In a filing, Kearny Financial Corp revealed its Director Wong-Zaza Melvina acquired Company’s shares for reported $9936.0 on Aug 15 ’24. In the deal valued at $6.21 per share,1,600 shares were bought. As a result of this transaction, Wong-Zaza Melvina now holds 22,535 shares worth roughly $0.16 million.
Then, DeMedici Thomas sold 6,304 shares, generating $37,842 in total proceeds. Upon selling the shares at $6.00, the EVP and CCO now owns 70,614 shares.
Before that, DeMedici Thomas bought 6,304 shares. Kearny Financial Corp shares valued at $38,600 were divested by the Officer at a price of $6.12 per share.
Piper Sandler upgraded its Kearny Financial Corp [KRNY] rating to an Overweight from a a Neutral in a research note published on January 06, 2025; the price target was decreased to $8.50 from $9. A number of analysts have revised their coverage, including Compass Point’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. Compass Point also remained covering KRNY and has decreased its forecast on October 28, 2022 with a “Neutral” recommendation from previously “Buy” rating. Piper Sandler revised its rating on January 06, 2022. It rated KRNY as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of KRNY
On Monday, Kearny Financial Corp [NASDAQ:KRNY] saw its stock jump 3.92% to $7.15. Over the last five days, the stock has gained 1.13%. Kearny Financial Corp shares have risen nearly 0.99% since the year began. Nevertheless, the stocks have fallen -18.10% over the past one year. While a 52-week high of $8.85 was reached on 01/06/25, a 52-week low of $5.28 was recorded on 01/03/25. SMA at 50 days reached $7.70, while 200 days put it at $6.61.
Levels Of Support And Resistance For KRNY Stock
The 24-hour chart illustrates a support level at 6.97, which if violated will result in even more drops to 6.78. On the upside, there is a resistance level at 7.37. A further resistance level may holdings at 7.58. The Relative Strength Index (RSI) on the 14-day chart is 40.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.95%. Stochastics %K at 11.81% indicates the stock is a buying.
How much short interest is there in Kearny Financial Corp?
A steep rise in short interest was recorded in Kearny Financial Corp stocks on 2024-12-13, dropping by 33527.0 shares to a total of 0.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.43 million shares. There was a decline of -8.51%, which implies that there is a negative sentiment for the stock.
