TLDR
- Carvana CEO Ernest C. Garcia III sold 2,500 shares worth $939,347 through family trusts on September 25, 2025
- Stock trades at $392.66 with market cap of $85.8 billion and 117.5% annual return
- Company launched same-day vehicle delivery in San Francisco Bay Area on September 30, 2025
- Same-day service now available across more than 15 states, first launched in Arizona
- Northern California operations include facilities in Rocklin and Tracy powering faster delivery
Carvana stock continues trading near 52-week highs as CEO Ernest C. Garcia III sold nearly $1 million in shares. The online used car retailer simultaneously expanded its same-day delivery service to San Francisco.
Garcia sold 2,500 shares of Class A Common Stock on September 25, 2025. The transactions totaled $939,347 through two family trusts.
The Ernest Irrevocable 2004 Trust III sold 1,200 shares. The Ernest C. Garcia III Multi-Generational Trust III sold 1,300 shares.
Sale prices ranged from $356.32 to $367.54 per share. The CEO executed these transactions under a Rule 10b5-1 trading plan adopted December 13, 2024.
Following the sales, the Ernest Irrevocable 2004 Trust III holds 400,140 shares. The Ernest C. Garcia III Multi-Generational Trust III holds 500,140 shares.
Garcia directly owns 921,926 shares. Carvana stock currently trades at $392.66, approaching its 52-week high of $413.33.
Carvana Stock Performance Metrics
The stock has delivered a 117.5% return over the past year. Carvana’s market capitalization stands at $85.8 billion.
Analysts note the stock trades with a P/E ratio of 97.4. Some suggest the current valuation is slightly overvalued based on fundamental metrics.
The company’s recent second-quarter results showed strong performance. Adjusted EBITDA reached $601 million, beating analyst estimates.
Same-Day Delivery Reaches San Francisco Market
Carvana announced same-day vehicle delivery in the greater San Francisco Bay Area on September 30, 2025. Select customers can receive newly purchased vehicles the same day they order.
Bay Area sellers also gain access to same-day drop-off and pickup options. This applies after completing the online appraisal process.
The service is powered by expanding Northern California operations. Carvana operates an Inspection and Reconditioning Center in Rocklin.
The company recently integrated IRC capabilities at ADESA Golden Gate in Tracy. These facilities strengthen the fulfillment network across the region.
Jacqueline Hearns, Senior Director of Market Operations and Expansion, said the Bay Area represents an important market. Local customers can now complete the entire process from checkout to driveway delivery in one day.
National Expansion of Fast Delivery Service
Carvana first introduced same-day delivery in Arizona. The company has rapidly expanded to select markets across more than 15 states.
The platform allows customers to shop pre-owned vehicles, secure financing, and trade in current cars entirely online. After purchasing eligible vehicles, local buyers receive same-day delivery options.
One Bay Area customer said the process was simple and convenient. The couple received their vehicle in their driveway the same day and plan to purchase again.
The company plans continued expansion in coming months. This growth leverages its network of IRCs and fulfillment operations nationwide.
Carvana stock has attracted attention from multiple analysts recently. JPMorgan raised its price target to $425 with an Overweight rating.
DA Davidson increased its target from $260 to $380 with a Neutral rating. Citizens JMP maintains a Market Outperform rating with a $460 price target.
