Hsbc Holdings PLC Has $4.83 Million Stock Holdings in CarMax, Inc. $KMX

Posted by Francis Steltz on Jul 25th, 2026

Hsbc Holdings PLC raised its position in CarMax, Inc. (NYSE:KMX – Free Report) by 335.1% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 116,809 shares of the company’s stock after acquiring an additional 89,961 shares during the period. Hsbc Holdings PLC’s holdings in CarMax were worth $4,830,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. SRS Investment Management LLC grew its stake in shares of CarMax by 1,717.5% during the 4th quarter. SRS Investment Management LLC now owns 5,637,803 shares of the company’s stock worth $217,845,000 after acquiring an additional 5,327,603 shares in the last quarter. AQR Capital Management LLC grew its position in CarMax by 151.8% in the fourth quarter. AQR Capital Management LLC now owns 7,930,345 shares of the company’s stock valued at $306,429,000 after purchasing an additional 4,780,903 shares in the last quarter. Norges Bank bought a new position in CarMax in the fourth quarter valued at $159,232,000. Arrowstreet Capital Limited Partnership increased its stake in CarMax by 73.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,522,923 shares of the company’s stock valued at $158,074,000 after buying an additional 1,494,205 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in CarMax by 1,467.5% during the 4th quarter. Renaissance Technologies LLC now owns 1,149,000 shares of the company’s stock worth $44,397,000 after buying an additional 1,075,700 shares in the last quarter.

Insider Activity at CarMax

In other CarMax news, Director Sona Chawla purchased 2,000 shares of the business’s stock in a transaction on Thursday, June 25th. The stock was acquired at an average price of $53.39 per share, with a total value of $106,780.00. Following the acquisition, the director directly owned 21,702 shares of the company’s stock, 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 SEC, which is accessible through this link. Also, Director Peter J. Bensen acquired 2,500 shares of CarMax stock in a transaction on Monday, June 22nd. The shares were bought at an average cost of $52.20 per share, with a total value of $130,500.00. Following the completion of the transaction, the director 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. In the last quarter, insiders have acquired 13,900 shares of company stock worth $735,574. Company insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

KMX has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on shares of CarMax from $37.00 to $38.00 and gave the stock an “underweight” rating in a research note on Thursday, June 18th. Robert W. Baird upped their target price on CarMax from $48.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Bank of America increased their price target on CarMax from $40.00 to $45.00 and gave the company an “underperform” rating in a research report on Wednesday, June 17th. Morgan Stanley boosted their price target on CarMax from $35.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 23rd. Finally, Evercore set a $45.00 price objective on CarMax in a research note on Friday, April 10th. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, CarMax currently has a consensus rating of “Reduce” and a consensus price target of $49.33.

View Our Latest Stock Analysis on CarMax

CarMax Trading Down 0.1%

Shares of NYSE:KMX opened at $58.31 on Friday. CarMax, Inc. has a 52-week low of $30.26 and a 52-week high of $62.56. The company has a debt-to-equity ratio of 2.87, a quick ratio of 0.82 and a current ratio of 2.70. The company has a market capitalization of $8.27 billion, a P/E ratio of 38.11, a price-to-earnings-growth ratio of 1.88 and a beta of 1.17. The company has a 50-day simple moving average of $49.69 and a 200 day simple moving average of $45.18.

CarMax (NYSE:KMX – Get Free Report) last released its quarterly earnings data on Wednesday, June 17th. The company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.35. CarMax had a return on equity of 6.64% and a net margin of 0.84%.The firm had revenue of $8.01 billion for the quarter, compared to analyst estimates of $7.42 billion. During the same quarter in the prior year, the company earned $1.38 earnings per share. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. Sell-side analysts forecast that CarMax, Inc. will post 2.7 earnings per share for the current year.

CarMax Company 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.