CarMax, Inc. (KMX)

Shares of CarMax, Inc. (NYSE: KMX - Get Free Report) shot up 8.2% on Wednesday after Robert W. Baird raised their price target on the stock from $44.00 to $48.00. Robert W. Baird currently has an outperform rating on the stock. CarMax traded as high as $46.18 and last traded at $45.7290. 3,042,738 shares were traded

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CarMax appointed InterContinental Hotels Group head Keith Barr as its new CEO today. CarMax's sales have been slumping for three long years, and are in need of a turnaround.

Stocks were poised for a higher open Thursday, a day after major equities indexes ticked lower, with the Dow Jones Industrial Average snapping a three-session winning streak during which it set intraday and closing records each day.

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CarMax on Thursday named Keith Barr as its next chief executive, who will take over the helm at the used-car retailer as it navigates a turnaround plan and lower demand.

The used-car retailer names IHG Hotels & Resorts veteran Keith Barr as its next CEO.

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”) today announced that Keith Barr has been appointed President and Chief Executive Officer, and a member of the Board of Directors (“the Board”), effective March 16, 2026. David McCreight, current Interim President and CEO of CarMax, will transition to his prior duties as an independent Director of the Board. Tom Folliard will remain in his role as Interim Executive Chair of the Board until the Company's Annual M.

Keith Barr, former chief executive of IHG Hotels & Resorts, would bring digital experience to the used-car retailer.

Atlantic Union Bankshares Corp increased its stake in CarMax, Inc. (NYSE: KMX) by 11,029.5% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,156 shares of the company's stock after buying an additional 26,912 shares during the period. Atlantic Union Bankshares Corp's

RICHMOND, VA, Feb. 04, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been recognized by TIME Magazine as one of America's Most Iconic Companies. The project, created in partnership with Statista Inc., marks the 250th anniversary of the United States and honors 250 companies that have become enduring symbols of American business, culture, and identity. This positive recognition reaffirms CarMax's decades-long dedication to providing a transparent and customer-centric experience. CarMax is honored to be included among other automotive brands, including Ford Motor Company, General Motors, and Tesla. CarMax's commitment to innovation and iconic customer experiences has helped make the company the nation's largest retailer of used cars. As the original disruptor of the automotive industry, CarMax's "no-haggle" prices transformed car buying and selling from a stressful, dreaded event into the honest, straightforward experience all people deserve. Today, customers can shop and sell their way, whether that's online, in the store, or a seamless combination of both.

CarMax runs a nationwide network of used car stores and digital channels, offering multi-channel sales and financing to U.S. consumers.

Wealth Enhancement Advisory Services LLC lowered its holdings in CarMax, Inc. (NYSE: KMX) by 53.0% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,551 shares of the company's stock after selling 46,778 shares during the period. Wealth Enhancement Advisory

Cooke and Bieler LP raised its stake in CarMax, Inc. (NYSE: KMX) by 29.1% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,241,359 shares of the company's stock after purchasing an additional 504,794 shares during the quarter. Cooke and Bieler LP owned

Campbell and CO Investment Adviser LLC lessened its stake in shares of CarMax, Inc. (NYSE: KMX) by 86.8% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,315 shares of the company's stock after selling 34,839 shares during

Courant Investment Management sold all 247,520 shares of CarMax in the fourth quarter. The estimated trade size was $11.11 million.