Akre Capital Management LLC Increased Its Carmax INC (KMX) Stake

CarMax, Inc. (NYSE:KMX) Corporate LogoDuring Q2 2018 the big money sentiment increased to 1.03. That’s change of 0.14, from 2018Q1’s 0.89. 31 investors sold all, 159 reduced holdings as KMX ratio increased. 117 increased positions while 79 funds bought positions. Funds hold 165.02 million shares thus 1.04% less from 2018Q1’s 166.76 million shares. Mcf Advsr Ltd Liability Corp invested in 250 shs or 0% of the stock. Taylor Frigon Cap Mngmt Ltd Company owns 1.31% invested in CarMax, Inc. (NYSE:KMX) for 24,648 shs. 5,524 are held by Tdam Usa. Budros Ruhlin Roe Inc holds 0.44% of its capital in CarMax, Inc. (NYSE:KMX) for 21,689 shs. Sun Life Financial Inc holds 0% or 483 shs in its capital. 90 are owned by Gemmer Asset Ltd Llc. Steinberg Glob Asset Mgmt invested in 9,785 shs. Ww Asset Mngmt has invested 0.04% in CarMax, Inc. (NYSE:KMX). 42,834 were accumulated by Guggenheim Ltd Liability Com. Quantres Asset Ltd holds 1.82% in CarMax, Inc. (NYSE:KMX) or 43,200 shs. Prudential Financial owns 225,276 shs or 0.02% of their US capital. Geode Mngmt Llc has 2.00M shs. 563,744 were accumulated by Morgan Stanley. Welch & Forbes Ltd Limited Liability Company reported 1.07 million shs. Ckw Grp holds 0% of its capital in CarMax, Inc. (NYSE:KMX) for 12 shs.

KMX had 14 selling transactions and 0 insider purchases since June 26, 2018. This’s net activity of $53.95 million. On Tuesday, June 26 Daniels Jon G had sold 18,484 shs worth $1.40M. Lyski James had sold 3,738 shs worth $281,957 on Tuesday, June 26. Wilson Charles Joseph had sold 5,938 shs worth $451,763. On Tuesday, June 26 the insider FOLLIARD THOMAS J sold $23.81M. Shares for $645,477 were sold by Shamim Mohammad on Wednesday, June 27. 25,221 CarMax, Inc. (NYSE:KMX) shs with value of $1.92M were sold by MARGOLIN ERIC M.

In 2018Q2 Securities and Exchange form is reported Akre Capital Management Llc’s holdings in Carmax Inc (KMX) which was rose by 1.79%. By buying 92,325 shares Akre Capital Management Llc made the stock popped up with 10.38%. At the end of 2018Q2, the hedge fund held 5.25 million shares of the automotive aftermarket company, valued at $382.90 million, up from 5.16M at the end of the previous reported quarter. Akre Capital Management Llc has cut its stake in and also reduced its holding in Enstar Group Limited (NASDAQ:ESGR) by 87,882 shares in the quarter, for a total of 1.32 million shares.

There’s a significant CarMax, Inc. (NYSE:KMX) news released by Seekingalpha.com. It’s an item titled: “Oppenheimer positive on CarMax” on October 24, 2018.

CarMax, Inc. (NYSE:KMX) Ratings Coverage

In total 6 analysts cover CarMax (NYSE:KMX). “Buy” rating has 4, “Sell” are 0, while 2 are “Hold”. (NYSE:KMX) has 67% bullish analysts. 8 are the (NYSE:KMX)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. On Thursday, September 27 Robert W. Baird upgraded the shares of KMX in report to “Outperform” rating. In Monday, June 25 report Credit Suisse maintained the stock with “Buy” rating. The company rating was upgraded by Morgan Stanley on Tuesday, July 10. On Monday, June 25 the firm earned “Buy” rating by Wedbush. On Monday, June 25 the stock has “Hold” rating by Buckingham Research. On Tuesday, May 29 the company was maintained by Wedbush. On Monday, June 25 the firm has “Neutral” rating by Guggenheim given. On Monday, June 25 the firm has “Neutral” rating given by Robert W. Baird.

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

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