Carmax Inc (KMX) Files Form 4 Insider Selling : Thomas W Jr Reedy Sells 57,795 Shares

Carmax Inc (KMX): Thomas W Jr Reedy , EVP & CFO of Carmax Inc sold 57,795 shares on Jul 14, 2016. The Insider selling transaction was reported by the company on Jul 18, 2016 to the Securities and Exchange Commission. The shares were sold at $55.45 per share for a total value of $3,204,732.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 15, 2016, Jon G Daniels (SVP, CAF) sold 11,191 shares at $55.40 per share price.On Jul 11, 2016, Eric M Margolin (EVP, Gen. Counsel & Secretary) sold 2,000 shares at $52.95 per share price.Also, On May 4, 2016, Thomas J Folliard (CEO) sold 18,906 shares at $52.27 per share price.On Apr 28, 2016, Edgar H Grubb (director) sold 2,000 shares at $55.49 per share price.

Shares of CarMax Inc (KMX) ended Friday, Jul 15, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -0.31% at $55.23 with 15,12,329 shares getting traded. Post opening the session at $55.77, the shares hit an intraday low of $55.09 and an intraday high of $55.78 and the price vacillated in this range throughout the day. The company has a market cap of $10,575 M and the number of outstanding shares has been calculated to be 19,14,75,210 shares. The 52-week high of CarMax Inc is $68.99 and the 52-week low is $41.25.

CarMax Inc Money Flow Index Chart

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.

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