Kodiak Gas Services Inc’s filing revealed that its Owner Frontier Topco Partnership, L. acquired Company’s shares for reported $177.11 million on Jan 30 ’25. In the deal valued at $47.50 per share,3,728,677 shares were bought.
Then, Frontier TopCo Partnership, L. sold 5,500,000 shares, generating $231,473,000 in total proceeds. Upon selling the shares at $42.09, the 10% Owner now owns 38,500,000 shares.
Before that, Hamilton Ewan William sold 3,000 shares. Kodiak Gas Services Inc shares valued at $121,340 were divested by the insider at a price of $40.45 per share. As a result of the transaction, Hamilton Ewan William now holds 31,745 shares, worth roughly $1.49 million.
Mizuho initiated its Kodiak Gas Services Inc [KGS] rating to an Outperform in a research note published on October 02, 2024; the price target was $36. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating. Redburn Atlantic began covering KGS with “Buy” recommendation on September 19, 2024.
Price Performance Review of KGS
On Friday, Kodiak Gas Services Inc [NYSE:KGS] saw its stock fall -5.80% to $46.78. Over the last five days, the stock has lost -5.70%. Kodiak Gas Services Inc shares have risen nearly 14.57% since the year began. Nevertheless, the stocks have risen 96.89% over the past one year. While a 52-week high of $50.43 was reached on 01/30/25, a 52-week low of $22.64 was recorded on 01/02/25. SMA at 50 days reached $42.61, while 200 days put it at $31.98.
Levels Of Support And Resistance For KGS Stock
The 24-hour chart illustrates a support level at 46.28, which if violated will result in even more drops to 45.79. On the upside, there is a resistance level at 47.54. A further resistance level may holdings at 48.31. The Relative Strength Index (RSI) on the 14-day chart is 54.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.71%. Stochastics %K at 76.60% indicates the stock is a holding.
How much short interest is there in Kodiak Gas Services Inc?
A steep rise in short interest was recorded in Kodiak Gas Services Inc stocks on 2025-01-15, growing by 0.25 million shares to a total of 2.88 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.63 million shares. There was a rise of 8.7%, which implies that there is a positive sentiment for the stock.
