CarMax Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of CarMax stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $70.75, for a total value of $566,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CarMax Inc (NYSE KMX) opened at $69.45 on Friday. CarMax Inc has a 1-year low of $54.29 and a 1-year high of $77.64. The company has a current ratio of 2.33, a quick ratio of 0.48 and a debt-to-equity ratio of 3.82. The stock has a market capitalization of $12,860.00, a price-to-earnings ratio of 19.49, a P/E/G ratio of 1.19 and a beta of 1.52.

CarMax (NYSE:KMX) last posted its quarterly earnings data on Friday, September 22nd. The company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.95 by $0.03. CarMax had a return on equity of 21.88% and a net margin of 4.09%. The company had revenue of $4.39 billion during the quarter, compared to analysts’ expectations of $4.26 billion. During the same quarter in the previous year, the business earned $0.88 EPS. CarMax’s revenue was up 9.7% compared to the same quarter last year. equities analysts expect that CarMax Inc will post 3.84 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently bought and sold shares of the stock. IFM Investors Pty Ltd purchased a new position in CarMax during the 3rd quarter valued at $448,000. Yellowstone Partners LLC purchased a new position in CarMax during the 3rd quarter valued at $425,000. California Public Employees Retirement System boosted its holdings in CarMax by 1.9% during the 3rd quarter. California Public Employees Retirement System now owns 435,405 shares of the company’s stock valued at $33,008,000 after acquiring an additional 8,205 shares during the period. Janney Montgomery Scott LLC purchased a new position in CarMax during the 3rd quarter valued at $865,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in CarMax by 7.4% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,475 shares of the company’s stock valued at $1,173,000 after acquiring an additional 1,066 shares during the period.

A number of research firms have issued reports on KMX. ValuEngine downgraded CarMax from a “buy” rating to a “hold” rating in a research note on Wednesday. Citigroup Inc. lifted their price objective on CarMax to $84.00 and gave the stock a “buy” rating in a research note on Monday, September 25th. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $75.00 price objective (up previously from $66.00) on shares of CarMax in a research note on Tuesday, September 26th. Deutsche Bank AG downgraded CarMax from a “buy” rating to a “hold” rating and set a $76.00 price objective on the stock. in a research note on Friday. Finally, CIBC lifted their price objective on CarMax from $72.00 to $80.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 19th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. CarMax has an average rating of “Hold” and a consensus price target of $77.40.

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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