12,331 Shares in CarMax, Inc. $KMX Acquired by Moore Capital Management LP

Posted by Brenda Bartman on Sep 2nd, 2026

Moore Capital Management LP bought a new stake in shares of CarMax, Inc. (NYSE:KMX – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor bought 12,331 shares of the company’s stock, valued at approximately $652,000.

Several other institutional investors also recently bought and sold shares of the company. Two Sigma Securities LLC grew its holdings in CarMax by 36.6% in the second quarter. Two Sigma Securities LLC now owns 21,833 shares of the company’s stock worth $1,155,000 after purchasing an additional 5,846 shares during the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of CarMax during the 2nd quarter valued at $50,668,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of CarMax by 7.8% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 468,737 shares of the company’s stock valued at $24,792,000 after purchasing an additional 33,851 shares during the last quarter. United Capital Financial Advisors LLC acquired a new stake in shares of CarMax in the 2nd quarter worth $1,730,000. Finally, Centaurus Financial Inc. acquired a new stake in shares of CarMax in the 2nd quarter worth $644,000.

CarMax Price Performance

NYSE KMX opened at $61.03 on Wednesday. The company has a debt-to-equity ratio of 2.87, a current ratio of 2.70 and a quick ratio of 0.82. The stock’s fifty day moving average price is $57.15 and its 200 day moving average price is $47.81. CarMax, Inc. has a 1 year low of $30.26 and a 1 year high of $65.28. The company has a market cap of $8.66 billion, a price-to-earnings ratio of 39.89, a PEG ratio of 2.81 and a beta of 1.17.

CarMax (NYSE:KMX – Get Free Report) last issued its earnings results on Wednesday, June 17th. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.35. CarMax had a return on equity of 6.64% and a net margin of 0.84%.The company had revenue of $8.01 billion during the quarter, compared to analyst estimates of $7.42 billion. During the same quarter last year, the business posted $1.38 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. As a group, equities research analysts forecast that CarMax, Inc. will post 2.73 earnings per share for the current year.

Insider Activity

In other news, Director Sona Chawla acquired 2,000 shares of CarMax stock in a transaction dated Thursday, June 25th. The stock was purchased at an average cost of $53.39 per share, for a total transaction of $106,780.00. Following the completion of the purchase, the director directly owned 21,702 shares in the company, valued at $1,158,669.78. This trade represents a 10.15% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter J. Bensen bought 2,500 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were purchased at an average cost of $52.20 per share, with a total value of $130,500.00. Following the acquisition, the director directly owned 24,796 shares of the company’s stock, valued at approximately $1,294,351.20. This trade represents a 11.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 13,900 shares of company stock valued at $735,574. Company insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on KMX. Stephens raised CarMax from an “equal weight” rating to an “overweight” rating and set a $66.00 target price on the stock in a research report on Thursday, June 18th. Benchmark reissued a “hold” rating on shares of CarMax in a report on Thursday, June 18th. Royal Bank Of Canada boosted their price target on CarMax from $41.00 to $45.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Weiss Ratings upgraded shares of CarMax from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 20th. Finally, Mizuho increased their price objective on shares of CarMax from $38.00 to $43.00 and gave the company a “neutral” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, CarMax has an average rating of “Hold” and a consensus price target of $51.00.

Check Out Our Latest Stock Analysis on KMX

CarMax Profile

(Free Report)

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.