CarMax (KMX), the used car retail giant, has grabbed the attention of investors, analysts, and industry insiders alike. Various hedge funds and companies like
Mirae Asset Global Investments Co. Ltd,
Entropy Technologies LP, and
Inlet Private Wealth LLC have substantially increased their stakes in
KMX.
Rep. Gilbert Ray Cisneros, Jr. and Essex Financial Services Inc. have also made fresh investments. Despite an insider selling shares worth $1M, there is a fast-paced momentum around
CarMax stock making it still a trading bargain.
CarMax's recent Q3 2025 earnings highlighted strong sales growth promising an improved financial future.
CarMax's Q4 sales also exceeded estimates resulting in a boost to its stock. The corporation is transforming the used car retail sector with its AI integration and significant community impact.
CarMax has announced twelve hiring events, signaling possibilities of expanding its team. Sturdy unit sales and the improved retail sales have lifted
CarMax's stock. However, concerns about its near-term growth outlook and credit risks persist despite strong Q3 results.
Carmax KMX News Analytics from Sat, 18 May 2024 07:00:00 GMT to Sat, 15 Feb 2025 11:20:14 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -2
