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. Kirby Corp shares valued at $386,405 were purchased by MILLER SCOTT P on Feb 06 ’25. At $109.00 per share, MILLER SCOTT P acquired 3,545 shares.
Also, MILLER SCOTT P sold 3,545 shares, netting a total of over 386,405 in proceeds. Following the sale of shares at $109.00 each, the insider now holds 2,000 shares.
Before that, MILLER SCOTT P had sold 1,244 shares from its account. In a trade valued at $133,867, the VP – CIO traded Kirby Corp shares for $107.61 each. Upon closing the transaction, the insider’s holdings decreased to 1,244 shares, worth approximately $0.6 million.
As published in their initiating research note from Wolfe Research on April 22, 2024, Kirby Corp [KEX] has been an Outperform and the price target has been revised to $126. Analysts at BTIG Research upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of October 12, 2021, Stifel has increased its “Hold” rating to a “Buy” for KEX. Earlier on May 07, 2021, Gabelli & Co downgraded its rating. Their new recommendation was “a Hold” for KEX stock which previously was a “a Buy”.
Analyzing KEX Stock Performance
During the last five days, there has been a surge of approximately 0.36%. Over the course of the year, Kirby Corp shares have jumped approximately 2.12%. Shares of the company reached a 52-week high of $115.93 on 01/30/25 and a 52-week low of $101.40 on 01/07/25. A 50-day SMA is recorded $109.07, while a 200-day SMA reached $117.60. Nevertheless, trading volume fell to 0.57 million shares from 0.75 million shares the previous day.
Support And Resistance Levels for Kirby Corp (KEX)
According to the 24-hour chart, there is a support level at 107.35, which, if violated, would cause prices to drop to 106.66. In the upper region, resistance lies at 109.41. The next price resistance is at 110.77. RSI (Relative Strength Index) is 48.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.73, which suggests the price will decrease in the coming days. Percent R is at 78.82%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
