1 week Ago By ABMN Staff
JPMorgan Chase & Co. trimmed its holdings in shares of CarMax, Inc. ( NYSE:KMX – Free Report ) by 47.
4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 243,342 shares of the company’s stock after selling 219,286 shares during the period. JPMorgan Chase & Co.
owned approximately 0.16% of CarMax worth $19,896,000 as of its most recent filing with the SEC. Several other large investors also recently modified their holdings of the stock.
Cromwell Holdings LLC grew its stake in CarMax by 104.8% in the fourth quarter. Cromwell Holdings LLC now owns 424 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the period.
Allworth Financial LP raised its holdings in shares of CarMax by 62.7% in the 4th quarter. Allworth Financial LP now owns 646 shares of the company’s stock worth $51,000 after acquiring an additional 249 shares during the last quarter.
ST Germain D J Co. Inc. bought a new position in CarMax in the 4th quarter valued at about $58,000.
Farther Finance Advisors LLC boosted its stake in CarMax by 91.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,006 shares of the company’s stock valued at $82,000 after purchasing an additional 480 shares during the last quarter.
Finally, BankPlus Trust Department bought a new stake in CarMax during the 4th quarter worth approximately $85,000. CarMax Stock Down 16.8 % CarMax stock opened at $66.
64 on Friday. The company has a quick ratio of 0.55, a current ratio of 2.
30 and a debt-to-equity ratio of 2.92. The company has a market capitalization of $10.
25 billion, a P/E ratio of 22.59, a P/E/G ratio of 1.67 and a beta of 1.
58. The firm has a 50 day moving average price of $78.93 and a 200-day moving average price of $79.
20. CarMax, Inc. has a twelve month low of $63.
23 and a twelve month high of $91.25. Insider Buying and Selling In related news, CFO Enrique N.
Mayor-Mora sold 5,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $81.43, for a total transaction of $407,150.
00. Following the sale, the chief financial officer now owns 20,260 shares of the company’s stock, valued at approximately $1,649,771.80.
This represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink .
Also, SVP Tyler Tuite sold 4,869 shares of CarMax stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $84.58, for a total value of $411,820.
02. Following the transaction, the senior vice president now directly owns 227 shares of the company’s stock, valued at $19,199.66.
The trade was a 95.55 % decrease in their position. The disclosure for this sale can be found here .
In the last 90 days, insiders sold 22,878 shares of company stock valued at $1,872,699. 1.66% of the stock is owned by insiders.
Wall Street Analyst Weigh In Several brokerages recently issued reports on KMX. Needham & Company LLC lifted their target price on CarMax from $98.00 to $101.
00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Evercore ISI cut their price objective on shares of CarMax from $107.00 to $105.
00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. StockNews.com upgraded shares of CarMax from a “sell” rating to a “hold” rating in a report on Friday, December 20th.
Mizuho boosted their price target on shares of CarMax from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, December 20th.
Finally, Truist Financial increased their price objective on shares of CarMax from $72.00 to $88.00 and gave the company a “hold” rating in a research note on Friday, December 20th.
Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, CarMax has a consensus rating of “Hold” and an average price target of $90.
64. Get Our Latest Report on KMX CarMax Company Profile ( Free Report ) CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance.
The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. See Also Receive News & Ratings for CarMax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CarMax and related companies with MarketBeat.com's FREE daily email newsletter .
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