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Michael E. Maroone net worth and biography

Michael Maroone Biography and Net Worth

Director of Carvana

From July 2005 to April 2015, Mr. Maroone served on the board of AutoNation, Inc., an automotive retailer and provider of new and used vehicles and related services. From August 1999 until his retirement in February 2015, Mr. Maroone also served as President and Chief Operating Officer of AutoNation, Inc. Prior to joining AutoNation, Inc., Mr. Maroone was President and Chief Executive Officer of the Maroone Automotive Group, a privately-held automotive retail group, from 1977 to 1997. Mr. Maroone currently serves on three other boards: as chairman of the board of Cleveland Clinic Florida, a non-profit, multispecialty academic hospital; as a member of the board of the Cleveland Clinic Enterprise Board; and as a member of the board of Salty Dot, Inc.. Mr. Maroone previously served on the board of Cox Automotive, Inc., a privately held combination of global automotive wholesale and services businesses including automotive auctions, financial services, media, and software; on the Cleveland Clinic Board of Trustees; and was co-chairman of the Florida Leadership Board of the Cleveland Clinic. He holds a B.S. degree in Small Business Management from the University of Colorado Boulder.

What is Michael E. Maroone's net worth?: The estimated net worth of Michael E. Maroone is at least $20.67 million as of May 9th, 2024. Mr. Maroone owns 175,891 shares of Carvana stock worth more than $20,667,193 as of May 19th. This net worth approximation does not reflect any other assets that Mr. Maroone may own. Learn More about Michael E. Maroone's net worth.
How do I contact Michael E. Maroone?: The corporate mailing address for Mr. Maroone 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 Michael E. Maroone's contact information.
Has Michael E. Maroone been buying or selling shares of Carvana?: In the last ninety days, Michael E. Maroone has sold $2,876,462.28 in Carvana stock. Most recently, Michael E. Maroone sold 24,516 shares of the business's stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $117.33, for a transaction totalling $2,876,462.28. Following the completion of the sale, the director now directly owns 175,891 shares of the company's stock, valued at $20,637,291.03. Learn More on Michael E. Maroone'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 31 times. They sold a total of 927,788 shares worth more than $93,352,848.19. The most recent insider tranaction occured on May, 15th when Major Shareholder Ernest C Garcia II sold 60,000 shares worth more than $7,206,000.00. Insiders at Carvana own 17.1% of the company. Learn More about insider trades at Carvana.
Information on this page was last updated on 5/15/2024.

Michael E. Maroone Insider Trading History at Carvana

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/9/2024	Sell	24,516	$117.33	$2,876,462.28	175,891
11/7/2022	Buy	100,000	$8.61	$861,000.00	154,392
3/4/2022	Buy	25,000	$104.77	$2,619,250.00
12/15/2020	Sell	10,000	$262.03	$2,620,300.00	24,560
11/26/2018	Buy	1,000	$43.85	$43,850.00	30,000
11/12/2018	Buy	20,000	$44.46	$889,200.00	30,000

Michael E. Maroone 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: $117.50

$115.48

$118.93

50 Day Range

MA: $89.80

$69.16

$123.03

2 Week Range

Now: $117.50

$10.27

$129.00

Volume

2,737,200 shs

Average Volume

6,082,849 shs

Market Capitalization

$23.80 billion

P/E Ratio

51.54

Dividend Yield

N/A

Beta

3.28

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