New insider activity at CarMax ( (KMX) ) has taken place on October 6, 2025.
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Director Mark Oneil has made a significant investment in CarMax by purchasing 10,816 shares of the company’s stock, valued at $499,807.
Recent Updates on KMX stock
CarMax’s stock has experienced significant analyst downgrades following its fiscal Q2 earnings report, which revealed disappointing results in sales and earnings. Seaport Research downgraded CarMax due to unclear paths to sustained growth, while Evercore ISI and Oppenheimer cited weak Q2 results and potential strategic retrenchment as reasons for their downgrades. The company reported a 5.4% decrease in retail used unit sales and a decline in net earnings per share, with total net sales down 6%. Despite maintaining unit margins, CarMax faces challenges with inventory mismatches and a weakening demand backdrop. The company is focusing on SG&A reductions and launched the ‘Wanna Drive?’ campaign to enhance its omni-channel experience, but analysts remain cautious about its near-term prospects.
Spark’s Take on KMX Stock
According to Spark, TipRanks’ AI Analyst, KMX is a Neutral.
CarMax’s overall stock score is driven by stable financial performance and reasonable valuation, but is significantly impacted by bearish technical indicators and challenges highlighted in the earnings call. The company’s high leverage and declining sales are key concerns, while strategic initiatives offer some optimism for future growth.
To see Spark’s full report on KMX stock, click here.
More about CarMax
YTD Price Performance: -42.85%
Average Trading Volume: 3,615,736
Technical Sentiment Signal: Sell
Current Market Cap: $6.82B