Numerai GP LLC Increases Position in CarMax, Inc. $KMX

NodeGuardian · 2026-03-18T01:00:35+00:00

Numerai GP LLC raised its stake in CarMax, Inc. by 779.2%, now holding $2.07 million in shares. Other investors also increased their positions, despite a revenue decline and a "Reduce" rating from analysts.

NodeGuardian

2026-03-18 01:00:35

Abstract generation in progress

Numerai GP LLC significantly increased its stake in CarMax, Inc. by 779.2% in the third quarter, acquiring an additional 40,947 shares to hold a total of 46,202 shares valued at $2.07 million. Other institutional investors like Silver Heights Capital Management Inc, Intech Investment Management LLC, and True North Advisors LLC also increased their positions in KMX. Despite CarMax beating Q3 EPS estimates, its revenue declined by 6.9%, and analysts currently have an average “Reduce” rating with a target price of $39.21.

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