Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of CarMax, Inc. (NYSE:KMX). In a filing disclosed on February 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in CarMax stock on January 13th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 2/3/2025.
- Purchased $15,001 - $50,000 in shares of CACI International NYSE: CACI on 1/31/2025.
- Purchased $50,001 - $100,000 in shares of Hawaiian Electric Industries NYSE: HE on 1/31/2025.
- Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 1/30/2025.
- Purchased $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 1/30/2025.
- Purchased $1,001 - $15,000 in shares of Agios Pharmaceuticals NASDAQ: AGIO on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of U.S. Physical Therapy NYSE: USPH on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 1/29/2025.
CarMax Stock Performance
CarMax stock traded up $1.31 on Friday, reaching $88.91. 1,671,132 shares of the stock were exchanged, compared to its average volume of 1,478,010. The stock has a market cap of $13.67 billion, a PE ratio of 30.14, a PEG ratio of 1.70 and a beta of 1.72. The company has a current ratio of 2.30, a quick ratio of 0.55 and a debt-to-equity ratio of 2.92. CarMax, Inc. has a twelve month low of $65.83 and a twelve month high of $91.25. The firm has a fifty day moving average price of $83.38 and a two-hundred day moving average price of $79.80.
CarMax (NYSE:KMX - Get Free Report) last announced its quarterly earnings data on Thursday, December 19th. The company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.19. The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.05 billion. CarMax had a net margin of 1.77% and a return on equity of 7.49%. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.52 earnings per share. Sell-side analysts anticipate that CarMax, Inc. will post 3.22 EPS for the current year.
Institutional Trading of CarMax
Large investors have recently added to or reduced their stakes in the company. First Hawaiian Bank bought a new stake in CarMax during the fourth quarter worth about $273,000. World Investment Advisors LLC bought a new stake in CarMax during the third quarter worth about $6,942,000. Sumitomo Mitsui Trust Group Inc. grew its stake in CarMax by 3.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 351,361 shares of the company's stock worth $27,188,000 after buying an additional 10,898 shares during the last quarter. HF Advisory Group LLC grew its stake in CarMax by 12.6% during the fourth quarter. HF Advisory Group LLC now owns 28,793 shares of the company's stock worth $2,354,000 after buying an additional 3,222 shares during the last quarter. Finally, Merit Financial Group LLC bought a new stake in CarMax during the fourth quarter worth about $600,000.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on KMX. Needham & Company LLC upped their price objective on shares of CarMax from $98.00 to $101.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Evercore ISI raised shares of CarMax from an "in-line" rating to an "outperform" rating and upped their price objective for the company from $90.00 to $110.00 in a research report on Thursday, February 6th. StockNews.com raised shares of CarMax from a "sell" rating to a "hold" rating in a research report on Friday, December 20th. Royal Bank of Canada upped their price objective on shares of CarMax from $92.00 to $99.00 and gave the company an "overweight" rating in a research report on Thursday, December 19th. Finally, JPMorgan Chase & Co. upped their price objective on shares of CarMax from $70.00 to $72.00 and gave the company an "underweight" rating in a research report on Friday, December 20th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $87.50.
Read Our Latest Analysis on CarMax
Insiders Place Their Bets
In other news, SVP Tyler Tuite sold 4,869 shares of the company's stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $84.58, for a total transaction of $411,820.02. Following the transaction, the senior vice president now directly owns 227 shares in the company, valued at approximately $19,199.66. This represents a 95.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William D. Nash sold 120,513 shares of the company's stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $83.24, for a total transaction of $10,031,502.12. Following the transaction, the chief executive officer now owns 181,683 shares in the company, valued at $15,123,292.92. The trade was a 39.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 264,467 shares of company stock valued at $21,915,445. 1.66% of the stock is currently owned by insiders.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About CarMax
(
Get 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.
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