Michael E. Maroone, an insider at Carvana Co (CVNA), sold 143,573 shares of the company on December 2, 2025, at a price of $401.18 per share. The total value of this transaction amounted to $57.60 million. Following this sale, Maroone retains 143,573 shares of Carvana.
Carvana, headquartered in Tempe, Arizona, operates as a holding company and eCommerce platform for buying and selling used cars. The company employs 17,400 full-time staff and went public on April 28, 2017. As of December 4, 2025, Carvana has a market capitalization of $85.6 billion, a P/E ratio of 136.16, and an EPS of 4.38. Upcoming earnings reports are scheduled for May 5, 2026, with an estimated EPS of $1.58 and revenue of $5.8 billion, and July 28, 2026, with an estimated EPS of $2.02 and revenue of $6.4 billion.
Insider transactions like Maroone's are required to be reported to the SEC, providing transparency into executive stock movements. While such sales can reflect personal financial decisions, they do not inherently indicate negative sentiment toward the company. Investors are advised to consider broader patterns of insider activity over time rather than focusing on isolated transactions.