{
  "id": 20126675,
  "title": "Carvana president Thomas Taira sells over $1.18 million in stock",
  "url": "https://urgent.news/2026/11/15/carvana-president-thomas-taira-sells-over-1-18-million-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-15T06:31:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/carvana-president-thomas-taira-sells-over-118-million-in-stock-93CH-5027677"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "Thomas Taira sold $1.18M in Carvana stock on Sep 14, 2026",
    "Two transactions: 2,680 shares at $70.05 avg, 14,109 at $70.68 avg",
    "Taira retains 366,987 shares, up 50% from last year"
  ],
  "editors_take": "The president's significant stock divestment follows a period of substantial revenue growth and rising share prices, signaling a moment for top executives to capitalize on recent company performance.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}