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CacheTech Inc. boosted its Carvana Co. shares by 7.8%, adding to its portfolio despite recent insider sales.
CacheTech Inc. increased its stake in Carvana Co. (NYSE: CVNA) by 7.8%, adding 100 shares to its portfolio.
Carvana, an online used car marketplace, has a market cap of $43.67 billion and is expected to post 2.85 EPS this year.
The company's insiders have sold $69.24 million worth of shares over the last 90 days, with 17.12% of the stock now held by insiders.
Carvana's shares have a 50-day moving average of $215.18 and a 200-day average of $220.82.
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CacheTech Inc. aumentó sus acciones de Carvana Co. en un 7,8%, sumando a su cartera a pesar de las recientes ventas de información privilegiada.