CVNA CARVANA CO.
Price Chart
Executive Summary
Two Carvana insiders sold a combined $1.39M in open-market sales over a 3-day window. Director Danforth's sale follows a same-day derivative exercise at a nominal $3 strike, netting a $1.02M cash-out. President Thomas sold $376K at $67.15. At a $73.8B market cap, the total sales represent ~0.002% of market cap — a trivial amount. The derivative exercise pattern (cashless exercise-to-sell) is routine and non-informative. No bearish signal from this cluster.
Key Financial Metrics
Actionable Insight
This cluster is too small to warrant a trading response. Monitor for any larger insider sales (>0.5% of market cap) or a C-suite cluster before adjusting position. The derivative exercise pattern is standard and non-informative.
Key Facts
- Director Danforth exercised 14,525 shares at $0 (non-cash) and 14,525 shares at $3 ($43,575 cost), then sold all 14,525 shares at $70 for $1.02M on June 10
- President Thomas sold 5,597 shares at $67.15 for $376K on June 8
- Total open-market sales: $1.39M, representing ~0.002% of Carvana's $73.8B market cap
- No insider purchases in the cluster; net direction is selling but at immaterial dollar amounts
- Danforth's sale is a routine cashless exercise-to-sell pattern — not a discretionary bearish signal
Financial Impact
Total insider sales of $1.39M represent ~0.002% of market cap — economically trivial
Risk Factors
- Insider sales could accelerate if stock continues to rally, but current volume is immaterial
- No bearish read-through from this cluster given the trivial dollar amounts and routine exercise pattern
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CVNA-1781213903809 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
1d ago
|
Institutional Cluster
| $67.86 awaiting T+1 | awaiting T+1 | — | $64.10 (−5.53%) |
|
Jun 11, 2026
1d ago
|
Insider Cluster
| $67.86 awaiting T+1 | awaiting T+1 | — | $64.10 (−5.53%) |
|
Jun 9, 2026
3d ago
|
Insider Cluster
| $69.66 awaiting T+1 | awaiting T+1 | — | $64.10 (−7.98%) |
|
Jun 8, 2026
4d ago
|
144
| $69.45 awaiting T+1 | awaiting T+1 | — | $64.10 (−7.70%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $65.99 awaiting T+1 | awaiting T+1 | — | $64.10 (−2.86%) |
|
Jun 3, 2026
9d ago
|
Insider Cluster
| $66.19 $66.51 | ▲ +0.48% | ▲ +3.08% | $64.10 (−3.16%) |
|
May 6, 2026
5w ago
|
8-K
| $80.00 $77.94 | ▼ −2.58% | ▼ −3.41% | $64.10 (−19.88%) |
|
May 1, 2026
6w ago
|
144
| $376.50 $388.07 | ▼ −3.07% | ▼ −2.28% | $64.10 (+82.97%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $380.68 $376.50 | ▲ +1.10% | ▲ +0.76% | $64.10 (+83.16%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $77.88 $80.00 | ▼ −2.73% | ▼ −3.06% | $64.10 (+17.69%) |
US Market Status
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