Shamim Mohammad

CARMAX EVP/CITO Mohammad sells 12,845 shares at $81.94; stock down -10.2% from 52-week high, down -10.0% in 30 days

Shamim Mohammad sold 12,845 shares (representing -52.3% of his pre-transaction holdings of 24,583 shares) at $81.94 on 2025-01-08, reducing his stake to 11,738 shares. The sale occurred as KMX trades -10.2% from its 52-week high and -10.0% over the last 30 days, though the stock is up 8.6% over 90 days. Mohammad's prior sell at this ticker on 2024-07-26 posted a -11.8% 90-day return (well-timed by the sell-timing measure), and his cross-ticker track record shows 100% well-timed selling outcomes, suggesting a pattern of selling before declines. Against this backdrop, the substantial reduction of his KMX position arrives during a period of near-term weakness and follows a company facing annual revenue decline of -10.6% and a P/E of 26.11.

EVP and CITO Shamim Mohammad sold 25,000 KMX shares ($2.1M) at $82.26; reduces stake 68.0% to 11.7K shares.

Shamim Mohammad, Executive Vice President and Chief Information and Technology Officer, sold 25,000 shares of CarMax Inc at $82.26 on 2024-07-26, a substantial reduction of 68.0% of his pre-transaction holdings from 36,738 shares to 11,738 shares. The transaction is material in absolute terms at $2,056,500.00 and represents a significant diminution of the executive's personal stake in the company. The sale occurred at a price near the 52-week high of $87.11 (within 4.4% of peak), and follows a period of strong stock performance with 30-day and 90-day gains of 13.5% and 22.5% respectively. The company is facing headwinds with annual revenue declining 10.6% year-over-year, yet carries a relatively high P/E of 32.27, suggesting elevated valuation expectations despite contracting top-line growth.