Yousif Capital Management LLC Has $1.93 Million Stock Holdings in CarMax, Inc. (NYSE:KMX)

Yousif Capital Management LLC trimmed its holdings in CarMax, Inc. (NYSE:KMX) by 6.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 25,190 shares of the company’s stock after selling 1,614 shares during the quarter. Yousif Capital Management LLC’s holdings in CarMax were worth $1,933,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. GAMMA Investing LLC bought a new position in shares of CarMax in the fourth quarter valued at $144,000. MCF Advisors LLC bought a new position in shares of CarMax in the fourth quarter valued at $46,000. Handelsbanken Fonder AB lifted its stake in shares of CarMax by 347.8% in the fourth quarter. Handelsbanken Fonder AB now owns 147,768 shares of the company’s stock valued at $11,340,000 after buying an additional 114,772 shares in the last quarter. CWM LLC lifted its stake in shares of CarMax by 17.6% in the fourth quarter. CWM LLC now owns 4,197 shares of the company’s stock valued at $322,000 after buying an additional 628 shares in the last quarter. Finally, Strata Wealth Advisors LLC bought a new position in shares of CarMax in the fourth quarter valued at $2,133,000.

Wall Street Analyst Weigh In

KMX has been the topic of a number of recent research reports. Wedbush reaffirmed an “outperform” rating and issued a $90.00 price objective on shares of CarMax in a research note on Tuesday, April 16th. Truist Financial dropped their price target on shares of CarMax from $75.00 to $72.00 and set a “hold” rating on the stock in a research report on Friday, April 12th. Robert W. Baird dropped their price target on shares of CarMax from $88.00 to $84.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Mizuho dropped their price target on shares of CarMax from $80.00 to $75.00 and set a “neutral” rating on the stock in a research report on Friday, April 12th. Finally, Oppenheimer reissued an “outperform” rating and set a $105.00 price target on shares of CarMax in a research report on Tuesday, April 9th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $77.42.

CarMax Stock Performance

Shares of KMX stock opened at $67.21 on Thursday. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 1.16 and a beta of 1.61. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.67 and a current ratio of 2.26. CarMax, Inc. has a 52 week low of $59.66 and a 52 week high of $88.22. The firm’s 50-day simple moving average is $77.88 and its two-hundred day simple moving average is $72.14.

CarMax (NYSE:KMX) last announced its quarterly earnings data on Thursday, April 11th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.13). The company had revenue of $5.63 billion during the quarter, compared to the consensus estimate of $5.76 billion. CarMax had a return on equity of 7.26% and a net margin of 1.81%. The business’s revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 EPS. As a group, equities analysts forecast that CarMax, Inc. will post 3.27 earnings per share for the current year.

Insider Transactions at CarMax

In other news, EVP Diane L. Cafritz sold 15,356 shares of CarMax stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $69.53, for a total value of $1,067,702.68. Following the completion of the transaction, the executive vice president now owns 6,977 shares in the company, valued at $485,110.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.66% of the company’s stock.

CarMax Profile

CarMax, Inc, together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions.