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

CarMax, Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $61.92, for a total value of $495,360.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CarMax, Inc (KMX) opened at $64.43 on Monday. The company has a market capitalization of $11,650.00, a price-to-earnings ratio of 17.27, a PEG ratio of 1.13 and a beta of 1.53. 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 52 week low of $54.29 and a 52 week high of $77.64.

CarMax (NYSE:KMX) last announced its quarterly earnings results on Thursday, December 21st. The company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). The firm had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $3.97 billion. CarMax had a net margin of 4.07% and a return on equity of 21.77%. The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.72 EPS. analysts forecast that CarMax, Inc will post 3.84 EPS for the current year.

Several analysts have recently weighed in on KMX shares. Credit Suisse Group upgraded CarMax to a “buy” rating and set a $83.00 target price for the company in a research report on Monday, December 25th. Deutsche Bank downgraded CarMax from a “buy” rating to a “hold” rating and set a $76.00 target price for the company. in a research report on Friday, November 17th. UBS Group upgraded CarMax from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 18th. Northcoast Research upgraded CarMax from a “neutral” rating to a “buy” rating in a research report on Thursday, December 14th. Finally, Berenberg Bank upgraded CarMax from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a research report on Monday, January 8th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $79.68.

Institutional investors have recently made changes to their positions in the company. Cerebellum GP LLC purchased a new position in shares of CarMax during the fourth quarter valued at $121,000. Captrust Financial Advisors purchased a new position in shares of CarMax during the fourth quarter valued at $134,000. Tredje AP fonden purchased a new position in shares of CarMax during the third quarter valued at $144,000. QS Investors LLC increased its stake in shares of CarMax by 1.0% during the second quarter. QS Investors LLC now owns 2,333 shares of the company’s stock valued at $147,000 after buying an additional 22 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of CarMax during the fourth quarter valued at $156,000.

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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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