy,” and two of them gave it an evaluation of “sell.” The research findings presented by Bloomberg indicate that the current rating for Carvana is “Hold” and that the price objective for the company is set at $43.65 per share.
When trading started on Thursday, the price of a share of CVNA was $14.01 per share.
The current value of the stock’s simple fifty-day moving average is $6.72, while the value of the stock’s simple two-hundred-day moving average is $18.60.
The debt-to-equity ratio was calculated to be 17.69, the quick ratio was determined to be 1.01, and the current ratio was calculated to be 2.38.
During the previous year, Carvana Company’s stock price ranged from a low of $3.55 to a high of $163.18 at various points.
The current price-to-earnings ratio for the stock is -1.57, with a beta value of 2.76; these metrics combine to give the stock a market value of $2.65 billion.
Thomas Taira, an employee of the company who has inside knowledge, bought 10,000 shares of company stock on Friday, November 11.
This was another new occurrence that occurred not too long ago.
The price that was paid, on average, for each share was $11.13, which brings the total amount that was spent on the acquisition to $111,300.
The company insider now directly owns 42,518 shares of the company, which have a value of $473,225.34 as a direct consequence of the transaction.
The transaction was announced in a document that was issued by the SEC.
The document, along with other recent developments, can be found on the website maintained by the SEC.
The price that was paid, on average, for each share was $11.13, which brings the total amount that was spent on the acquisition to $111,300.
The company insider now directly owns 42,518 shares of the company, which have a value of $473,225.34 as a direct consequence of the transaction.
The transaction was announced in a document that was released by the SEC, and that document can be found on the website of the SEC.
Thomas Taira, an employee of the company who has inside knowledge, bought 10,000 shares of company stock on Friday, November 11.
This was another new occurrence that occurred not too long ago.
The price that was paid, on average, for each share was $11.13, which brings the total amount that was spent on the acquisition to $111,300.
The company insider now directly owns 42,518 shares of the company, which have a value of $473,225.34 as a direct consequence of the transaction.
The transaction was announced in a document that was released by the SEC, and that document can be found on the website of the SEC.
On top of that, on November 21, an employee of the company named Daniel J. Gill purchased 133,000 shares of the company’s stock.
The purchasers of the shares paid an average price of $7.62 per share when they were purchasing them, which brought the total cost to $1,013,460.00.
As a result of the successful transaction completion, the insider now owns a total of 263,415 shares.
At the price that they are trading at right now, these shares are worth a total of $2,007,222.30. You should look in this location if you are looking for the disclosure that pertains to this transaction.
Insiders of the company have spent $1,204,760 over the past three months to acquire 151,000 shares, bringing the total number of shares purchased to 151,000.
Insiders of the company own 17.67% of the total shares of stock in the company.
Carvana Co, which operates as both a holding company and an eCommerce platform, is purchasing previously owned automobiles.
In addition, the company offers a wide range of services that streamline and simplify purchasing a vehicle.
The company’s three distinct operating segments are car sales, wholesale vehicle sales, and other sales and revenue.
The company also sells cars directly to consumers.
In the section of the website devoted to vehicle sales, customers have the opportunity to purchase pre-owned automobiles.
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