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Snigdha Gairola

Ernest Garcia II Sells $33.5 Million Worth Of Carvana Stock Amid 165% Rally

Carvana Carvana Co. ( CVNA

Carvana

Ernest C. Garcia II, a major shareholder in Carvana Co. (NYSE:CVNA), has sold shares worth $33.5 million.

What Happened: Garcia, who is a 10% owner of Carvana, sold 91,332 shares of Class A Common Stock on July 25 and July 28, 2025, for approximately $33.5 million, reported Investing.com on Tuesday.

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