In a filing, Kirby Corp revealed its Director Waterman William M. unloaded Company’s shares for reported $5.21 million on Nov 25 ’24. In the deal valued at $130.14 per share,40,001 shares were sold. As a result of this transaction, Waterman William M. now holds 37,315 shares worth roughly $3.96 million.
Then, William M. Waterman bought 40,001 shares, generating $5,219,330 in total proceeds.
Before that, STEWART RICHARD ROSS sold 8,000 shares. Kirby Corp shares valued at $1,025,680 were divested by the Director at a price of $128.21 per share. As a result of the transaction, STEWART RICHARD ROSS now holds 15,488 shares, worth roughly $1.64 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 Friday, Kirby Corp [NYSE:KEX] saw its stock jump 1.16% to $106.19. Over the last five days, the stock has lost -0.28%. Kirby Corp shares have risen nearly 0.37% since the year began. Nevertheless, the stocks have risen 34.90% over the past one year. While a 52-week high of $132.21 was reached on 01/02/25, a 52-week low of $74.88 was recorded on 01/03/25. SMA at 50 days reached $119.28, while 200 days put it at $116.24.
Levels Of Support And Resistance For KEX Stock
The 24-hour chart illustrates a support level at 104.66, which if violated will result in even more drops to 103.13. On the upside, there is a resistance level at 106.98. A further resistance level may holdings at 107.77. The Relative Strength Index (RSI) on the 14-day chart is 30.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.69%. Stochastics %K at 12.80% indicates the stock is a buying.
How much short interest is there in Kirby Corp?
A steep rise in short interest was recorded in Kirby Corp stocks on 2024-12-13, dropping by -0.2 million shares to a total of 0.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.8 million shares. There was a decline of -32.87%, which implies that there is a negative sentiment for the stock.
