Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Carmax Inc shares valued at $1,052,472 were purchased by Shamim Mohammad on Jan 08 ’25. At $81.94 per share, Shamim Mohammad acquired 12,845 shares.
Also, Lyski James sold 57,986 shares, netting a total of over 4,717,161 in proceeds. Following the sale of shares at $81.35 each, the insider now holds 22,803 shares.
Before that, Lyski James had added 57,986 shares to its account. In a trade valued at $4,717,412, the Officer bought Carmax Inc shares for $81.35 each.
As published in their initiating research note from Stephens on December 05, 2024, Carmax Inc [KMX] has been an Equal-weight and the price target has been revised to $86. Analysts at Needham upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid March. As of March 19, 2024, Mizuho has initiated its “Neutral” rating for KMX. Earlier on September 25, 2023, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for KMX stock which previously was a “a Neutral”.
Analyzing KMX Stock Performance
During the last five days, there has been a surge of approximately 0.21%. Over the course of the year, Carmax Inc shares have jumped approximately 0.21%. Shares of the company reached a 52-week high of $82.87 on 01/02/25 and a 52-week low of $78.53 on 01/07/25. A 50-day SMA is recorded $80.76, while a 200-day SMA reached $76.88. Nevertheless, trading volume fell to 2.34 million shares from 1.66 million shares the previous day.
Support And Resistance Levels for Carmax Inc (KMX)
According to the 24-hour chart, there is a support level at 79.75, which, if violated, would cause prices to drop to 77.56. In the upper region, resistance lies at 83.12. The next price resistance is at 84.30. RSI (Relative Strength Index) is 49.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.12, which suggests the price will decrease in the coming days. Percent R is at 73.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
