Carvana Co. (NYSE:CVNA) Stock Update: Insider Selling and Financial Performance

Director Gregory B. Sullivan sold 2,500 shares of Carvana Co. (NYSE:CVNA) at $322.20 each, leaving him with 41,928 shares.Carvana missed its third-quarter earnings per share estimate, reporting a GAAP EPS of $1.03 against the expected $1.32, marking its first miss in 11 quarters.Despite the earnings miss, Carvana reported robust revenue growth, with a 55% increase to $5.65 billion and a significant rise in adjusted EBITDA and GAAP net income.Carvana Co. (NYSE:CVNA) is a prominent player in the online auto s ...