Carmax Inc’s filing revealed that its SVP & Chief Product Officer Tuite Tyler unloaded Company’s shares for reported $0.41 million on Jan 28 ’25. In the deal valued at $84.58 per share,4,869 shares were sold. As a result of this transaction, Tuite Tyler now holds 227 shares worth roughly $16189.639999999998.
Then, Tuite Tyler bought 4,869 shares, generating $411,809 in total proceeds.
Before that, Mayor-Mora Enrique N sold 5,000 shares. Carmax Inc shares valued at $407,150 were divested by the EVP & CFO at a price of $81.43 per share. As a result of the transaction, Mayor-Mora Enrique N now holds 20,260 shares, worth roughly $1.44 million.
Evercore ISI upgraded its Carmax Inc [KMX] rating to an Outperform from a an In-line in a research note published on February 06, 2025; the price target was increased to $110 from $90. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early December with a ‘”an Equal-weight”‘ rating. Needham also remained covering KMX and has increased its forecast on March 20, 2024 with a “Buy” recommendation from previously “Hold” rating. Mizuho started covering the stock on March 19, 2024. It rated KMX as “a Neutral”.
Price Performance Review of KMX
On Friday, Carmax Inc [NYSE:KMX] saw its stock fall -0.52% to $71.32. Over the last five days, the stock has gained 2.03%. Carmax Inc shares have fallen nearly -12.77% since the year began. Nevertheless, the stocks have fallen -11.79% over the past one year. While a 52-week high of $91.25 was reached on 02/18/25, a 52-week low of $65.83 was recorded on 03/19/25. SMA at 50 days reached $80.72, while 200 days put it at $78.62.
Levels Of Support And Resistance For KMX Stock
The 24-hour chart illustrates a support level at 70.03, which if violated will result in even more drops to 68.74. On the upside, there is a resistance level at 72.28. A further resistance level may holdings at 73.24. The Relative Strength Index (RSI) on the 14-day chart is 32.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.72%. Stochastics %K at 24.75% 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 2025-02-28, dropping by -0.76 million shares to a total of 11.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 12.06 million shares. There was a decline of -6.68%, which implies that there is a negative sentiment for the stock.