Kinder Morgan Inc’s recently made public that its President MARTIN THOMAS A unloaded Company’s shares for reported $0.5 million on Feb 05 ’25. In the deal valued at $27.70 per share,18,000 shares were sold. As a result of this transaction, MARTIN THOMAS A now holds 843,652 shares worth roughly $22.6 million.
Then, MARTIN THOMAS A sold 18,000 shares, generating $502,294 in total proceeds. Upon selling the shares at $27.91, the President now owns 861,652 shares.
Before that, MARTIN THOMAS A sold 18,000 shares. Kinder Morgan Inc shares valued at $492,079 were divested by the President at a price of $27.34 per share. As a result of the transaction, MARTIN THOMAS A now holds 879,652 shares, worth roughly $23.57 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 fall -1.03% to $26.79. Over the last five days, the stock has lost -2.58%. Kinder Morgan Inc shares have fallen nearly -2.23% since the year began. Nevertheless, the stocks have risen 61.09% 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 02/11/25. SMA at 50 days reached $27.83, while 200 days put it at $23.27.
Levels Of Support And Resistance For KMI Stock
The 24-hour chart illustrates a support level at 26.46, which if violated will result in even more drops to 26.12. On the upside, there is a resistance level at 27.06. A further resistance level may holdings at 27.32. The Relative Strength Index (RSI) on the 14-day chart is 39.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.85%. Stochastics %K at 9.74% indicates the stock is a buying.
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.
