BML Capital Bets $6 Million on CarMax Turnaround Amid 47% Yearly Decline
ByAinvest
Tuesday, Feb 3, 2026 4:57 pm ET1min read
KMX--
BML Capital Management has acquired 155,000 shares of CarMax stock, valued at $5.99 million, representing 5.18% of the firm's reported 13F assets under management. The new position in CarMax, a used vehicle retailer, comes despite the company's shares being down 46.84% over the past year. BML Capital's buy elevates CarMax to one of the most concentrated bets in its portfolio, dominated by early-stage biotech and asymmetric growth names.
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