US EditionErnest C. Garcia III Sells 9,656 Shares of Carvana Co. (NYSE:CVNA) Stock
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Carvana’s Top Shareholder Files to Sell $245 Million in Stock
Carvana Co.’s largest shareholder, Ernie Garcia II, who is also the father of the auto retailer’s founder and chief executive officer, extended his recent run of stock sales by filing to dispose of $245 million in shares this week.
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ETF Daily NewsErnest C. Garcia III Sells 9,656 Shares of Carvana Co. (NYSE:CVNA) Stock
Carvana Co. (NYSE:CVNA - Get Free Report) CEO Ernest C. Garcia III sold 9,656 shares of the stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $348.45, for a total value of $3,364,633.20. Following the completion of the transaction, the chief executive officer owned 676,612 shares in the company, valued at approximately $235,765,451.40. The trade was a 1.41% decrease in their position. The sale w…
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