Wedbush gives an Outperform recommendation for Carmax Inc (KMX)

Carmax Inc’s filing revealed that its Director STEENROD MITCHELL D acquired Company’s shares for reported $85137.0 on Apr 24 ’25. In the deal valued at $65.49 per share,1,300 shares were bought. As a result of this transaction, STEENROD MITCHELL D now holds 33,577 shares worth roughly $2.18 million.

Then, Tuite Tyler sold 4,869 shares, generating $411,820 in total proceeds. Upon selling the shares at $84.58, the SVP & Chief Product Officer now owns 227 shares.

Before that, Tuite Tyler bought 4,869 shares. Carmax Inc shares valued at $411,809 were divested by the Officer at a price of $84.58 per share.

A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in late March from “an Equal-weight” to “an Overweight”. Evercore ISI also remained covering KMX and has increased its forecast on February 06, 2025 with a “an Outperform” recommendation from previously “an In-line” rating. Stephens started covering the stock on December 05, 2024. It rated KMX as “an Equal-weight”.

Price Performance Review of KMX

On Friday, Carmax Inc [NYSE:KMX] saw its stock fall -1.82% to $64.91. Over the last five days, the stock has lost -1.22%. Carmax Inc shares have fallen nearly -20.61% since the year began. Nevertheless, the stocks have fallen -5.76% over the past one year. While a 52-week high of $91.25 was reached on 02/18/25, a 52-week low of $61.34 was recorded on 05/23/25.

Levels Of Support And Resistance For KMX Stock

The 24-hour chart illustrates a support level at 64.08, which if violated will result in even more drops to 63.25. On the upside, there is a resistance level at 66.07. A further resistance level may holdings at 67.22.

How much short interest is there in Carmax Inc?

A steep rise in short interest was recorded in Carmax Inc stocks on 2025-05-30, growing by 1.79 million shares to a total of 12.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 11.07 million shares. There was a rise of 13.96%, which implies that there is a positive sentiment for the stock.

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