CEO Garcia sold 10,000 shares at blended avg $365.60; stock now $65.85, down 16.7% from 52-week high
Ernest C. Garcia III, Chief Executive Officer of Carvana, executed 18 separate sales totaling 10,000 shares on 2025-10-08 for $3,656,041.08 at prices ranging from $362.58 to $370.00 (blended average $365.60). This represents a 2.2% reduction in his holdings to 451,440 shares. The current stock price of $65.85 stands 16.7% below the 52-week high of $79.08 and down 9.8% over the past 30 days, indicating substantial recent price deterioration. Garcia's cross-ticker track record shows 20 prior sells, though timing outcomes at CVNA specifically remain unmeasurable due to recent transaction dates. The sale volume and execution across multiple price points on a single date, combined with the subsequent sharp stock decline, merit investor scrutiny of the fundamental catalyst and whether near-term headwinds influenced the disposition.