CarMax, Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $64.04, for a total value of $512,320.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of CarMax, Inc (NYSE:KMX) opened at $71.04 on Friday. 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 12-month low of $54.29 and a 12-month high of $77.64. The firm has a market capitalization of $12,950.00, a PE ratio of 19.05, a PEG ratio of 1.12 and a beta of 1.48.

CarMax (NYSE:KMX) last issued its earnings results on Thursday, December 21st. The company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01). CarMax had a return on equity of 21.77% and a net margin of 4.07%. The business had revenue of $4.11 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same period last year, the business posted $0.72 EPS. CarMax’s revenue was up 11.0% on a year-over-year basis. research analysts forecast that CarMax, Inc will post 3.86 earnings per share for the current fiscal year.

A number of equities research analysts have issued reports on the company. Citigroup increased their price target on CarMax to $84.00 and gave the company a “buy” rating in a research report on Monday, September 25th. Zacks Investment Research lowered CarMax from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Goldman Sachs Group lowered CarMax from a “buy” rating to a “neutral” rating and increased their price target for the company from $74.00 to $79.00 in a research report on Monday, September 25th. Susquehanna Bancshares set a $68.00 price target on CarMax and gave the company a “hold” rating in a research report on Tuesday, December 26th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $81.00 price target (up previously from $77.00) on shares of CarMax in a research report on Monday, September 25th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the stock. CarMax has an average rating of “Hold” and an average price target of $77.07.

Several hedge funds and other institutional investors have recently modified their holdings of KMX. Seven Eight Capital LP purchased a new position in CarMax during the 2nd quarter worth approximately $133,000. Tredje AP fonden purchased a new position in CarMax during the 3rd quarter worth approximately $144,000. QS Investors LLC grew its stake in CarMax by 1.0% during the 2nd quarter. QS Investors LLC now owns 2,333 shares of the company’s stock worth $147,000 after buying an additional 22 shares during the last quarter. YorkBridge Wealth Partners LLC grew its stake in CarMax by 1.3% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 2,331 shares of the company’s stock worth $149,000 after buying an additional 29 shares during the last quarter. Finally, MML Investors Services LLC purchased a new position in CarMax during the 2nd quarter worth approximately $201,000.

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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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