Summary by Futu AI
T. Rowe Price Associates, Inc., an investment adviser registered under the Investment Advisers Act of 1940, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on September 30, 2024, indicating a significant ownership stake in Carvana Co. The filing reveals that T. Rowe Price Associates holds an aggregate amount of 13,729,435 shares of Carvana's common stock, which represents 11.1% of the class. The shares include 13,171,663 with sole voting power and 13,613,816 with sole dispositive power. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Carvana. The address of Carvana's principal executive offices is listed as 300 E. Rio Salado Parkway, Tempe, AZ 85281. The filing was certified by Ellen York, Vice President of T. Rowe Price Associates, on November 14, 2024.