Starboard Value takes a stake worth around $350 million in the used car retailer.

Activist Starboard Pushes for Change at CarMax

09:34am, Wednesday, 11'th Mar 2026
Activist investor Starboard Value has urged urging CarMax's incoming chief executive officer, Keith Barr, to usher in changes and slash costs to revive the used-car retailer.
Activist investor Starboard Value on Wednesday urged CarMax to revamp its digital car-buying and ​selling platform and tighten costs, arguing the ‌used-car retailer has "fallen well short of its u

Starboard Delivers Letter to CarMax

08:00am, Wednesday, 11'th Mar 2026
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of CarMax Inc. (“CarMax” or the “Company”) (NYSE: KMX), today announced
Dimensional Fund Advisors LP grew its position in CarMax, Inc. (NYSE: KMX) by 33.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Co
Blair William and Co. IL decreased its stake in CarMax, Inc. (NYSE: KMX) by 21.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 309,597 shar
Shares of CarMax, Inc. (NYSE: KMX - Get Free Report) have been given an average rating of "Reduce" by the nineteen analysts that are covering the company, Marketbeat reports. Five research analysts ha

Should Value Investors Buy CarMax (KMX) Stock?

10:41am, Tuesday, 03'rd Mar 2026
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has
Retailer brings nationwide inventory and online offer capabilities to OpenAI with the new CarMax App in ChatGPT Retailer brings nationwide inventory and online offer capabilities to OpenAI with the ne
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 outp
Diamond Hill Select Strategy returned 4.41% (net of fees) and the Russell 3000 Index returned 2.40%. General Motors has taken market share while maintaining pricing and growing in the electric vehicle

Why CarMax Stock Just Crashed

01:09pm, Thursday, 12'th Feb 2026
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 intrad
Insight into Wallace Weitz (Trades, Portfolio)'s Strategic Moves in Q4 2025 Wallace Weitz (Trades, Portfolio) recently submitted the 13F filing for the fourth
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