Thomas Folliard, CarMax, Inc. (KMX)’s insider Sold 315,325 Shares; Atlantic Trust Group Has Lowered Its Astrazeneca Plc (AZN) Position

June 29, 2018 - By rebbecca

AstraZeneca PLC (NYSE:AZN) Logo

Atlantic Trust Group Llc decreased Astrazeneca Plc (AZN) stake by 80.22% reported in 2018Q1 SEC filing. Atlantic Trust Group Llc sold 9,281 shares as Astrazeneca Plc (AZN)’s stock rose 8.34%. The Atlantic Trust Group Llc holds 2,289 shares with $80,000 value, down from 11,570 last quarter. Astrazeneca Plc now has $88.52B valuation. The stock increased 1.01% or $0.35 during the last trading session, reaching $34.9. About 2.94 million shares traded. AstraZeneca PLC (NYSE:AZN) has risen 7.86% since June 29, 2017 and is uptrending. It has underperformed by 4.71% the S&P500. Some Historical AZN News: 29/05/2018 – Invokana: The Diabetic Drug That Costs a Limb; 09/04/2018 – Ionis to get up to $300 mln from licensing deal with AstraZeneca; 27/04/2018 – AstraZeneca: EU Recommends Change to Tagrisso Marketing Authorisation; 25/05/2018 – IMFINZI® (Durvalumab) Significantly Improves Overall Survival in the Phase lll Pacific Trial for Unresectable Stage lll Non-Small Cell Lung Cancer; 15/05/2018 – Rexahn Phase 2a Combination Study of RX-3117 and Abraxane in First-line Metastatic Pancreatic Cancer Patients Advances to Second Stage; 03/04/2018 – AstraZeneca PLC Lynparza is Used for Patients With Metastatic Breast Cancer; 24/05/2018 – IMBRUVICA® (IBRUTINIB) PLUS GAZYVA® (OBINUTUZUMAB) PHASE 3; 23/03/2018 – INNATE PHARMA : EXPANSION OF MCRC COHORT IN PHASE l TRIAL EVALUATING MONALIZUMAB WITH IMFINZI; 12/03/2018 – Two PARPi + PD-(L)1 combo data sets in ovarian cancer to be presented as late breaks at #SGO2018 $AZN olaparib + durvalumab in gBRCAm platinum-sensitive relapsed OC $TSRO niraparib + pembrolizumab in platinum-resistant OC; 24/04/2018 – AstraZeneca’s Imfinzi/tremelimumab combo fizzles again on lung cancer $AZN

More recent AstraZeneca PLC (NYSE:AZN) news were published by: Streetinsider.com which released: “AstraZeneca (AZN) Says Lynparza met Primary Endpoint of PFS in Women with BRCA-mutated Advanced Ovarian …” on June 27, 2018. Also Streetinsider.com published the news titled: “BMO Has Increased Confidence In AstraZeneca (AZN) After Non Deal Roadshow” on June 27, 2018. Fool.com‘s news article titled: “Long-Term Investors Take Note — These 5 Big Pharma Companies Have the Best Pipelines” with publication date: June 24, 2018 was also an interesting one.

Analysts await AstraZeneca PLC (NYSE:AZN) to report earnings on July, 26. They expect $0.37 EPS, down 57.47% or $0.50 from last year’s $0.87 per share. AZN’s profit will be $938.50 million for 23.58 P/E if the $0.37 EPS becomes a reality. After $0.48 actual EPS reported by AstraZeneca PLC for the previous quarter, Wall Street now forecasts -22.92% negative EPS growth.

Atlantic Trust Group Llc increased Te Connectivity Ltd (NYSE:TEL) stake by 7,945 shares to 192,399 valued at $19.22M in 2018Q1. It also upped Shell Midstream Partners LP stake by 888,185 shares and now owns 2.14M shares. Independent Bk Group Inc (NASDAQ:IBTX) was raised too.

Among 4 analysts covering AstraZeneca (NYSE:AZN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. AstraZeneca had 5 analyst reports since January 18, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Monday, February 5 by Bernstein. On Monday, March 19 the stock rating was upgraded by Jefferies to “Buy”. The firm earned “Market Perform” rating on Tuesday, February 6 by Leerink Swann. The firm has “Hold” rating given on Tuesday, June 12 by Morningstar. The rating was maintained by Leerink Swann on Thursday, January 18 with “Hold”.

