WK Kellogg Co’s filing revealed that its Director MURGUIA RAMON acquired Company’s shares for reported $14640.0 on Feb 28 ’24. In the deal valued at $14.64 per share,1,000 shares were bought. As a result of this transaction, MURGUIA RAMON now holds 10,860 shares worth roughly $0.25 million.
Then, Brice Sherry bought 3,150 shares, generating $37,019 in total proceeds. Upon buying the shares at $11.75, the Chief Supply Chain Officer now owns 9,335 shares.
Before that, Brice Sherry bought 5,580 shares. WK Kellogg Co shares valued at $60,077 were divested by the Chief Supply Chain Officer at a price of $10.77 per share. As a result of the transaction, Brice Sherry now holds 6,185 shares, worth roughly $0.14 million.
Morgan Stanley initiated its WK Kellogg Co [KLG] rating to an Equal-weight in a research note published on December 14, 2023; the price target was $13. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in mid November with a ‘”an In-line”‘ rating. Barclays began covering KLG with “an Underweight” recommendation on November 06, 2023. JP Morgan started covering the stock on November 02, 2023. It rated KLG as “a Neutral”.
Price Performance Review of KLG
On Friday, WK Kellogg Co [NYSE:KLG] saw its stock fall -2.40% to $23.20. Over the last five days, the stock has lost -3.09%. WK Kellogg Co shares have risen nearly 76.56% since the year began. A total of 1.05 million shares were traded, compared to the trading of 0.85 million shares in the previous session.
Levels Of Support And Resistance For KLG Stock
The 24-hour chart illustrates a support level at 22.90, which if violated will result in even more drops to 22.59. On the upside, there is a resistance level at 23.62. A further resistance level may holdings at 24.03. The Relative Strength Index (RSI) on the 14-day chart is 64.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.20%. Stochastics %K at 75.86% indicates the stock is a holding.
The most recent change occurred on October 18, 2023 when TD Cowen began covering the stock and recommended ‘”a Market perform”‘ rating along with a $11 price target.
