Vision Capital Management reduced stake in CarMax by 0.8% in Q2; CEO William D. Nash sold 120,000 shares.

Vision Capital Management reduced its stake in CarMax, Inc. by 0.8% in Q2, holding 50,455 shares. CarMax reported Q2 earnings of $0.97 per share, surpassing forecasts, but revenue fell short at $7.11 billion. Analysts have varied ratings on the stock, with targets ranging from $70 to $105. CEO William D. Nash sold 120,000 shares, reflecting changes in institutional holdings as other investors adjusted their stakes.

September 10, 2024
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