Carmax Inc’s recent filing unveils that its EVP & CFO Mayor-Mora Enrique N unloaded Company’s shares for reported $0.41 million on Jan 15 ’25. In the deal valued at $81.43 per share,5,000 shares were sold. As a result of this transaction, Mayor-Mora Enrique N now holds 20,260 shares worth roughly $1.61 million.
Then, Livesay Jill A sold 13,009 shares, generating $1,053,729 in total proceeds. Upon selling the shares at $81.00, the VP, Controller & PAO now owns 9,448 shares.
Before that, Mayor-Mora Enrique N bought 5,000 shares. Carmax Inc shares valued at $407,133 were divested by the Officer at a price of $81.43 per share.
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 Tuesday, Carmax Inc [NYSE:KMX] saw its stock jump 0.71% to $79.50. Over the last five days, the stock has gained 1.27%. Carmax Inc shares have fallen nearly -2.76% since the year began. Nevertheless, the stocks have risen 15.96% 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 01/13/25. SMA at 50 days reached $81.58, while 200 days put it at $76.66.
Levels Of Support And Resistance For KMX Stock
The 24-hour chart illustrates a support level at 78.55, which if violated will result in even more drops to 77.59. On the upside, there is a resistance level at 80.36. A further resistance level may holdings at 81.21. The Relative Strength Index (RSI) on the 14-day chart is 44.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.63%. Stochastics %K at 28.69% indicates the stock is a holding.
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.
