Yousif Capital Management LLC Grows Position in CarMax, Inc. $KMX

Yousif Capital Management LLC boosted its stake in CarMax, Inc. (NYSE:KMX) by 114.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 43,028 shares of the company’s stock after buying an additional 22,970 shares during the quarter. Yousif Capital Management LLC’s holdings in CarMax were worth $1,663,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Nexus Investment Management ULC raised its position in CarMax by 0.9% in the 4th quarter. Nexus Investment Management ULC now owns 452,800 shares of the company’s stock valued at $17,496,000 after buying an additional 4,090 shares during the last quarter. Daytona Street Capital LLC purchased a new stake in CarMax in the 4th quarter valued at $135,000. Persium Advisors LLC purchased a new stake in CarMax in the 4th quarter valued at $240,000. Signaturefd LLC raised its position in CarMax by 130.9% in the 4th quarter. Signaturefd LLC now owns 1,217 shares of the company’s stock valued at $47,000 after buying an additional 690 shares during the last quarter. Finally, Oregon Pacific Wealth Management LLC raised its position in CarMax by 33.7% in the 4th quarter. Oregon Pacific Wealth Management LLC now owns 10,750 shares of the company’s stock valued at $415,000 after buying an additional 2,708 shares during the last quarter.

CarMax News Summary

Here are the key news stories impacting CarMax this week:

• Positive Sentiment: Adjusted results and revenue topped expectations (non?GAAP EPS beat and sales above estimates), which supports the view that operations still generate cash when excluding one?time items. CarMax Non?GAAP EPS of $0.34 Beats
• Positive Sentiment: New CEO Keith Barr is rolling out a tech-focused plan to streamline buying/selling and accelerate a strategic turnaround — a potential long?term positive if it improves traffic, conversion and margins. CarMax Bets on Tech to Streamline Used Car Buying Journey
• Neutral Sentiment: Management noted early signs of improving retail volume, but visibility on a durable earnings recovery remains limited — supporting a cautious, patient stance for investors. TipRanks: Early Signs of Volume Improvement
• Neutral Sentiment: Corporate governance/activist pressure and a recent leadership shift keep the stock in investor focus — could amplify moves in either direction depending on execution. CarMax Q4 Preview: Activist Heat, Leadership Shift
• Negative Sentiment: CarMax reported a GAAP quarterly loss driven largely by a goodwill impairment/goodwill charge — a headline item that prompted the market to mark down the stock despite adjusted profitability. Reuters: CarMax posts quarterly loss on goodwill charge
• Negative Sentiment: Management cut retail prices to drive demand; those price cuts compressed used?vehicle gross profit per unit and spurred investor concern that price competition will depress margins near?term. MSN: CarMax Shares Plunge as Used?Car Seller Cuts Prices
• Negative Sentiment: Higher provision for loan losses and weaker total gross profit were called out on the call — a near?term drag from the finance segment that increases earnings uncertainty. QuiverQuant: CarMax slides after Q4 GAAP loss
• Negative Sentiment: Management issued cautious fiscal?2027 commentary; analysts emphasize limited visibility and several have kept Hold/Underweight stances — reinforcing downside risk until execution or demand stabilizes. SeekingAlpha: Patience Can Be Rewarded After Cautious 2027 Guidance

Wall Street Analyst Weigh In

KMX has been the subject of a number of analyst reports. Bank of America increased their price target on CarMax from $27.00 to $31.00 and gave the company an “underperform” rating in a research report on Friday, December 19th. Barclays increased their price target on CarMax from $24.00 to $28.00 and gave the company an “underweight” rating in a research report on Wednesday, January 21st. Stephens increased their price target on CarMax from $39.00 to $43.00 and gave the company an “equal weight” rating in a research report on Thursday, April 2nd. Mizuho lowered their price target on CarMax from $46.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. Finally, Wedbush lowered their price target on CarMax from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. One investment analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, CarMax currently has a consensus rating of “Reduce” and a consensus target price of $39.93.

CarMax Trading Down 15.1%

Shares of CarMax stock opened at $41.69 on Wednesday. CarMax, Inc. has a 1 year low of $30.26 and a 1 year high of $71.99. The firm has a market cap of $5.91 billion, a PE ratio of 13.76, a P/E/G ratio of 1.29 and a beta of 1.30. The stock has a fifty day moving average price of $43.00 and a 200-day moving average price of $41.98. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.99 and a quick ratio of 0.51.

CarMax (NYSE:KMX) last announced its earnings results on Tuesday, April 14th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.16. CarMax had a return on equity of 7.72% and a net margin of 1.77%.The firm had revenue of $5.95 billion during the quarter, compared to analyst estimates of $5.65 billion. During the same period last year, the firm posted $0.58 EPS. The business’s revenue was down 1.0% compared to the same quarter last year. Equities research analysts anticipate that CarMax, Inc. will post 3.23 EPS for the current year.

CarMax Company Profile

CarMax (NYSE: KMX) is a leading retailer of used vehicles in the United States, offering customers a streamlined, no-haggle purchasing experience. The company’s inventory spans a broad range of makes and models, each of which undergoes a comprehensive inspection process before being offered for sale. Customers can shop in person at CarMax’s retail locations or browse the company’s online platform, which provides detailed vehicle histories, virtual tours and contactless purchasing options.

Originally launched in 1993 as a division of Circuit City, CarMax became an independent, publicly traded company in 1997.