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KAR Auction Services (NYSE:KAR) Insider Thomas J. Caruso unloaded 8,075 shares of the stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $32.27, for a total transaction of $260,580.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Separately, analysts at Ned Davis Research upgraded shares of KAR Auction Services from a “sell” rating to a “neutral” rating in a research note on Monday, May 12th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $32.56.

Shares of KAR Auction Services (NYSE:KAR) traded up 0.09% on Tuesday, hitting $32.37. The stock had a trading volume of 1,313,612 shares. KAR Auction Services has a 52 week low of $23.91 and a 52 week high of $32.65. The stock’s 50-day moving average is $31.30 and its 200-day moving average is $30.11. The company has a market cap of $4.525 billion and a P/E ratio of 76.82.

KAR Auction Services (NYSE:KAR) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.04. The company had revenue of $583.80 million for the quarter, compared to the consensus estimate of $581.95 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Analysts expect that KAR Auction Services will post $1.42 EPS for the current fiscal year.

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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