Marathon Asset Management Ltd Has $4.36 Million Stock Holdings in CarMax, Inc. $KMX

Marathon Asset Management Ltd reduced its position in shares of CarMax, Inc. (NYSE:KMX) by 26.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 97,155 shares of the company’s stock after selling 34,786 shares during the quarter. Marathon Asset Management Ltd’s holdings in CarMax were worth $4,359,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Perigon Wealth Management LLC acquired a new stake in CarMax during the 3rd quarter worth approximately $217,000. BankPlus Trust Department increased its position in CarMax by 1,634.9% in the 3rd quarter. BankPlus Trust Department now owns 4,077 shares of the company’s stock valued at $183,000 after acquiring an additional 3,842 shares during the period. Bard Financial Services Inc. increased its position in CarMax by 44.3% in the 3rd quarter. Bard Financial Services Inc. now owns 28,580 shares of the company’s stock valued at $1,282,000 after acquiring an additional 8,780 shares during the period. 180 Wealth Advisors LLC bought a new position in shares of CarMax during the third quarter valued at $556,000. Finally, Borer Denton & Associates Inc. lifted its holdings in shares of CarMax by 9.0% during the third quarter. Borer Denton & Associates Inc. now owns 20,037 shares of the company’s stock worth $899,000 after purchasing an additional 1,646 shares during the period.

CarMax Stock Performance

KMX stock opened at $39.26 on Monday. The firm has a market cap of $5.57 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 0.94 and a beta of 1.29. The company has a current ratio of 1.99, a quick ratio of 0.51 and a debt-to-equity ratio of 2.74. The stock has a 50-day moving average price of $38.77 and a 200-day moving average price of $51.65. CarMax, Inc. has a 1-year low of $30.26 and a 1-year high of $89.47.

CarMax (NYSE:KMX) last released its earnings results on Thursday, December 18th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.32 by $0.11. The business had revenue of $5.79 billion during the quarter, compared to analysts’ expectations of $5.66 billion. CarMax had a return on equity of 7.72% and a net margin of 1.77%.The firm’s revenue was down 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 earnings per share. As a group, equities research analysts expect that CarMax, Inc. will post 3.23 earnings per share for the current year.

Wall Street Analyst Weigh In

KMX has been the subject of a number of recent research reports. JPMorgan Chase & Co. decreased their price objective on CarMax from $30.00 to $28.00 and set an “underweight” rating for the company in a report on Friday, December 19th. Wedbush reduced their price target on CarMax from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Wall Street Zen cut CarMax from a “hold” rating to a “sell” rating in a research note on Friday, October 3rd. Evercore ISI reaffirmed a “reduce” rating and issued a $36.00 price objective on shares of CarMax in a research note on Friday, December 19th. Finally, Zacks Research cut CarMax from a “hold” rating to a “strong sell” rating in a report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, CarMax has an average rating of “Reduce” and an average price target of $39.36.

Key Stores Impacting CarMax

Here are the key news stories impacting CarMax this week:

• Neutral Sentiment: Evercore ISI placed KMX at a Hold, signalling tepid analyst conviction after recent results and likely contributing to cautious investor sentiment. CarMax (KMX) Receives a Hold from Evercore ISI
• Neutral Sentiment: Coverage of CarMax’s Q4 earnings call highlights key analyst questions about margins, inventory and demand — useful for gauging management’s near‑term outlook but not an immediate catalyst. The 5 Most Interesting Analyst Questions From CarMax’s Q4 Earnings Call
• Neutral Sentiment: General market coverage and price tracking for KMX available (background context for traders). CarMax (KMX) share price
• Negative Sentiment: Levi & Korsinsky notified investors of a class action alleging securities fraud for purchases between June 20, 2025 and November 5, 2025 and warns of a Jan. 2, 2026 deadline to act — adding legal overhang and potential liability. Shareholders of CarMax, Inc. Should Contact Levi & Korsinsky Before January 2, 2026 to Discuss Your Rights – KMX
• Negative Sentiment: Glancy Prongay & Murray issued a similar deadline alert for investors who bought KMX between June 20 and Nov. 5, 2025, urging lead‑plaintiff motions by Jan. 2 — another source of litigation pressure. Deadline Alert: CarMax, Inc. (KMX) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
• Negative Sentiment: Faruqi & Faruqi is investigating claims on behalf of CarMax investors and reminding shareholders of the Jan. 2 lead‑plaintiff deadline — reinforcing that multiple firms are pursuing the matter. SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CarMax
• Negative Sentiment: The Schall Law Firm is soliciting investors (class period noted through Sept. 24, 2025 for its claims) to lead a federal securities suit under Sections 10(b)/20(a), highlighting overlapping but slightly different class definitions across firms. KMX Investors Have Opportunity to Lead CarMax, Inc. Securities Fraud Lawsuit with the Schall Law Firm
• Negative Sentiment: Rosen Law Firm and Bleichmar Fonti & Auld (BFA) also issued deadline notices and investor advisories, citing a substantial stock drop and urging affected investors to secure counsel by Jan. 2 — amplifying the legal and reputational risk profile. KMX DEADLINE NOTICE: ROSEN… KMX INVESTOR LOSSES: …BFA Law

CarMax Company Profile

CarMax (NYSE: KMX) is a leading retailer of used vehicles in the United States, offering customers a streamlined, no-haggle purchasing experience. The company’s inventory spans a broad range of makes and models, each of which undergoes a comprehensive inspection process before being offered for sale. Customers can shop in person at CarMax’s retail locations or browse the company’s online platform, which provides detailed vehicle histories, virtual tours and contactless purchasing options.

Originally launched in 1993 as a division of Circuit City, CarMax became an independent, publicly traded company in 1997.