CarMax Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $68.72, for a total value of $549,760.00. Following the sale, the director now directly owns 447,572 shares in the company, valued at approximately $30,757,147.84. The sale was disclosed in a document filed with the SEC, which is available at this link.
CarMax Inc (NYSE KMX) traded up $2.33 during trading on Monday, hitting $70.71. The stock had a trading volume of 2,748,371 shares, compared to its average volume of 2,222,085. The company has a debt-to-equity ratio of 3.82, a current ratio of 2.33 and a quick ratio of 0.48. The firm has a market cap of $12,470.00, a PE ratio of 18.79, a price-to-earnings-growth ratio of 1.15 and a beta of 1.47. CarMax Inc has a 52-week low of $54.29 and a 52-week high of $77.64.
CarMax (NYSE:KMX) last posted its quarterly earnings data on Friday, September 22nd. The company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.03. The firm had revenue of $4.39 billion during the quarter, compared to analysts’ expectations of $4.26 billion. CarMax had a return on equity of 21.88% and a net margin of 4.09%. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 EPS. equities research analysts forecast that CarMax Inc will post 3.84 EPS for the current year.
Hedge funds have recently modified their holdings of the stock. Korea Investment CORP raised its stake in CarMax by 140.5% in the 2nd quarter. Korea Investment CORP now owns 1,768 shares of the company’s stock worth $111,000 after acquiring an additional 1,033 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in CarMax in the 2nd quarter worth $112,000. Seven Eight Capital LP purchased a new position in CarMax in the 2nd quarter worth $133,000. Tredje AP fonden purchased a new position in CarMax in the 3rd quarter worth $144,000. Finally, QS Investors LLC raised its stake in CarMax by 1.0% in the 2nd quarter. QS Investors LLC now owns 2,333 shares of the company’s stock worth $147,000 after acquiring an additional 22 shares during the last quarter.
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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.
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