As Carmax INC (KMX) Share Price Rose, Holder Sheffield Asset Management LLC Has Boosted Stake

June 14, 2018 - By James Guidry

CarMax, Inc. (NYSE:KMX) LogoInvestors sentiment decreased to 0.89 in 2018 Q1. Its down 0.15, from 1.04 in 2017Q4. It dropped, as 53 investors sold KMX shares while 148 reduced holdings. 54 funds opened positions while 124 raised stakes. 166.76 million shares or 4.50% less from 174.62 million shares in 2017Q4 were reported. First Mercantile has 0.02% invested in CarMax, Inc. (NYSE:KMX) for 1,500 shares. Stifel Fincl, a Missouri-based fund reported 66,631 shares. 861,609 are owned by Legal & General Gru Public Limited Com. 11,236 were accumulated by Shell Asset. Marathon Asset Mgmt Limited Liability Partnership accumulated 974,858 shares or 0.93% of the stock. M&T Bank Corporation owns 0.03% invested in CarMax, Inc. (NYSE:KMX) for 78,301 shares. Sheets Smith Wealth invested in 51,200 shares or 0.76% of the stock. Thrivent Financial For Lutherans invested in 0% or 7,609 shares. State Of Wisconsin Board, Wisconsin-based fund reported 155,823 shares. Moreover, Decatur Cap Mgmt has 1.71% invested in CarMax, Inc. (NYSE:KMX) for 133,906 shares. New York-based Millennium Ltd Liability Com has invested 0% in CarMax, Inc. (NYSE:KMX). New York State Common Retirement Fund has 428,200 shares. First Manhattan invested 0.13% of its portfolio in CarMax, Inc. (NYSE:KMX). Chevy Chase Tru Incorporated reported 152,823 shares. Retirement Of Alabama reported 0.03% of its portfolio in CarMax, Inc. (NYSE:KMX).

Since December 15, 2017, it had 2 insider purchases, and 9 sales for $10.94 million activity. FOLLIARD THOMAS J had sold 50,583 shares worth $3.07M. GRAFTON W ROBERT had bought 35 shares worth $2,280 on Friday, December 29. GOODMAN SHIRA sold $217,767 worth of stock or 3,621 shares. Newberry Darren C had sold 6,584 shares worth $478,064. Bensen Peter J bought $310,600 worth of stock or 5,000 shares. Wood William C Jr. also sold $3.13M worth of CarMax, Inc. (NYSE:KMX) on Tuesday, April 17.

Craig C. Albert increased its stake in Carmax Inc (KMX) by 59.43% based on its latest 2018Q1 regulatory filing with the SEC. Sheffield Asset Management Llc bought 133,300 shares as the company’s stock rose 6.98% while stock markets declined. The hedge fund run by Craig C. Albert held 357,600 shares of the automotive aftermarket company at the end of 2018Q1, valued at $22.15 million, up from 224,300 at the end of the previous reported quarter. Sheffield Asset Management Llc who had been investing in Carmax Inc for a number of months, seems to be bullish on the $13.04 billion market cap company. The stock increased 0.18% or $0.13 during the last trading session, reaching $73.22. About 1.27 million shares traded. CarMax, Inc. (NYSE:KMX) has risen 4.00% since June 14, 2017 and is uptrending. It has underperformed by 8.57% the S&P500.

Another recent and important CarMax, Inc. (NYSE:KMX) news was published by Seekingalpha.com which published an article titled: “CarMax: Buy The Strength” on May 30, 2018.

CarMax, Inc. (NYSE:KMX) Ratings Coverage

Among 9 analysts covering CarMax (NYSE:KMX), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. CarMax had 15 analyst reports since December 22, 2017 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $82.0 target in Thursday, December 21 report. As per Friday, December 22, the company rating was maintained by Susquehanna. The rating was initiated by Guggenheim with “Buy” on Monday, April 16. The stock of CarMax, Inc. (NYSE:KMX) has “Buy” rating given on Monday, January 8 by Berenberg. The company was upgraded on Thursday, April 5 by Buckingham Research. Wedbush maintained the stock with “Buy” rating in Tuesday, May 29 report. The stock of CarMax, Inc. (NYSE:KMX) has “Buy” rating given on Thursday, January 18 by Oppenheimer. Wedbush maintained the stock with “Buy” rating in Friday, December 22 report. The stock of CarMax, Inc. (NYSE:KMX) has “Buy” rating given on Wednesday, April 4 by RBC Capital Markets. As per Thursday, December 21, the company rating was upgraded by Credit Suisse.

CarMax, Inc. (NYSE:KMX) Institutional Positions Chart

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