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 $411,820 were sold by Tuite Tyler on Jan 28 ’25. At $84.58 per share, Tuite Tyler sold 4,869 shares. The insider’s holdings dropped to 227 shares worth approximately $16466.58 following the completion of this transaction.
Also, Tuite Tyler purchased 4,869 shares, netting a total of over 411,809 in proceeds.
Before that, Mayor-Mora Enrique N had sold 5,000 shares from its account. In a trade valued at $407,150, the EVP & CFO traded Carmax Inc shares for $81.43 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $1.47 million.
As published in a research note from Evercore ISI on February 06, 2025, Carmax Inc [KMX] has been rated up from an In-line to an Outperform and the price target has been revised to $110 from $90. Analysts at Stephens started covering the stock with ‘”an Equal-weight”‘ outlook in a report released in early December. As of March 20, 2024, Needham has increased its “Hold” rating to a “Buy” for KMX. Earlier on March 19, 2024, Mizuho initiated its rating. Their recommendation was “a Neutral” for KMX stock.
Analyzing KMX Stock Performance
During the last five days, there has been a drop of approximately -8.29%. Over the course of the year, Carmax Inc shares have dropped approximately -11.28%. Shares of the company reached a 52-week high of $89.47 on 02/18/25 and a 52-week low of $70.86 on 03/11/25. A 50-day SMA is recorded $82.18, while a 200-day SMA reached $78.58.
Support And Resistance Levels for Carmax Inc (KMX)
According to the 24-hour chart, there is a support level at 71.58, which, if violated, would cause prices to drop to 70.63. In the upper region, resistance lies at 73.85. The next price resistance is at 75.15. RSI (Relative Strength Index) is 22.91 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.27, which suggests the price will decrease in the coming days. Percent R is at 89.18%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
