Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Kemper Corporation shares valued at $1,852,200 were sold by Parker Stuart B. on Aug 21 ’24. At $61.74 per share, Parker Stuart B. sold 30,000 shares. The insider’s holdings dropped to 20,717 shares worth approximately $1.42 million following the completion of this transaction.
Also, Parker Stuart B. purchased 30,000 shares, netting a total of over 1,870,500 in proceeds.
Before that, LADERMAN GERALD had added 5,000 shares to its account. In a trade valued at $305,050, the Director bought Kemper Corporation shares for $61.01 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $1.14 million.
As published in their initiating research note from TD Cowen on January 10, 2024, Kemper Corporation [KMPR] has been an Outperform and the price target has been revised to $70. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early October. As of April 10, 2023, Credit Suisse has increased its “Neutral” rating to a “an Outperform” for KMPR. Earlier on February 07, 2023, Raymond James upgraded its rating. Their new recommendation was “a Strong buy” for KMPR stock which previously was a “an Outperform”.
Analyzing KMPR Stock Performance
During the last five days, there has been a surge of approximately 2.47%. Over the course of the year, Kemper Corporation shares have jumped approximately 3.18%. Shares of the company reached a 52-week high of $68.83 on 02/05/25 and a 52-week low of $62.00 on 01/10/25. A 50-day SMA is recorded $67.11, while a 200-day SMA reached $62.81. Nevertheless, trading volume fell to 0.68 million shares from 0.43 million shares the previous day.
Support And Resistance Levels for Kemper Corporation (KMPR)
According to the 24-hour chart, there is a support level at 67.22, which, if violated, would cause prices to drop to 65.90. In the upper region, resistance lies at 69.35. The next price resistance is at 70.16. RSI (Relative Strength Index) is 59.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.57, which suggests the price will decrease in the coming days. Percent R is at 6.22%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
