CarMax, Inc (KMX) Director Thomas J. Folliard Sells 8,000 Shares of Stock

CarMax, Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $64.04, for a total value of $512,320.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of CarMax, Inc (NYSE KMX) traded up $2.18 during trading on Thursday, reaching $66.94. The company had a trading volume of 4,196,000 shares, compared to its average volume of 3,455,550. The firm has a market cap of $12,210.00, a P/E ratio of 17.95, a PEG ratio of 1.08 and a beta of 1.48. CarMax, Inc has a twelve month low of $54.29 and a twelve month high of $77.64. The company has a debt-to-equity ratio of 3.83, a current ratio of 2.70 and a quick ratio of 0.51.

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

KMX has been the topic of a number of analyst reports. Susquehanna Bancshares set a $68.00 price target on CarMax and gave the company a “hold” rating in a research note on Monday. Citigroup increased their price target on CarMax to $84.00 and gave the company a “buy” rating in a research note on Monday, September 25th. Wedbush set a $81.00 price target on CarMax and gave the company a “buy” rating in a research note on Thursday, December 28th. Zacks Investment Research raised CarMax from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research note on Tuesday, September 26th. Finally, CIBC increased their price target on CarMax from $72.00 to $80.00 and gave the company an “outperform” rating in a research note on Tuesday, September 19th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $77.07.

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

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About CarMax

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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