CarMax, Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $64.04, for a total value of $512,320.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of CarMax, Inc (NYSE KMX) traded up $2.18 during midday trading on Wednesday, reaching $66.94. The company’s stock had a trading volume of 4,195,854 shares, compared to its average volume of 3,455,500. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.51 and a current ratio of 2.70. CarMax, Inc has a one year low of $54.29 and a one year high of $77.64. The stock has a market capitalization of $12,210.00, a PE ratio of 17.95, a P/E/G ratio of 1.07 and a beta of 1.48.

CarMax (NYSE:KMX) last issued its quarterly earnings data on Thursday, December 21st. The company reported $0.81 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.01). CarMax had a net margin of 4.07% and a return on equity of 21.77%. The firm had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the prior year, the firm posted $0.72 EPS. CarMax’s quarterly revenue was up 11.0% compared to the same quarter last year. equities analysts predict that CarMax, Inc will post 3.86 EPS for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in CarMax by 2.1% in the second quarter. Vanguard Group Inc. now owns 18,185,184 shares of the company’s stock valued at $1,146,758,000 after buying an additional 380,038 shares during the last quarter. BlackRock Inc. lifted its stake in CarMax by 0.5% in the second quarter. BlackRock Inc. now owns 11,142,473 shares of the company’s stock valued at $702,643,000 after buying an additional 53,840 shares during the last quarter. Principal Financial Group Inc. lifted its stake in CarMax by 1.5% in the third quarter. Principal Financial Group Inc. now owns 9,319,193 shares of the company’s stock valued at $706,487,000 after buying an additional 142,175 shares during the last quarter. Broad Run Investment Management LLC lifted its stake in CarMax by 0.9% in the second quarter. Broad Run Investment Management LLC now owns 3,377,241 shares of the company’s stock valued at $212,969,000 after buying an additional 29,846 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in CarMax by 751.0% in the second quarter. Nordea Investment Management AB now owns 2,148,186 shares of the company’s stock valued at $135,465,000 after buying an additional 1,895,763 shares during the last quarter.

KMX has been the subject of a number of research analyst reports. UBS Group downgraded CarMax from an “outperform” rating to a “market perform” rating in a report on Thursday, October 5th. Oppenheimer downgraded CarMax from an “outperform” rating to a “market perform” rating and set a $80.00 price target for the company. in a report on Thursday, October 5th. CIBC reaffirmed a “market perform” rating on shares of CarMax in a report on Thursday, October 5th. Berenberg Bank initiated coverage on CarMax in a report on Wednesday, October 4th. They issued a “hold” rating and a $83.00 price target for the company. Finally, Credit Suisse Group upped their price target on CarMax from $75.00 to $83.00 and gave the company an “outperform” rating in a report on Friday, September 29th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $77.07.

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CarMax Company Profile

CarMax, Inc (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

Insider Buying and Selling by Quarter for CarMax (NYSE:KMX)

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