Carvana president Thomas Taira sells over $1.18 million in stock
Thomas Taira, President of Special Projects at Carvana Co. (NASDAQ:CVNA), divested $1,184,958 worth of Class A Common Stock on September 14, 2026. This amounted to two separate transactions, with 2,680 shares sold at an average price of $70.05, and 14,109 shares sold at an average price of $70.68. Following these sales, Taira remains a shareholder with 366,987 shares, which are currently trading at $72.37.
This price represents a 50% increase over the past year. Carvana reported a strong third-quarter 2026, with an adjusted net income of $289 million, up 86% year-over-year. Revenue reached $8.04 billion, surpassing expectations. Analysts reacted differently to the results, with some raising their targets and others lowering them due to higher interest rates.
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