Kyndryl Holdings Inc’s recent filing unveils that its SVP & Global Controller Khurana Vineet unloaded Company’s shares for reported $2.37 million on Feb 06 ’25. In the deal valued at $42.81 per share,55,465 shares were sold. As a result of this transaction, Khurana Vineet now holds 43,877 shares worth roughly $ 1.84 million.
Then, Sebold Edward sold 27,500 shares, generating $1,177,782 in total proceeds. Upon selling the shares at $42.83, the General Counsel and Secretary now owns 132,818 shares.
Before that, Khurana Vineet bought 55,465 shares. Kyndryl Holdings Inc shares valued at $2,374,491 were divested by the Officer at a price of $42.81 per share.
Oppenheimer reiterated its Kyndryl Holdings Inc [KD] rating to an Outperform in a research note published on November 22, 2024; the price target was $37. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. Oppenheimer began covering KD with “an Outperform” recommendation on June 27, 2024. Susquehanna revised its rating on February 12, 2024. It rated KD as “a Positive” which previously was an “a Neutral”.
Price Performance Review of KD
On Tuesday, Kyndryl Holdings Inc [NYSE:KD] saw its stock jump 0.19% to $41.87. Over the last five days, the stock has gained 2.07%. Kyndryl Holdings Inc shares have risen nearly 21.01% since the year began. Nevertheless, the stocks have risen 98.25% over the past one year. While a 52-week high of $43.61 was reached on 02/05/25, a 52-week low of $19.24 was recorded on 01/02/25. SMA at 50 days reached $37.53, while 200 days put it at $28.47.
Levels Of Support And Resistance For KD Stock
The 24-hour chart illustrates a support level at 41.22, which if violated will result in even more drops to 40.57. On the upside, there is a resistance level at 42.23. A further resistance level may holdings at 42.59. The Relative Strength Index (RSI) on the 14-day chart is 62.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.65%. Stochastics %K at 74.60% indicates the stock is a holding.
