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Anushka Dutta

THE TRUTH ABOUT: Insiders are making big buys in carvana should you - Caught on Camera

CVNA Carvana Carvana Co. (

Internet retail company Carvana Co. (CVNA) operates an e-commerce platform for buying and selling used cars. The company’s platform enables customers to research and identify a vehicle, inspect it, obtain financing and warranty coverage, and purchase it.

Recently, CVNA experienced a cluster of insider purchases, exhibiting bullish sentiments over the stock. 10% Owner Ernest C. Garcia acquired 1.99 million shares at $21.18 per share. Chief Product Officer Daniel J. Gill increased his stake by purchasing 94,000 shares at $21.77 per share, while Chief Brand Officer Ryan S. Keeton acquired 32,000 shares at $23.06 per share.

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