The stock decreased 1.16% or $0.86 during the last trading session, reaching $73.45. About 2.60M shares traded or 29.42% up from the average. CarMax, Inc. (NYSE:KMX) has risen 4.00% since June 29, 2017 and is uptrending. It has underperformed by 8.57% the S&P500. Some Historical KMX News: 04/04/2018 – CarMax Plans to Open 15 Stores in Fiscal 2019; 19/04/2018 – Carmax Announces Appointment of Cam B. Grundstrom as Chief Operating Officer; 04/04/2018 – CarMax 4Q Net $122.1M; 04/04/2018 – CARMAX INC – CURRENTLY PLAN TO OPEN 15 STORES IN FISCAL 2019 AND BETWEEN 13 AND 16 STORES IN FISCAL 2020; 04/04/2018 – CarMax 4Q EPS 67c; 04/04/2018 – CARMAX 4Q REV. $4.08B, EST. $4.18B; 04/05/2018 – Fitch Affirms CarMax Auto Owner Trust 2015-3 and 2017-3; 12/04/2018 – Fitch to Rate CarMax Auto Owner Trust 2018-2; Issues Presale; 04/04/2018 – CARMAX 4Q ADJ EPS 77C, EST. 87C; 04/04/2018 – CarMax Plans to Open 13-16 Stores in Fiscal 2020

Among 9 analysts covering CarMax (NYSE:KMX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. CarMax has $90 highest and $63 lowest target. $80.67’s average target is 9.83% above currents $73.45 stock price. CarMax had 16 analyst reports since January 8, 2018 according to SRatingsIntel. On Friday, April 6 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Buy” rating by Credit Suisse given on Monday, June 25. The stock of CarMax, Inc. (NYSE:KMX) earned “Buy” rating by Wedbush on Tuesday, May 29. RBC Capital Markets maintained it with “Buy” rating and $78.0 target in Monday, February 12 report. The rating was maintained by Robert W. Baird with “Neutral” on Monday, June 25. The firm earned “Buy” rating on Monday, June 25 by Wedbush. On Monday, June 25 the stock rating was downgraded by Buckingham Research to “Hold”. The firm has “Buy” rating given on Monday, April 16 by Guggenheim. Berenberg upgraded CarMax, Inc. (NYSE:KMX) on Monday, January 8 to “Buy” rating. On Thursday, January 18 the stock rating was upgraded by Oppenheimer to “Buy”.

Deal amounting to about $23,812,607 U.S. Dollars was published in a public form submitted to the Security Exchange Commission on 28/06/2018. According to which, Thomas Folliard, the director of Carmax Inc also an insider of the ‘s company had unloaded a total of 315,325 shares – ( at $75.5 a share ). This massive stocks unloading will probably draw attention, as he presently has in hand 0.14% of the stock market cap of the Company.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.15, from 1.04 in 2017Q4. It turned negative, as 53 investors sold CarMax, Inc. shares while 148 reduced holdings. 54 funds opened positions while 124 raised stakes. 166.76 million shares or 4.50% less from 174.62 million shares in 2017Q4 were reported. Old Mutual Customised Solutions (Proprietary) Ltd stated it has 13,202 shares. Moreover, Mar Vista Inv Partners Ltd has 1.46% invested in CarMax, Inc. (NYSE:KMX). Bnp Paribas Arbitrage Sa reported 0% in CarMax, Inc. (NYSE:KMX). Fjarde Ap owns 53,058 shares or 0.05% of their US portfolio. Two Sigma owns 14,200 shares. Massmutual Tru Fsb Adv owns 67,575 shares. Chevy Chase Tru holds 0.04% or 152,823 shares in its portfolio. Liberty Mutual Gru Asset has invested 0.01% in CarMax, Inc. (NYSE:KMX). National Pension Serv reported 0.07% stake. Brandywine Global Inv Mgmt Lc reported 0.07% stake. Tower Cap Limited Liability Corp (Trc) invested in 81 shares or 0% of the stock. Selz Limited Liability Corporation holds 1.22% or 128,105 shares. 248,525 were accumulated by Sei Invests Com. Jpmorgan Chase & holds 0% or 190,258 shares in its portfolio. Dodge And Cox holds 0% or 23,600 shares in its portfolio.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $12.98 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 19.4 P/E ratio. It offers clients a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to clients at the time of sale.

More notable recent CarMax, Inc. (NYSE:KMX) news were published by: Seekingalpha.com which released: “When A Hold Is The Best Investing Advice” on June 27, 2018, also Fool.com with their article: “CarMax Sales Trends Improve as Pricing Pressures Ease” published on June 26, 2018, Globenewswire.com published: “Investor Expectations to Drive Momentum within Intrepid Potash, Portland General Electric, CarMax, Boyd Gaming ..” on June 26, 2018. More interesting news about CarMax, Inc. (NYSE:KMX) were released by: Nasdaq.com and their article: “Why the Market Got Revved Up About CarMax and Winnebago Last Week” published on June 27, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open Movers 06/22: (WSC) (TNDM) (KMX) Higher; (GRBK) (RHT) (YTRA) Lower (more..)” with publication date: June 22, 2018.

Since January 16, 2018, it had 1 buy, and 9 selling transactions for $10.94 million activity. On Wednesday, April 18 the insider MARGOLIN ERIC M sold $1.28 million. Shares for $478,064 were sold by Newberry Darren C on Tuesday, January 16. 49,714 shares were sold by Wood William C Jr., worth $3.13 million. On Tuesday, January 16 the insider FOLLIARD THOMAS J sold $579,200. GOODMAN SHIRA sold 3,621 shares worth $217,767. 5,000 shares valued at $310,600 were bought by Bensen Peter J on Friday, April 6.

CarMax, Inc. (NYSE:KMX) Institutional Positions Chart