← Back to signals
CVNA
LONGINSIDER SELLCARVANA CO
Funds
6
Score
7.00
vs SPY
-0.2%
Stock return (since Q-end)
+16.1%
SPY return (since Q-end)
+16.3%
Current price
$73.00
News Summary
NeutralCarvana delivered record Q1 2026 earnings with 40% YoY retail unit growth, $1.69 EPS beat, and record $672M Adjusted EBITDA, while guiding to sequential Q2 records. However, the company faces a pending SEC investigation tied to Gotham City Research allegations of $1B+ earnings overstatement, macroeconomic headwinds (rising rates, oil shock pressuring lower-income consumers), and analyst downgrades citing softer growth and narrower margins ahead.
Red flags
- •SEC subpoena and ongoing investigation into related-party transactions and potential earnings overstatement (alleged >$1B impact in 2023-2024)
- •BofA downgrade (Buy to Neutral) citing macroeconomic pressures, rising rates, and softer unit growth expectations
- •Q2 GPU expected to decline YoY due to tariff comparisons, narrower wholesale-to-retail spreads, and higher non-vehicle costs
- •Stretched lower- and middle-income consumer facing oil shock and rising interest rates
Funds Buying (6)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Viking Global | Andreas Halvorsen | 2.8M | +1.7M | $874.0B | +162% | Existing |
| Dragoneer | Marc Stad | 1.3M | +273K | $393.9B | +28% | Existing |
| Durable Capital Partners | Henry Ellenbogen | 996K | +71K | $313.0B | +8% | Existing |
| Sachem Head Capital | Scott Ferguson | 790K | +165K | $248.4B | +26% | Existing |
| D1 Capital | Dan Sundheim | 668K | +668K | $210.1B | — | NEW |
| Point72 | Steve Cohen | 215K | +206K | $67.6B | +2337% | Existing |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| Taira Thomas | President, Special Projects | SELL | 4K | $79.80 | $0.35M | 2026-05-08 |
| Taira Thomas | President, Special Projects | SELL | 1K | $80.63 | $0.09M | 2026-05-08 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 440 | $378.56 | $0.17M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 1K | $379.53 | $0.43M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 1K | $380.53 | $0.46M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 840 | $381.36 | $0.32M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 1K | $382.60 | $0.49M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 480 | $383.70 | $0.18M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 558 | $385.21 | $0.21M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 599 | $386.17 | $0.23M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 441 | $387.23 | $0.17M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 440 | $388.34 | $0.17M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 519 | $389.17 | $0.20M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 722 | $390.33 | $0.28M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 520 | $391.35 | $0.20M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 240 | $392.35 | $0.09M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 160 | $393.44 | $0.06M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 200 | $394.55 | $0.08M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 3K | $395.33 | $1.10M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 120 | $397.06 | $0.05M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 40 | $398.05 | $0.02M | 2026-05-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 40 | $400.04 | $0.02M | 2026-05-01 |
| Palmer Stephen R | Vice President of Accounting | SELL | 1K | $395.32 | $0.40M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 591 | $378.78 | $0.22M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 1K | $379.68 | $0.44M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 1K | $380.69 | $0.47M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 748 | $381.68 | $0.29M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 1K | $382.64 | $0.43M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 520 | $383.73 | $0.20M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 404 | $385.02 | $0.16M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 600 | $386.00 | $0.23M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 560 | $387.09 | $0.22M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 480 | $388.36 | $0.19M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 410 | $389.18 | $0.16M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 774 | $390.28 | $0.30M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 560 | $391.34 | $0.22M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 260 | $392.36 | $0.10M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 171 | $393.67 | $0.07M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 209 | $394.60 | $0.08M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 120 | $396.43 | $0.05M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 40 | $397.40 | $0.02M | 2026-05-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 40 | $398.55 | $0.02M | 2026-05-01 |
| Taira Thomas | President, Special Projects | SELL | 4K | $341.00 | $1.29M | 2026-04-08 |
| Palmer Stephen R | Vice President of Accounting | SELL | 1K | $317.50 | $0.32M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 200 | $295.84 | $0.06M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 160 | $296.88 | $0.05M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 120 | $298.75 | $0.04M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 280 | $300.36 | $0.08M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 280 | $301.53 | $0.08M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 663 | $302.41 | $0.20M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 177 | $303.81 | $0.05M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 280 | $305.01 | $0.09M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 120 | $306.74 | $0.04M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 600 | $307.72 | $0.18M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 920 | $308.71 | $0.28M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 760 | $309.69 | $0.24M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 1K | $310.78 | $0.36M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 3K | $311.72 | $0.91M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 1K | $312.79 | $0.32M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 1K | $313.80 | $0.31M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 572 | $314.80 | $0.18M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 388 | $315.88 | $0.12M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 40 | $316.38 | $0.01M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 910 | $317.61 | $0.29M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 80 | $320.27 | $0.03M | 2026-04-01 |
| JENKINS MARK W. | Chief Financial Officer | SELL | 80 | $321.05 | $0.03M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 120 | $295.99 | $0.04M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 200 | $296.75 | $0.06M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 80 | $298.91 | $0.02M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 320 | $300.43 | $0.10M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 320 | $301.62 | $0.10M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 395 | $302.69 | $0.12M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 125 | $303.96 | $0.04M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 240 | $304.92 | $0.07M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 40 | $305.76 | $0.01M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 360 | $307.30 | $0.11M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 840 | $308.47 | $0.26M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 720 | $309.45 | $0.22M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 784 | $310.61 | $0.24M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 2K | $311.59 | $0.72M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 1K | $312.59 | $0.39M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 560 | $313.60 | $0.18M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 680 | $314.53 | $0.21M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 360 | $315.66 | $0.11M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 80 | $316.30 | $0.03M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 120 | $317.98 | $0.04M | 2026-04-01 |
| HUSTON BENJAMIN E. | Chief Operating Officer | SELL | 120 | $320.86 | $0.04M | 2026-04-01 |