Kearny Financial Corp.’s recent filing unveils that its SEVP and CFO Suchodolski Keith acquired Company’s shares for reported $11740.0 on Mar 18 ’24. In the deal valued at $5.87 per share,2,000 shares were bought. As a result of this transaction, Suchodolski Keith now holds 82,648 shares worth roughly $0.51 million.
Then, BILOTTA ANTHONY V JR bought 2,000 shares, generating $11,700 in total proceeds. Upon buying the shares at $5.85, the EVP and Chief Banking Officer now owns 79,761 shares.
Before that, Joyce Patrick M sold 3,500 shares. Kearny Financial Corp. shares valued at $21,597 were divested by the EVP and CLO at a price of $6.17 per share. As a result of the transaction, Joyce Patrick M now holds 48,331 shares, worth roughly $0.3 million.
Compass Point upgraded its Kearny Financial Corp. [KRNY] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Compass Point’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Neutral”. Piper Sandler also remained covering KRNY and has decreased its forecast on January 06, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. Piper Sandler revised its rating on April 06, 2020. It rated KRNY as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of KRNY
On Friday, Kearny Financial Corp. [NASDAQ:KRNY] saw its stock fall -2.07% to $6.16. Over the last five days, the stock has lost -4.35%. Kearny Financial Corp. shares have fallen nearly -31.33% since the year began. Nevertheless, the stocks have fallen -23.10% over the past one year. While a 52-week high of $9.46 was reached on 01/02/24, a 52-week low of $5.78 was recorded on 03/18/24. SMA at 50 days reached $6.49, while 200 days put it at $7.41. A total of 0.8 million shares were traded, compared to the trading of 0.47 million shares in the previous session.
Levels Of Support And Resistance For KRNY Stock
The 24-hour chart illustrates a support level at 6.08, which if violated will result in even more drops to 6.01. On the upside, there is a resistance level at 6.30. A further resistance level may holdings at 6.45. The Relative Strength Index (RSI) on the 14-day chart is 45.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.13%. Stochastics %K at 66.54% indicates the stock is a holding.
How much short interest is there in Kearny Financial Corp.?
A steep rise in short interest was recorded in Kearny Financial Corp. stocks on Mar 15, 2024, growing by 97820.0 shares to a total of 1.05 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.95 million shares. There was a rise of 9.32%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.11% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.32.
