William Nash, President & CEO of CarMax Inc (KMX, Financial), executed a sale of 102,775 shares in the company on December 26, 2023, according to a recent SEC Filing. CarMax Inc is a retailer of used vehicles and also provides auto financing services through its CarMax Auto Finance division. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance.
Over the past year, the insider has sold a total of 273,421 shares and purchased a total of 8,220 shares. The recent transaction is part of a series of sales by the insider, indicating a trend in insider trading activity.
The insider transaction history for CarMax Inc shows a pattern of insider sales, with 11 insider sells recorded over the past year and only 1 insider buy during the same period.
On the day of the insider's recent sale, shares of CarMax Inc were trading at $75.09, giving the company a market capitalization of $12.126 billion.
The stock's price-earnings ratio stands at 24.36, which is above both the industry median of 17.24 and the company's historical median price-earnings ratio.
With the current share price of $75.09 and a GuruFocus Value of $80.55, CarMax Inc has a price-to-GF-Value ratio of 0.93, suggesting that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
