Garcia Amends Carvana Stake Filing

Ticker: CVNA · Form: SC 13D/A · Filed: 2024-10-25T00:00:00.000Z

Sentiment: neutral

Topics: 13D-filing, insider-filing, ownership-change

Related Tickers: CVNA

TL;DR

Garcia II updated his Carvana filing. Watch for potential moves.

AI Summary

Ernest C. Garcia II, through ECG II SPE, LLC, has amended their Schedule 13D filing for Carvana Co. as of October 25, 2024. The filing indicates a change in the date as of which the information is current, suggesting potential shifts in beneficial ownership or strategy related to Carvana Co. stock.

Why It Matters

This amendment to a Schedule 13D filing by a significant holder like Ernest C. Garcia II can signal changes in their investment strategy or confidence in Carvana's future, potentially influencing market perception.

Risk Assessment

Risk Level: medium — Schedule 13D filings by significant holders can precede major corporate actions or shifts in control, introducing volatility.

Key Players & Entities

FAQ

What specific changes in beneficial ownership are detailed in this amendment?

This filing is an amendment (No. 35) to a Schedule 13D, indicating a change in the date as of which the information is current (October 25, 2024), but the specific details of ownership changes are not provided in the excerpt.

Who is the primary filer for this Schedule 13D/A?

The primary filer is Ernest C. Garcia II, filing through ECG II SPE, LLC.

What is the CUSIP number for Carvana Co. Class A Common Stock?

The CUSIP number for Carvana Co. Class A Common Stock is 146869 102.

What is the business address of Carvana Co.?

Carvana Co.'s business address is 300 E. Rio Salado Parkway, Tempe, AZ 85281.

What is the date of the event that requires this filing?

The date of the event which requires filing of this statement is October 23, 2024.

Filing Stats: 1,634 words · 7 min read · ~5 pages · Grade level 5 · Accepted 2024-10-25 19:24:25

Key Financial Figures

Filing Documents

of the Original Schedule 13D is hereby amended and supplemented to include the following information

Item 5 of the Original Schedule 13D is hereby amended and supplemented to include the following information : The information set forth on the cover pages of this Schedule 13D is incorporated by reference in its entirety into this Item 5. The transactions effected by the Reporting Persons in respect of Class A Shares since the most recent filing of the Reporting Persons on Schedule 13D are set forth on the following table. All transactions below were effected by Mr. Garcia in open market transactions at prevailing markets prices. Transaction Date Price Per Share (1) Price Per Share Range Number of Shares (2) 09/09/2024 $ 135.7297 $ 133.9218-$138.36 75,000 09/10/2024 $ 129.4579 $ 124.54-$135.27 75,000 09/11/2024 $ 129.3938 $ 126.7461-$132.94 75,000 09/12/2024 $ 138.2618 $ 133.6292-$141.38 75,000 09/13/2024 $ 142.0572 $ 140.25-$144.26 75,000 9/16/2024 $ 150.1643 $ 143.03-$153.43 100,000 09/17/2024 $ 155.0041 $ 152.01-$158.10 100,000 09/18/2024 $ 160.1796 $ 157.35-$166.85 100,000 09/19/2024 $ 168.464 $ 165.35-$171.53 100,000 09/20/2024 $ 171.7381 $ 167.89-$176.21 100,000 09/23/2024 $ 172.662 $ 167.34-$176.15 100,000 09/24/2024 $ 171.2844 $ 169.23-$173.30 100,000 09/25/2024 $ 170.508 $ 168.78-$173.23 100,000 09/26/2024 $ 168.3141 $ 166.06-$170.50 100,000 09/27/2024 $ 169.8796 $ 168.17-$172.55 100,000 09/30/2024 $ 171.6801 $ 166.11-$174.55 100,000 10/01/2024 $ 175.173 $ 172.1534-$178.28 100,000 10/02/2024 $ 174.6397 $ 172.09-$176.81 100,000 10/03/2024 $ 176.4445 $ 174.19-$179.74 100,000 10/04/2024 $ 179.0605 $ 176.69-$182.61 100,000 10/07/2024 $ 180.4857 $ 177.86-$183.41 100,000 10/08/2024 $ 186.9554 $ 182.00-$190.46 100,000 10/09/2024 $ 190.6957 $ 188.52-$193.11 100,000 10/10/2024 $ 190.2385 $ 187.91-$192.98 100,000 10/1

View on Read The Filing