Summary by Moomoo AI
Ernest Garcia II, associated with Carvana Co. [CVNA], completed a series of transactions selling a total of 175,000 shares of Class A Common Stock over the course of two days, from August 1 to August 2, 2024. The sales were executed at prices ranging from $135.42 to $153.15 per share, resulting in a total market value of $25,045,491.74. Following these transactions, Garcia's indirectly held shares, through Verde Investments, Inc., amounted to 1,390,814. The sales reflect a change in Garcia's investment position and may influence Carvana's stock performance.