Last updated: 4 September 2024 at 8:00pm EST

Ernest Garcia Net Worth




The estimated Net Worth of Ernest C. Iii Garcia is at least $126 Million dollars as of 1 May 2024. Mr. Garcia owns over 18,100 units of Carvana Co stock worth over $119,711,799 and over the last 8 years he sold CVNA stock worth over $2,890,908. In addition, he makes $2,957,130 as Chairman of the Board, President und Chief Executive Officer at Carvana Co.

Mr. Garcia CVNA stock SEC Form 4 insiders trading

Ernest has made over 5 trades of the Carvana Co stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 18,100 units of CVNA stock worth $2,103,944 on 1 May 2024.

The largest trade he's ever made was buying 2,000,000 units of Carvana Co stock on 26 April 2022 worth over $160,000,000. On average, Ernest trades about 25,413 units every 29 days since 2017. As of 1 May 2024 he still owns at least 896,449 units of Carvana Co stock.

You can see the complete history of Mr. Garcia stock trades at the bottom of the page.





Ernest Garcia biography

Ernest Garcia III serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Garcia is also Chairman of the Carvana Co. Board. Prior to founding Carvana, Mr. Garcia held various roles at DriveTime from January 2007 to January 2013. From January 2007 to December 2008, he served as a financial strategist. He was a managing director of corporate finance from December 2008 to November 2009. From November 2009 until January 2013, he served as a vice president and treasurer and director of quantitative analytics. As director of quantitative analytics, Mr. Garcia was responsible for the firm’s ongoing development of consumer credit scoring models, and its utilization of those tools in retail-vehicle-sales deal structuring and vehicle-price optimization. Prior to DriveTime, Mr. Garcia was an associate in the Principal Transactions Group at RBS Greenwich Capital from 2005 to 2006, where he focused on consumer-credit-based investments. Mr. Garcia holds a B.S. in management science and engineering from Stanford University.

What is the salary of Ernest Garcia?

As the Chairman of the Board, President und Chief Executive Officer of Carvana Co, the total compensation of Ernest Garcia at Carvana Co is $2,957,130. There are no executives at Carvana Co getting paid more.



How old is Ernest Garcia?

Ernest Garcia is 37, he's been the Chairman of the Board, President und Chief Executive Officer of Carvana Co since 2012. There are 14 older and 1 younger executives at Carvana Co. The oldest executive at Carvana Co. is Dan Quayle, 73, who is the Independent Director.

What's Ernest Garcia's mailing address?

Ernest's mailing address filed with the SEC is C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE, AZ, 85281.

Insiders trading at Carvana Co

Over the last 8 years, insiders at Carvana Co have traded over $5,656,039,125 worth of Carvana Co stock and bought 13,846,454 units worth $722,594,046 . The most active insiders traders include Ernest C. Iiverde Investmen..., House Partnership Lp Spruce... und House Partnership Llcspruce.... On average, Carvana Co executives and independent directors trade stock every 5 days with the average trade being worth of $12,052,653. The most recent stock trade was executed by Ernest C. Iiecg Ii Spe, Llc... on 9 September 2024, trading 150,000 units of CVNA stock currently worth $19,888,500.



What does Carvana Co do?

simply put, carvana is a better way to buy a car. you can browse, finance, and purchase a car online and have it delivered to you as soon as the next day. cutting out the dealerships translates to thousands of dollars in lower costs on every vehicle we sell. we pass these savings on to consumers in four ways: lower prices (our customers save $1,681 on average vs. kelley blue book), premium cars, a better experience, and no hidden fees. want to work at carvana? view our openings at: http://www.carvana.com/careers



Complete history of Mr. Garcia stock trades at Carvana Co

Insider
Trans.
Transaktion
Gesamtpreis
Ernest C. Iii Garcia
Chief Executive Officer
Verkauf $2,103,944
1 May 2024
Ernest C. Iii Garcia
Chief Executive Officer
Verkauf $777,774
2 Apr 2024
Ernest C. Iii Garcia
Chief Executive Officer
Verkauf $9,191
4 Mar 2024
Ernest C. Iii Garcia
Chief Executive Officer
Kauf $160,000,000
26 Apr 2022
Ernest C. Iii Garcia
Chief Executive Officer
Kauf $2,447,496
3 May 2017


Carvana Co executives and stock owners

Carvana Co executives and other stock owners filed with the SEC include: