Summary by Futu AI
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a series of transactions selling a total of 200,000 shares of Class A Common Stock over the course of two days, from August 15 to August 16, 2024. The sales were executed through Verde Investments, Inc., with the transaction prices ranging from $143.23 to $156.08 per share, culminating in a total market value of $30,076,671.97. Following these transactions, Garcia II's indirectly held shares in Carvana amount to 8,000,000. These sales reflect a significant change in Garcia II's holdings and could be of interest to investors monitoring insider activity and company stock performance.