Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kellanova shares valued at $37,689,053 were purchased by KELLOGG W K FOUNDATION TRUST on Feb 10 ’25. At $82.23 per share, KELLOGG W K FOUNDATION TRUST acquired 458,332 shares.
Also, KELLOGG W K FOUNDATION TRUST sold 114,583 shares, netting a total of over 9,422,263 in proceeds. Following the sale of shares at $82.23 each, the insider now holds 48,191,195 shares.
Before that, KELLOGG W K FOUNDATION TRUST had sold 114,583 shares from its account. In a trade valued at $9,385,402, the 10% Owner traded Kellanova shares for $81.91 each. Upon closing the transaction, the insider’s holdings decreased to 114,583 shares, worth approximately $3.97 billion.
As published in a research note from Exane BNP Paribas on November 01, 2024, Kellanova [K] has been rated down from an Outperform to a Neutral and the price target has been revised to $83. Analysts at Argus downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early October. As of August 26, 2024, DA Davidson has decreased its “Buy” rating to a “Neutral” for K. Earlier on August 15, 2024, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for K stock which previously was a “an Outperform”.
Analyzing K Stock Performance
During the last five days, there has been a surge of approximately 0.10%. Over the course of the year, Kellanova shares have jumped approximately 1.53%. Shares of the company reached a 52-week high of $82.34 on 02/12/25 and a 52-week low of $80.91 on 01/02/25. A 50-day SMA is recorded $81.29, while a 200-day SMA reached $73.35. Nevertheless, trading volume fell to 4.12 million shares from 3.07 million shares the previous day.
Support And Resistance Levels for Kellanova (K)
According to the 24-hour chart, there is a support level at 82.15, which, if violated, would cause prices to drop to 82.10. In the upper region, resistance lies at 82.28. The next price resistance is at 82.36. RSI (Relative Strength Index) is 65.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 18.84%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
