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Carvana Co. (NYSE:CVNA – Get Free Report) major shareholder Ernest C. Garcia II sold 72,500 shares of the business’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $348.07, for a total value of $25,235,075.00. Following the transaction, the insider directly owned 34,620,292 shares of the company’s stock, valued at approximately $12,050,285,036.44. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
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Ernest C. Garcia II Sells 72,500 Shares of Carvana Co. (NYSE:CVNA) Stock
