Kinder Morgan Inc’s recent filing unveils that its President MARTIN THOMAS A unloaded Company’s shares for reported $0.5 million on Jan 02 ’25. In the deal valued at $27.91 per share,18,000 shares were sold. As a result of this transaction, MARTIN THOMAS A now holds 861,652 shares worth roughly $23.66 million.
Then, MARTIN THOMAS A sold 18,000 shares, generating $492,079 in total proceeds. Upon selling the shares at $27.34, the President now owns 879,652 shares.
Before that, MARTIN THOMAS A sold 19,121 shares. Kinder Morgan Inc shares valued at $502,530 were divested by the President at a price of $26.28 per share. As a result of the transaction, MARTIN THOMAS A now holds 897,652 shares, worth roughly $24.65 million.
Scotiabank initiated its Kinder Morgan Inc [KMI] rating to a Sector perform in a research note published on January 10, 2025; the price target was $26. BofA Securities also remained covering KMI and has increased its forecast on October 11, 2024 with a “Buy” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on September 16, 2024. It rated KMI as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of KMI
On Tuesday, Kinder Morgan Inc [NYSE:KMI] saw its stock unchanged to $27.46. Over the last five days, the stock has lost -12.04%. Kinder Morgan Inc shares have risen nearly 0.22% since the year began. Nevertheless, the stocks have risen 58.45% over the past one year. While a 52-week high of $31.48 was reached on 01/21/25, a 52-week low of $16.47 was recorded on 01/28/25. SMA at 50 days reached $27.92, while 200 days put it at $22.82.
Levels Of Support And Resistance For KMI Stock
The 24-hour chart illustrates a support level at 27.07, which if violated will result in even more drops to 26.69. On the upside, there is a resistance level at 27.72. A further resistance level may holdings at 27.99. The Relative Strength Index (RSI) on the 14-day chart is 41.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.74%. Stochastics %K at 27.86% indicates the stock is a holding.
How much short interest is there in Kinder Morgan Inc?
A steep rise in short interest was recorded in Kinder Morgan Inc stocks on 2024-12-31, growing by 0.77 million shares to a total of 42.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 41.99 million shares. There was a rise of 1.79%, which implies that there is a positive sentiment for the stock.
