Peter Bensen Acquires Shares in CarMax, Inc.
Peter Bensen purchased 2,500 shares of CarMax, Inc. valued at $130,500.
Key Points
- Peter Bensen bought 2,500 shares of CarMax, Inc. (NYSE:KMX) on June 22, 2026, for $130,500.
- Shares of CarMax traded near $51.55 on Thursday, with a market cap of about $7.44 billion.
- Analysts from Morgan Stanley and UBS maintained 'hold' ratings with targets of $44 and $57, respectively.
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Peter Bensen made a move on June 22, 2026, by purchasing 2,500 shares of CarMax, Inc. (NYSE:KMX). The total transaction was valued at $130,500, with an average price of $52.20 per share.
Insider Buying and Selling at CarMax, Inc.
On June 22, 2026, Peter Bensen bought 2,500 shares of CarMax at an average price of $52.20, totaling $130,500. This transaction was not part of a pre-arranged trading plan. Additionally, on the same day, CarMax's CEO, Keith Barr, acquired 9,400 shares at $53.01 each. Another insider, Thomas Folliard, was active on June 23, both buying 14,855 shares and selling 3,618 shares at $51.91.
CarMax, Inc. Stock Down 17.0%
Shares of CarMax, Inc. (NYSE:KMX) traded around $51.55 on Thursday. The company has a market capitalization of approximately $7.44 billion and a P/E ratio of 32.5. Its forward P/E ratio stands at 17.5, with a beta of 1.202. Over the past 52 weeks, the stock has ranged from $30.26 to $71.99. CarMax's 50-day moving average is $42.39, and its 200-day moving average is $43.49.
$KMX stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 23, 2026, Morgan Stanley maintained its 'hold' rating for CarMax with a price target of $44. UBS also kept a 'hold' rating, setting a target at $57. Meanwhile, Barclays maintained a 'sell' rating on June 22, with a target of $37. Overall, the consensus is a 'hold' with an average target price of $49.46, based on 13 analyst opinions.
About CarMax, Inc.
CarMax, Inc., based in Richmond, Virginia, is a leading retailer of used vehicles in the United States. Operating through two main segments, CarMax Sales Operations and CarMax Auto Finance, the company offers a wide range of used vehicles, including domestic, imported, luxury, hybrid, and electric options. CarMax also provides financing solutions and vehicle repair services. Led by CEO Keith Barr, CarMax employs around 28,000 people.
Bottom Line
Peter Bensen's recent purchase of CarMax shares highlights ongoing insider interest in the company. Investors often track such transactions for potential insights, although 13F filings and insider trades are historical and may not reflect current holdings. CarMax's stock performance and analyst ratings suggest a cautious market outlook.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.