Kemper Corporation’s filing revealed that its Director Paracchini Alberto J acquired Company’s shares for reported $19008.0 on Dec 11 ’23. In the deal valued at $47.52 per share,400 shares were bought. As a result of this transaction, Paracchini Alberto J now holds 4,398 shares worth roughly $0.25 million.
Then, LACHER JOSEPH P JR bought 5,000 shares, generating $216,000 in total proceeds. Upon buying the shares at $43.20, the President and CEO now owns 5,000 shares.
Before that, Cochran George N bought 1,000 shares. Kemper Corporation shares valued at $42,750 were divested by the Director at a price of $42.75 per share. As a result of the transaction, Cochran George N now holds 26,622 shares, worth roughly $1.52 million.
TD Cowen initiated its Kemper Corporation [KMPR] rating to an Outperform in a research note published on January 10, 2024; the price target was $70. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “an Overweight”. Credit Suisse also remained covering KMPR and has increased its forecast on April 10, 2023 with a “an Outperform” recommendation from previously “Neutral” rating. Raymond James revised its rating on February 07, 2023. It rated KMPR as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of KMPR
On Tuesday, Kemper Corporation [NYSE:KMPR] saw its stock fall -0.71% to $57.14. Over the last five days, the stock has lost -3.61%. Kemper Corporation shares have risen nearly 17.40% since the year began. Nevertheless, the stocks have risen 1.24% over the past one year. While a 52-week high of $64.69 was reached on 03/28/24, a 52-week low of $38.32 was recorded on 01/04/24. SMA at 50 days reached $58.76, while 200 days put it at $49.72. A total of 0.33 million shares were traded, compared to the trading of 0.38 million shares in the previous session.
Levels Of Support And Resistance For KMPR Stock
The 24-hour chart illustrates a support level at 56.74, which if violated will result in even more drops to 56.35. On the upside, there is a resistance level at 57.73. A further resistance level may holdings at 58.33. The Relative Strength Index (RSI) on the 14-day chart is 42.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.42%. Stochastics %K at 7.41% indicates the stock is a buying.
How much short interest is there in Kemper Corporation?
A steep rise in short interest was recorded in Kemper Corporation stocks on Mar 28, 2024, growing by 30000.0 shares to a total of 1.39 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 1.36 million shares. There was a rise of 2.16%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.30% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.65.
