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Barclays Upgrades CarMax (NYSE:KMX) to "Equal Weight"

Barclays has upgraded CarMax (NYSE:KMX) from an "underweight" to an "equal weight" rating, setting a new price target of $61.00, which represents a potential 9.27% upside. This upgrade comes after CarMax reported better-than-expected quarterly results and saw notable insider stock purchases in late June. …

Barclays upgrades CarMax stock rating on improving growth trends By Investing.com

Barclays has upgraded CarMax Inc. (NYSE:KMX) to Equalweight from Underweight and increased its price target to $61 from $37, citing improving growth trends and increased confidence in management's turnaround strategy. The upgrade is supported by 7.5% growth in its fiscal third quarter and easier …

Barclays drops negative rating on CarMax as turnaround effort gains traction (KMX:NYSE)

Barclays upgraded CarMax (KMX) to Equal Weight from Underweight and raised its price target to $61, citing management's steps to turn the business around. This upgrade reflects a 65% increase in the target price, acknowledging the 51% surge in CarMax's share price. The positive …

Assetmark Inc. Sells 326,237 Shares of CarMax, Inc. $KMX

Assetmark Inc. significantly reduced its stake in CarMax (NYSE:KMX) by 63.5% in the first quarter, selling 326,237 shares and retaining 187,167 shares valued at approximately $7.78 million. Despite CarMax reporting better-than-expected quarterly earnings with EPS of $1.31 and revenue of $8.01 billion, Wall Street …

Bronstein, Gewirtz & Grossman, LLC Encourages CarMax, Inc. (KMX) Shareholders to Inquire about Securities Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of CarMax (NYSE:KMX) shareholders who purchased securities prior to June 20, 2025, and continue to hold them. The investigation focuses on whether CarMax and its officers engaged in corporate wrongdoing. The firm encourages …

CarMax Eyes East Coast Expansion for Omni-Channel Buying Experience

CarMax is expanding its omni-channel buying experience, first launched in Atlanta, to the East Coast, followed by the Midwest and West Coast. This initiative allows customers to buy cars entirely online or blend online and in-store processes, with the goal of making it available …

CarMax, Inc. $KMX Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. significantly increased its stake in CarMax, Inc. (NYSE:KMX) during the first quarter by 28.1%, now owning 156,121 shares valued at $6.49 million. Other institutional investors also adjusted their positions in KMX. The company's recent earnings report showed $1.31 EPS, beating estimates, …

Kinsale Capital Group Inc. Has $6.11 Million Position in CarMax, Inc. $KMX

Kinsale Capital Group Inc. recently increased its stake in CarMax, Inc. by 21.3%, now holding 146,993 shares valued at around $6.11 million. This increase follows CarMax's better-than-expected quarterly results, with EPS of $1.31 and revenue of $8.01 billion, which was up 6.2% year-over-year. Despite …

True North Advisors LLC Takes $3.60 Million Position in CarMax, Inc. $KMX

True North Advisors LLC has acquired a new stake of 86,635 shares in CarMax, valued at approximately $3.6 million, during the first quarter. This comes as CarMax's CEO and a director also made significant stock purchases in June, totaling $735,574. Despite analysts' cautious "Reduce" …

Clifford Swan Investment Counsel LLC Buys 23,486 Shares of CarMax, Inc. $KMX

Clifford Swan Investment Counsel LLC increased its stake in CarMax, Inc. (NYSE:KMX) by 7.8% during the first quarter, acquiring an additional 23,486 shares to reach a total of 324,084 shares valued at $13.5 million. This comes as CarMax recently surpassed quarterly earnings expectations, though …

CarMax (KMX) Is Up 7.2% After Earnings Beat And Governance Probe News - What's Changed

Law firm investigates CarMax for possible breaches of fiduciary duty before June 2025.

Bernstein Liebhard LLP has announced an investigation into CarMax, Inc. concerning potential breaches of fiduciary duty by some of its directors and officers. The investigation is aimed at shareholders who bought CarMax stock before June 20, 2025. Investors are encouraged to contact the law …

CarMax, South Carolina Settle $2.6 Million Transfer Pricing Case

CarMax Auto Superstores Inc. and the state of South Carolina have settled an appeal concerning a $2.6 million corporate income tax assessment. The case revolved around whether CarMax and its related entities should file combined income tax returns, after an administrative law judge ruled …

CARMAX, INC. (KMX) INVESTIGATION ALERT: Bernstein Liebhard Announces Investigation of CarMax, Inc.

Bernstein Liebhard LLP has launched an investigation into CarMax, Inc. (NYSE: KMX) following concerns that certain directors and officers may have breached their fiduciary duties. The law firm is reaching out to CarMax shareholders who acquired stock prior to June 20, 2025, inviting them …

5-Day Rally Sends CarMax Stock Up 17%

CarMax (KMX) stock has seen a significant 5-day rally, increasing by 17%. The article title indicates a strong short-term performance for the company's shares. However, the provided content is largely boilerplate and does not offer substantive details about the reasons behind this rally or …

CarMax Stock Rides A 5-Day Winning Streak To A 17% Gain

CarMax stock (KMX) has experienced a significant 17.2% gain over five consecutive trading days, adding approximately $1.2 billion to its market value. Despite this recent surge, the article notes that the stock's price-to-earnings multiple of 33.8 is higher than the S&P 500 median, and …

KMX Stock Climbs As Turnaround Story Gains Momentum

CarMax Inc. (KMX) saw its stock climb 6.24% following strong used-car demand and better-than-expected Q1 FY27 earnings, despite aggressive pricing that compressed retail gross profit. New CEO Keith Barr's four-pillar turnaround strategy and significant insider buying have boosted analyst confidence, leading to upgrades and …

Why CarMax (KMX) Stock Is Up Today

CarMax (KMX) stock rose 6.2% today, likely due to continued positive sentiment from its better-than-expected June quarterly update, improving outlook on its turnaround plan, and a stable used-vehicle pricing environment. The company's recent Q1 fiscal 2027 results showed increased revenue and unit sales, along …

CarMax Jumps 6.2% Amid Sector-Wide Rally

CarMax shares jumped 6.2% on Wednesday as auto dealership stocks experienced a broad sector-wide rally. The synchronized gains among CarMax, Lithia Motors, and AutoNation suggest improved investor sentiment regarding industry-wide fundamentals, such as consumer demand and financing conditions. CarMax's significant increase, leading its peers, …

CarMax Inc (KMX) brings a 38.8% four-week rebound to earnings week

The used-vehicle retailer has momentum into its June 17 report, but Relative Strength still shows a weaker tape versus the broader screen.

CarMax Inc (KMX) four-week rebound reaches 38.8% before earnings

The used-vehicle retailer reports June 17, with market data showing stronger short-term price action but still-muted relative strength.

CarMax Inc (KMX) reaches earnings week with an active weekly trend

The used-vehicle retailer reports June 17 with investors weighing a recent recovery against still-uneven strength readings.

Erika Carmel-Tech Ltd (TLV:ERKA) Shares Fly 54% But Investors Aren't Buying For Growth