Kirby Corp.’s filing revealed that its VP of Public and Govt Affairs Woodruff William Matthew unloaded Company’s shares for reported $0.41 million on May 01 ’24. In the deal valued at $109.25 per share,3,750 shares were sold. As a result of this transaction, Woodruff William Matthew now holds 941 shares worth roughly $0.11 million.
Then, STEWART RICHARD ROSS sold 676 shares, generating $74,090 in total proceeds. Upon selling the shares at $109.60, the Director now owns 23,488 shares.
Before that, MILLER SCOTT P sold 487 shares. Kirby Corp. shares valued at $48,593 were divested by the VP – CIO at a price of $99.78 per share. As a result of the transaction, MILLER SCOTT P now holds 1,000 shares, worth roughly $0.11 million.
Wolfe Research initiated its Kirby Corp. [KEX] rating to an Outperform in a research note published on April 22, 2024; the price target was $126. A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. Stifel also remained covering KEX and has increased its forecast on October 12, 2021 with a “Buy” recommendation from previously “Hold” rating. Gabelli & Co revised its rating on May 07, 2021. It rated KEX as “a Hold” which previously was an “a Buy”.
Price Performance Review of KEX
On Monday, Kirby Corp. [NYSE:KEX] saw its stock jump 1.34% to $112.00. Over the last five days, the stock has gained 1.83%. Kirby Corp. shares have risen nearly 42.71% since the year began. Nevertheless, the stocks have risen 58.28% over the past one year. While a 52-week high of $114.35 was reached on 04/25/24, a 52-week low of $69.22 was recorded on 01/11/24. SMA at 50 days reached $95.92, while 200 days put it at $84.12. A total of 0.52 million shares were traded, compared to the trading of 0.46 million shares in the previous session.
Levels Of Support And Resistance For KEX Stock
The 24-hour chart illustrates a support level at 111.38, which if violated will result in even more drops to 110.77. On the upside, there is a resistance level at 112.47. A further resistance level may holdings at 112.95. The Relative Strength Index (RSI) on the 14-day chart is 74.21, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.58, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.75%. Stochastics %K at 81.65% indicates the stock is a selling.
