New insider activity at CarMax ( (KMX) ) has taken place on April 26, 2025.
Director Mitchell Steenrod has made a significant investment in CarMax by purchasing 1,300 shares of the company’s stock, valued at $85,137.
Recent Updates on KMX stock
CarMax Inc recently reported strong Q4 earnings, showcasing significant growth across various metrics. The company achieved record vehicle purchases and a notable 81% year-over-year increase in earnings per share, driven by strategic cost management and expansion in digital sales. Retail and wholesale unit sales saw increases, reflecting CarMax’s effective market demand capture. Despite challenges such as declining wholesale gross profit per unit and service profitability, the company’s robust digital expansion and strategic initiatives provide a solid foundation for future growth. Analysts have upgraded CarMax’s stock rating, citing valuation alignment with long-term averages, consistent operational performance, and potential marginal benefits from tariff scenarios as key reasons for the positive outlook.
Spark’s Take on KMX Stock
According to Spark, TipRanks’ AI Analyst, KMX is a Neutral.
CarMax’s stock score reflects a blend of positive sentiment from strong earnings and strategic initiatives against a backdrop of financial challenges and bearish technical indicators. The balance sheet strength and strategic digital focus provide a foundation for potential growth, but revenue declines and profitability pressures remain key risks.
To see Spark’s full report on KMX stock, click here.
More about CarMax
YTD Price Performance: -19.13%
Average Trading Volume: 2,763,797
Technical Sentiment Signal: Strong Buy
Current Market Cap: $10.03B