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flag Carvana CEO sells shares after earnings miss and weak outlook sparked stock drop.

flag On November 4, 2025, Carvana director Gregory Sullivan sold 2,500 shares at $322.20 each, netting $805,500 and reducing his stake by 5.63%. flag The company’s stock closed at $309.91, down $22.42, after reporting third-quarter earnings of $1.03 per share—below the $1.29 estimate—though revenue hit $5.65 billion, exceeding forecasts. flag Despite strong revenue growth and a 54.5% year-over-year increase, weak fourth-quarter guidance and rising concerns over auto loan delinquencies contributed to the stock drop.

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