Nextdoor Holdings Inc’s filing revealed that its General Counsel and Secretary Schwartz Sophia unloaded Company’s shares for reported $0.12 million on Nov 07 ’24. In the deal valued at $2.76 per share,42,148 shares were sold. As a result of this transaction, Schwartz Sophia now holds 230,112 shares worth roughly $0.58 million.
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Then, SOPHIA SCHWARTZ bought 42,148 shares, generating $109,163 in total proceeds.
Before that, Schwartz Sophia sold 32,406 shares. Nextdoor Holdings Inc shares valued at $82,169 were divested by the General Counsel and Secretary at a price of $2.54 per share. As a result of the transaction, Schwartz Sophia now holds 272,260 shares, worth roughly $0.68 million.
Evercore ISI downgraded its Nextdoor Holdings Inc [KIND] rating to an In-line from a an Outperform in a research note published on November 08, 2023; the price target was decreased to $3 from $5. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late June with a ‘”an Equal weight”‘ rating. Citigroup began covering KIND with “Neutral” recommendation on April 20, 2022. Truist started covering the stock on March 29, 2022. It rated KIND as “a Hold”.
Price Performance Review of KIND
On Tuesday, Nextdoor Holdings Inc [NYSE:KIND] saw its stock fall -1.95% to $2.51. Over the last five days, the stock has gained 0.40%. Nextdoor Holdings Inc shares have risen nearly 32.80% since the year began. Nevertheless, the stocks have risen 76.76% over the past one year. While a 52-week high of $2.99 was reached on 11/07/24, a 52-week low of $1.32 was recorded on 01/17/24. SMA at 50 days reached $2.45, while 200 days put it at $2.35.
Levels Of Support And Resistance For KIND Stock
The 24-hour chart illustrates a support level at 2.45, which if violated will result in even more drops to 2.38. On the upside, there is a resistance level at 2.56. A further resistance level may holdings at 2.60. The Relative Strength Index (RSI) on the 14-day chart is 50.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.31%. Stochastics %K at 38.26% indicates the stock is a holding.
How much short interest is there in Nextdoor Holdings Inc?
A steep rise in short interest was recorded in Nextdoor Holdings Inc stocks on 2024-10-31, dropping by -0.1 million shares to a total of 3.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.87 million shares. There was a decline of -2.79%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 24, 2022 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $7 price target.
