In a filing, Carmax Inc revealed its EVP, Chief Growth & Strat Off Lyski James unloaded Company’s shares for reported $4.72 million on Jan 02 ’25. In the deal valued at $81.35 per share,57,986 shares were sold. As a result of this transaction, Lyski James now holds 22,803 shares worth roughly $1.83 million.
Then, Lyski James bought 57,986 shares, generating $4,717,412 in total proceeds.
Before that, Daniels Jon G sold 10,000 shares. Carmax Inc shares valued at $853,000 were divested by the SVP, CAF at a price of $85.30 per share. As a result of the transaction, Daniels Jon G now holds 995 shares, worth roughly $79669.65.
Stephens initiated its Carmax Inc [KMX] rating to an Equal-weight in a research note published on December 05, 2024; the price target was $86. A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in mid March from “a Hold” to “a Buy”. Mizuho began covering KMX with “Neutral” recommendation on March 19, 2024. Wedbush revised its rating on September 25, 2023. It rated KMX as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of KMX
On Friday, Carmax Inc [NYSE:KMX] saw its stock fall -1.42% to $80.07. Over the last five days, the stock has lost -5.99%. Carmax Inc shares have fallen nearly -2.07% since the year began. Nevertheless, the stocks have risen 10.40% over the past one year. While a 52-week high of $91.25 was reached on 01/02/25, a 52-week low of $65.83 was recorded on 01/03/25. SMA at 50 days reached $80.27, while 200 days put it at $76.95.
Levels Of Support And Resistance For KMX Stock
The 24-hour chart illustrates a support level at 79.27, which if violated will result in even more drops to 78.47. On the upside, there is a resistance level at 81.10. A further resistance level may holdings at 82.12. The Relative Strength Index (RSI) on the 14-day chart is 40.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.15%. Stochastics %K at 3.75% indicates the stock is a buying.
How much short interest is there in Carmax Inc?
A steep rise in short interest was recorded in Carmax Inc stocks on 2024-11-29, dropping by -0.44 million shares to a total of 15.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 15.49 million shares. There was a decline of -2.95%, which implies that there is a negative sentiment for the stock.
