Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. KBR Inc shares valued at $471,603 were sold by Myles Jennifer on Feb 22 ’24. At $58.95 per share, Myles Jennifer sold 8,000 shares. The insider’s holdings dropped to 38,524 shares worth approximately $2.56 million following the completion of this transaction.
Also, SOPP MARK W purchased 5,000 shares, netting a total of over 257,674 in proceeds. Following the buying of shares at $51.53 each, the insider now holds 147,178 shares.
Before that, Bright William Byron Jr. had sold 20,000 shares from its account. In a trade valued at $1,213,522, the President Gov’t Solutions US traded KBR Inc shares for $60.68 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $3.86 million.
Earlier on March 04, 2022, DA Davidson upgraded its rating. Their new recommendation was “a Buy” for KBR stock which previously was a “a Neutral”.
Analyzing KBR Stock Performance
During the last five days, there has been a surge of approximately 1.42%. Over the course of the year, KBR Inc shares have jumped approximately 20.00%. Shares of the company reached a 52-week high of $68.68 on 05/06/24 and a 52-week low of $51.60 on 01/25/24. A 50-day SMA is recorded $62.96, while a 200-day SMA reached $58.33. Nevertheless, trading volume fell to 1.7 million shares from 1.08 million shares the previous day.
Support And Resistance Levels for KBR Inc (KBR)
According to the 24-hour chart, there is a support level at 65.35, which, if violated, would cause prices to drop to 64.21. In the upper region, resistance lies at 67.43. The next price resistance is at 68.37. RSI (Relative Strength Index) is 62.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.80, which suggests the price will increase in the coming days. Percent R is at 34.22%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
