CEO Exit Shock: Recent discussions on social media about CarMax have been dominated by the abrupt termination of CEO Bill Nash, which led to an 11% drop in stock price. Many users expressed concern over the leadership change, seeing it as a sign of deeper issues within the company. The sentiment around this event is largely negative.
Legal Troubles: Another hot topic is the securities fraud lawsuits filed against CarMax, with allegations of concealed demand pull-forward and risks in its auto finance portfolio. Social media chatter reflects growing unease among investors, especially as the stock has hit its lowest levels in over a decade. This discussion carries a worried tone.
Earnings Anticipation: Ahead of the upcoming quarterly earnings report, social media posts show a mix of cautious optimism and pessimism about CarMax’s performance. Some highlight a recent price rebound, while others brace for disappointing results given past misses and margin pressures. The overall mood remains uncertain.
Note: This discussion summary was generated from an AI condensation of post data.
CarMax Insider Trading Activity
CarMax insiders have traded $KMX stock on the open market 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $KMX stock by insiders over the last 6 months:
- MARK F ONEIL purchased 10,816 shares for an estimated $499,807
- JON G DANIELS (EVP, CAF) sold 1,540 shares for an estimated $108,785
- MITCHELL D STEENROD purchased 2,000 shares for an estimated $91,140
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CarMax Hedge Fund Activity
We have seen 292 institutional investors add shares of CarMax stock to their portfolio, and 526 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HOLOCENE ADVISORS, LP removed 3,366,823 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $226,284,173
- PRINCIPAL FINANCIAL GROUP INC removed 2,409,710 shares (-93.7%) from their portfolio in Q3 2025, for an estimated $108,123,687
- DIAMOND HILL CAPITAL MANAGEMENT INC removed 2,128,619 shares (-30.6%) from their portfolio in Q3 2025, for an estimated $95,511,134
- NORGES BANK removed 2,079,043 shares (-40.2%) from their portfolio in Q2 2025, for an estimated $139,732,480
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,494,205 shares (+73.7%) to their portfolio in Q3 2025, for an estimated $67,044,978
- VULCAN VALUE PARTNERS, LLC added 1,338,134 shares (+135.2%) to their portfolio in Q3 2025, for an estimated $60,042,072
- VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. removed 1,335,111 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $59,906,430
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
CarMax Analyst Ratings
Wall Street analysts have issued reports on $KMX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 2 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 11/12/2025
- JP Morgan issued a "Underweight" rating on 11/06/2025
- Baird issued a "Outperform" rating on 09/26/2025
To track analyst ratings and price targets for CarMax, check out Quiver Quantitative's $KMX forecast page.
CarMax Price Targets
Multiple analysts have issued price targets for $KMX recently. We have seen 13 analysts offer price targets for $KMX in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Michael Montani from Evercore ISI Group set a target price of $37.0 on 12/09/2025
- Scott Devitt from Wedbush set a target price of $40.0 on 11/18/2025
- John Babcock from Barclays set a target price of $28.0 on 11/12/2025
- Daniela Haigian from Morgan Stanley set a target price of $35.0 on 11/10/2025
- Scot Ciccarelli from Truist Securities set a target price of $35.0 on 11/07/2025
- Steven Shemesh from RBC Capital set a target price of $34.0 on 11/07/2025
- Rajat Gupta from JP Morgan set a target price of $30.0 on 11/06/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
