CarMax Inc (NYSE:KMX) Director William R. Tiefel sold 23,000 shares of the company’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $76.39, for a total transaction of $1,756,970.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

CarMax Inc (NYSE:KMX) opened at 76.81 on Friday. CarMax Inc has a 12-month low of $47.50 and a 12-month high of $77.64. The stock has a market capitalization of $14.08 billion, a price-to-earnings ratio of 22.06 and a beta of 1.38. The firm has a 50-day moving average of $69.62 and a 200-day moving average of $63.75.

CarMax (NYSE:KMX) last issued its quarterly earnings results on Friday, September 22nd. The company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.03. The firm had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $4.26 billion. CarMax had a return on equity of 21.88% and a net margin of 4.09%. CarMax’s revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS. Equities research analysts forecast that CarMax Inc will post $3.81 earnings per share for the current fiscal year.

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A number of research firms have recently weighed in on KMX. Deutsche Bank AG lowered their price target on shares of CarMax from $73.00 to $72.00 and set a “buy” rating on the stock in a research note on Tuesday, July 4th. Royal Bank Of Canada reaffirmed a “market perform” rating and set a $63.00 price target (down from $71.00) on shares of CarMax in a research note on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $74.00 price target (up from $72.00) on shares of CarMax in a research note on Thursday, June 22nd. UBS AG cut shares of CarMax from a “positive” rating to a “neutral” rating in a research note on Thursday, June 22nd. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $70.00 price target (up from $66.00) on shares of CarMax in a research note on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. CarMax has a consensus rating of “Buy” and an average target price of $77.93.

A number of institutional investors and hedge funds have recently modified their holdings of KMX. BlackRock Inc. increased its stake in CarMax by 3,199.4% in the 1st quarter. BlackRock Inc. now owns 11,088,633 shares of the company’s stock worth $656,668,000 after purchasing an additional 10,752,554 shares in the last quarter. Nordea Investment Management AB increased its stake in CarMax by 751.0% in the 2nd quarter. Nordea Investment Management AB now owns 2,148,186 shares of the company’s stock worth $135,465,000 after purchasing an additional 1,895,763 shares in the last quarter. Principal Financial Group Inc. increased its stake in CarMax by 8.3% in the 2nd quarter. Principal Financial Group Inc. now owns 9,177,018 shares of the company’s stock worth $578,702,000 after purchasing an additional 706,369 shares in the last quarter. UBS Oconnor LLC purchased a new position in CarMax in the 2nd quarter worth about $44,142,000. Finally, Balyasny Asset Management LLC increased its stake in CarMax by 543.5% in the 2nd quarter. Balyasny Asset Management LLC now owns 638,700 shares of the company’s stock worth $40,276,000 after purchasing an additional 539,451 shares in the last quarter.

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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