Ernest C. Garcia, III net worth and biography

Ernest Garcia, III Biography and Net Worth

CEO of Carvana

Ernie Garcia, III co-founded Carvana and has served as our President and Chief Executive Officer since our inception in 2012. Mr. Garcia is also Chairman of the Carvana Co. Board. Prior to founding Carvana, Mr. Garcia held various roles at the DriveTime Automotive Group, Inc. 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 Ernest C. Garcia, III's net worth?: The estimated net worth of Ernest C. Garcia, III is at least $201.22 million as of May 2nd, 2024. Mr. Garcia, III owns 896,449 shares of Carvana stock worth more than $201,216,943 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Garcia, III may own. Learn More about Ernest C. Garcia, III's net worth.
How do I contact Ernest C. Garcia, III?: The corporate mailing address for Mr. Garcia, III and other Carvana executives is 1930 WEST RIO SALADO PARKWAY, TEMPE AZ, 85281. Carvana can also be reached via phone at (602) 852-6604 and via email at [email protected]. Learn More on Ernest C. Garcia, III's contact information.
Has Ernest C. Garcia, III been buying or selling shares of Carvana?: Ernest C. Garcia, III has not been actively trading shares of Carvana over the course of the past ninety days. Most recently, Ernest C. Garcia III sold 18,100 shares of the business's stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $116.24, for a transaction totalling $2,103,944.00. Following the completion of the sale, the chief executive officer now directly owns 896,449 shares of the company's stock, valued at $104,203,231.76. Learn More on Ernest C. Garcia, III's trading history.
Who are Carvana's active insiders?: Carvana's insider roster includes Paul Breaux (Insider), Ernest Garcia II (Major Shareholder), Ernest Garcia, III (CEO), Daniel Gill (Insider), Benjamin Huston (COO), Mark Jenkins (CFO), Ryan Keeton (CBO), Michael Maroone (Director), Stephen Palmer (VP), Neha Parikh (Director), Ira Platt (Director), J Quayle (Director), Gregory Sullivan (Director), and Thomas Taira (Insider). Learn More on Carvana's active insiders.
Are insiders buying or selling shares of Carvana?: In the last twelve months, Carvana insiders bought shares 2 times. They purchased a total of 2,600 shares worth more than $199,784.00. In the last twelve months, insiders at the sold shares 111 times. They sold a total of 6,195,118 shares worth more than $905,672,610.15. The most recent insider tranaction occured on December, 12th when insider Ryan S Keeton sold 24,845 shares worth more than $6,159,075.50. Insiders at Carvana own 17.1% of the company. Learn More about insider trades at Carvana.
Information on this page was last updated on 12/12/2024.

Ernest C. Garcia, III Insider Trading History at Carvana

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/2/2024	Sell	18,100	$116.24	$2,103,944.00	896,449
4/2/2024	Sell	9,390	$82.83	$777,773.70	861,458
4/26/2022	Buy	300,000	$80.00	$24,000,000.00	804,809
5/3/2017	Buy	183,333	$13.35	$2,447,495.55	133,333

Ernest C. Garcia, III Buying and Selling Activity at Carvana

Carvana Company Overview

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. The company also operates auction sites. The company was founded in 2012 and is based in Tempe, Arizona.

Today's Range

Now: $224.46

$218.45

$225.09

50 Day Range

MA: $233.54

$189.08

$260.80

2 Week Range

Now: $224.46

$40.21

$268.34

Volume

4,871,433 shs

Average Volume

4,524,270 shs

Market Capitalization

$46.60 billion

P/E Ratio

22,468.47

Dividend Yield

N/A

Beta

3.32

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