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KAR Auction Services (NYSE:KAR) Insider Thomas J. Caruso sold 5,000 shares of the company’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $27.86, for a total value of $139,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of KAR Auction Services (NYSE:KAR) traded down 1.40% during mid-day trading on Monday, hitting $27.50. 1,686,981 shares of the company’s stock traded hands. KAR Auction Services has a 52-week low of $19.06 and a 52-week high of $30.46. The stock has a 50-day moving average of $28.86 and a 200-day moving average of $27.83. The company has a market cap of $3.818 billion and a price-to-earnings ratio of 36.22.

KAR Auction Services (NYSE:KAR) last announced its earnings results on Wednesday, November 6th. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.28 by $0.01. The company had revenue of $533.70 million for the quarter, compared to the consensus estimate of $510.71 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 12.4% on a year-over-year basis. Analysts expect that KAR Auction Services will post $1.20 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “buy” rating on shares of KAR Auction Services in a research note to investors on Friday, November 8th. They now have a $34.00 price target on the stock. Separately, analysts at BB&T Corp. raised their price target on shares of KAR Auction Services to $33.00 in a research note to investors on Friday, November 8th. They now have a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of KAR Auction Services from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, November 6th. They now have a $30.80 price target on the stock. Nine investment analysts have rated the stock with a buy rating, KAR Auction Services has an average rating of “Buy” and a consensus target price of $31.80.

KAR Auction Services, Inc, is a provider of vehicle auction services in North America. The Company operates in three business segments: ADESA, Inc (NYSE:KAR), Insurance Auto Auctions, Inc (IAAI) and Automotive Finance Corporation (AFC).

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