LAD Stock: Insider Activity, Filings & Research
Drillr aggregates AI research, SEC filings, earnings signals and alt-data for LAD. 5 published articles.
Insider Activity
Over the trailing 90-day window, LAD insiders completed three open-market sales totaling $175.0K with no offsetting purchases, resulting in a net insider selling position and an insider sentiment score of 0/100. Notable transactions include sales by director Bailey Richard J Jr ($83.3K on 2026-05-27), director McIntyre Shauna ($72.2K on 2026-05-12), and director Loretz Congdon Stacy ($19.4K on 2026-03-13). The stock returned 8.7% over the three-month period while institutional 13F positioning showed mixed trends. The absence of cluster buying and first-buy-in-quarters activity underscores the one-directional nature of insider activity.
Updated Jun 4, 2026 · based on SEC Form 4 filings · not investment advice
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 27, 2026 | Bailey Richard J Jrdirector | Sell | 297 | $280.57 |
| May 12, 2026 | McIntyre Shaunadirector | Sell | 245 | $294.64 |
| May 1, 2026 | Miramontes Louisdirector | Grant | 715 | — |
| May 1, 2026 | McKinney Cassandra M.director | Grant | 715 | — |
| May 1, 2026 | Lentz James E.director | Grant | 715 | — |
| May 1, 2026 | DEBOER SIDNEY Bdirector | Grant | 715 | — |
| May 1, 2026 | Loretz Congdon Stacydirector | Grant | 715 | — |
| May 1, 2026 | McIntyre Shaunadirector | Grant | 715 | — |
| May 1, 2026 | Huskins Priya Cheriandirector | Grant | 715 | — |
| May 1, 2026 | Bailey Richard J Jrdirector | Grant | 715 | — |
| May 1, 2026 | O'NEILL HEIDIdirector | Grant | 1,082 | — |
| May 1, 2026 | DEBOER SIDNEY Bdirector | Tax | 58 | $290.12 |
| Mar 13, 2026 | Loretz Congdon Stacydirector | Sell | 75 | $259.33 |
| Mar 4, 2026 | DEBOER SIDNEY Bdirector | Tax | 54 | $279.58 |
| Jan 12, 2026 | Stork Davidofficer: Chief Administrative Officer | Grant | 479 | — |
Source: LAD SEC Form 4 filings, latest May 27, 2026. For informational purposes only — not investment advice.
Research
Is CarMax's $150M SG&A target enough to close the margin gap with AutoNation and Lithia?
CarMax's $150M SG&A savings target would close the overhead efficiency gap with franchised peers like AutoNation and Lithia on a gross-profit-absorption basis, but would only narrow the operating margin gap by about one-third. The remaining shortfall stems from CarMax's structurally lower gross margins inherent to its pure used-car model.
KMXANGPIWill CarMax's new CEO accelerate share buybacks given the stock is down 41% in 12 months?
CarMax has aggressively accelerated share buybacks from $94M in FY2024 to $589M through three quarters of FY2026, while the stock trades near book value at $42.50 after a 41% decline. With $1.74 billion in remaining authorization and strong free cash flow, the incoming permanent CEO will face a compelling valuation case for further acceleration, though elevated debt levels and operational turnaround needs may temper the pace.
KMXANCan Starboard squeeze meaningful margin from CarMax's 2.5% EBIT margin without disrupting the omnichannel pivot?
Starboard Value has nominated two directors to CarMax's board, targeting the company's 2.5% EBIT margin that trails peers AutoNation (4.5%) and Lithia (4.1%) by 160-200 basis points. The activist's cost-cutting playbook faces a core tension: CarMax's $150M SG&A savings initiative may not close the margin gap, but deeper cuts risk undermining the omnichannel platform that differentiates the company from both franchise dealers and Carvana.
KMXCVNAANHow does Starboard's KMX campaign compare to past activist wins in auto retail like Carvana and Lithia?
Starboard Value's proxy fight at CarMax targets a company with 2.5% EBIT margins and -41% one-year stock returns, significantly trailing peers Carvana (9.3% EBIT margin), Lithia Motors (4.1%), and Group 1 Automotive (4.2%). While Carvana's turnaround from near-bankruptcy shows dramatic margin improvement is possible in auto retail, CarMax's $19.4B debt load and declining quarterly earnings present a more complex challenge for activist-driven transformation.
KMXCVNAGPIIf Starboard Wins Board Seats at CarMax, Which Operational Levers Gets Pulled First?
Starboard Value's proxy contest at CarMax targets a business where operating margins have compressed from 4.7% to 2.8%, ROIC sits at just 3.1% versus peers at 7-10%, and SG&A has ballooned to 8.6% of revenue. If Starboard wins board seats, the most immediate operational levers are SG&A reduction (estimated $300M+ opportunity), inventory velocity improvement, CarMax Auto Finance balance-sheet optimization, and potential store footprint rationalization. The peer comparison to AutoNation and Lithia Motors provides a clear benchmark for what disciplined capital allocation and cost control can achieve.
KMXAN
Track LAD with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free