The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Carmax Inc shares valued at $411,809 were purchased by Tuite Tyler on Jan 28 ’25. At $84.58 per share, Tuite Tyler acquired 4,869 shares.
Also, Mayor-Mora Enrique N sold 5,000 shares, netting a total of over 407,150 in proceeds. Following the sale of shares at $81.43 each, the insider now holds 20,260 shares.
Before that, Livesay Jill A had sold 13,009 shares from its account. In a trade valued at $1,053,729, the VP, Controller & PAO traded Carmax Inc shares for $81.00 each. Upon closing the transaction, the insider’s holdings decreased to 13,009 shares, worth approximately $0.81 million.
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 9.49%. Over the course of the year, Carmax Inc shares have jumped approximately 4.82%. Shares of the company reached a 52-week high of $86.34 on 01/29/25 and a 52-week low of $77.00 on 01/13/25. A 50-day SMA is recorded $82.34, while a 200-day SMA reached $76.75. Nevertheless, trading volume fell to 1.42 million shares from 1.4 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 84.97, which, if violated, would cause prices to drop to 84.25. In the upper region, resistance lies at 86.38. The next price resistance is at 87.07. RSI (Relative Strength Index) is 62.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.08, which suggests the price will increase in the coming days. Percent R is at 6.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.