Large Inflow of Money Witnessed in CarMax Inc

The shares of CarMax Inc (NYSE:KMX) traded with a loss of -2.48 points or -4.9% in the most recent session. The shares last traded at $48.15. As per the trading info, the shares saw $107.76 million in upticks and lost $100.87 million in downticks, resulting in a net money flow of $6.89 million. The up/down ratio for the day was measured at 1.07. For the week, the shares had posted -3.93%.From the block trade data available, the total upticks were valued at $24.23 million and the total downticks were valued at $15.42 million, thereby putting the up/down ratio at 1.57. The net money flow for the block transaction was $8.81 million.


The stock has recorded a 20-day Moving Average of 6.64% and the 50-Day Moving Average is 7.5%. The company shares have dropped 26.33% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $69.15 and one year low was seen on February 3, 2016 at $41.25. The 50-day moving average is $51.44 and the 200 day moving average is recorded at $50.4. S&P 500 has rallied 1.93% during the last 52-weeks.

CarMax Inc (NYSE:KMX): The stock opened at $49.11 on Tuesday but the bulls could not build on the opening and the stock topped out at $49.64 for the day. The stock traded down to $47.90 during the day, due to lack of any buying support eventually closed down at $48.14 with a loss of -4.92% for the day. The stock had closed at $50.63 on the previous day. The total traded volume was 9,808,106 shares.

Currently the company Insiders own 1.7% of CarMax Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.8% . During last six month period, the net percent change held by insiders has seen a change of -3.8%. On the companys insider trading activities,The director officer (CEO) of Carmax Inc, Folliard Thomas J sold 18,906 shares at $52.27 on May 2, 2016. The Insider selling transaction had a total value worth of $988,217. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

CarMax, Inc. (CarMax) is a holding company engaged in providing used vehicles and related products and services. The Company operates through two business segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Companys CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. The CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. The Companys CAF segment consists of its own finance operation that provides vehicle financing through CarMax stores. The CAF products and services include retail merchandising, wholesale auctions, extended protection plans (EPPs), reconditioning and service, and customer credit.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.