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 $18788.79 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 $1.68 million.
As published in a research note from Stephens on March 26, 2025, Carmax Inc [KMX] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $90 from $86. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in early February. As of December 05, 2024, Stephens has initiated its “an Equal-weight” rating for KMX. Earlier on March 20, 2024, Needham upgraded its rating. Their new recommendation was “a Buy” for KMX stock which previously was a “a Hold”.
Analyzing KMX Stock Performance
During the last five days, there has been a surge of approximately 10.26%. Over the course of the year, Carmax Inc shares have jumped approximately 1.24%. Shares of the company reached a 52-week high of $89.47 on 02/18/25 and a 52-week low of $67.20 on 03/19/25. A 50-day SMA is recorded $80.30, while a 200-day SMA reached $78.90.
Support And Resistance Levels for Carmax Inc (KMX)
According to the 24-hour chart, there is a support level at 79.35, which, if violated, would cause prices to drop to 75.93. In the upper region, resistance lies at 84.49. The next price resistance is at 86.21. RSI (Relative Strength Index) is 65.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.48, which suggests the price will increase in the coming days. Percent R is at 0.13%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
