The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nextdoor Holdings Inc shares valued at $3,105 were sold by Schwartz Sophia on Dec 09 ’24. At $2.75 per share, Schwartz Sophia sold 1,129 shares. The insider’s holdings dropped to 214,407 shares worth approximately $0.58 million following the completion of this transaction.
Also, SOPHIA SCHWARTZ purchased 1,129 shares, netting a total of over 3,026 in proceeds.
Before that, Schwartz Sophia had sold 16,834 shares from its account. In a trade valued at $41,221, the General Counsel and Secretary traded Nextdoor Holdings Inc shares for $2.45 each. Upon closing the transaction, the insider’s holdings decreased to 16,834 shares, worth approximately $0.58 million.
As published in their initiating research note from Craig Hallum on January 30, 2025, Nextdoor Holdings Inc [KIND] has been a Buy and the price target has been revised to $4. Analysts at Evercore ISI downgraded the stock from ‘”an Outperform”‘ to ‘”an In-line”‘ outlook in a report released in early November. As of June 27, 2023, Wells Fargo has initiated its “an Equal weight” rating for KIND. Earlier on April 20, 2022, Citigroup initiated its rating. Their recommendation was “a Neutral” for KIND stock.
Analyzing KIND Stock Performance
During the last five days, there has been a surge of approximately 0.37%. Over the course of the year, Nextdoor Holdings Inc shares have jumped approximately 14.35%. Shares of the company reached a 52-week high of $2.80 on 02/07/25 and a 52-week low of $2.28 on 01/10/25. A 50-day SMA is recorded $2.53, while a 200-day SMA reached $2.51. Nevertheless, trading volume fell to 1.44 million shares from 1.36 million shares the previous day.
Support And Resistance Levels for Nextdoor Holdings Inc (KIND)
According to the 24-hour chart, there is a support level at 2.68, which, if violated, would cause prices to drop to 2.64. In the upper region, resistance lies at 2.75. The next price resistance is at 2.78. RSI (Relative Strength Index) is 59.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.03, which suggests the price will decrease in the coming days. Percent R is at 27.27%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
