Carmax Inc (KMX): Alan B. Colberg , director of Carmax Inc purchased 1,000 shares on Apr 12, 2016. The Insider buying transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $51.78 per share for a total value of $51,780.00 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.CarMax Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 54 from a previous price target of $53 .The Rating was issued on Apr 8, 2016.CarMax Inc is Downgraded by Sterne Agee CRT to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 28, 2016.CarMax Inc is Downgraded by Northcoast to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 11, 2016.CarMax Inc is Reiterated by Wedbush to Neutral while Lowering the Price Target of the company shares to $ 45 from a previous price target of $52 . The Rating was issued on Jan 19, 2016.
Currently the company Insiders own 1.56% of CarMax Inc shares according to the proxy statements.Institutional Investors own 99.57% of CarMax Inc shares.During last six month period, the net percent change held by insiders has seen a change of -29.24%.
Shares of CarMax Inc (KMX) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.20% at $50.88 with 28,42,205 shares getting traded. Post opening the session at $51.26, the shares hit an intraday low of $50.83 and an intraday high of $52.49 and the price vacillated in this range throughout the day. The company has a market cap of $9,959 M and the number of outstanding shares has been calculated to be 19,57,29,320 shares. The 52-week high of CarMax Inc is $73.76 and the 52-week low is $41.25.
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 Company’s 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 Company’s 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.