Carvana director J. Danforth Quayle sells $1.09 million in stock

J. Danforth Quayle, a director at Carvana Co., divested 14,525 shares of the company's Class A Common Stock on August 14, 2026, for around $1.09 million. The shares were exchanged at a rate of $75.0 per share, though the stock subsequently sank to $70.09. InvestingPro analysis indicates the company remains undervalued, with a Fair Value suggesting potential upside for investors.

Quayle's sale followed the exercise of 14,525 non-qualified stock options on the same day, acquired at $3.0 per share and costing $43,575 in total. The stock options were vested 25% in April 2018 and vested monthly for three years, contingent upon Quayle's continued service with Carvana. Presently, Quayle directly owns 214,960 shares, with an additional 62,500 shares indirectly held through the James D. Quayle 2000 Irrevocable Trust.

Analysts have varied opinions on Carvana's future, with some firms adjusting their price targets and ratings.