On November 11, 2024, Daniel Gill, Chief Product Officer of Carvana Co (CVNA, Financial), executed a sale of 11,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 236,267 shares of Carvana Co.
Carvana Co is known for its innovative approach to buying and selling cars online. The company offers a hassle-free car buying and selling experience that is entirely online, allowing customers to shop, finance, and trade cars through their platform.
Over the past year, Daniel Gill has sold a total of 216,965 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within Carvana Co, where there have been 117 insider sells and only 2 insider buys over the past year.
Shares of Carvana Co were priced at $250.16 on the day of the sale. The company currently holds a market cap of approximately $31.71 billion. According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Carvana Co is significantly overvalued with a price-to-GF-Value ratio of 7.43. The GF Value of $33.66 suggests a substantial premium compared to the current trading price.
The valuation metrics such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow are used in determining the GF Value, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of company performance and valuation discrepancies. The significant overvaluation suggested by the GF Value could be a critical factor for potential investors to consider.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
