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KEX stock rated an Outperform by Wolfe Research

Kirby Corp’s filing revealed that its Officer MILLER SCOTT P acquired Company’s shares for reported $0.39 million on Feb 06 ’25. In the deal valued at $109.00 per share,3,545 shares were bought.

Then, MILLER SCOTT P sold 3,545 shares, generating $386,405 in total proceeds. Upon selling the shares at $109.00, the VP – CIO now owns 2,000 shares.

Before that, MILLER SCOTT P sold 1,244 shares. Kirby Corp shares valued at $133,867 were divested by the VP – CIO at a price of $107.61 per share. As a result of the transaction, MILLER SCOTT P now holds 5,545 shares, worth roughly $0.57 million.

Wolfe Research initiated its Kirby Corp [KEX] rating to an Outperform in a research note published on April 22, 2024; the price target was $126. A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. Stifel also remained covering KEX and has increased its forecast on October 12, 2021 with a “Buy” recommendation from previously “Hold” rating. Gabelli & Co revised its rating on May 07, 2021. It rated KEX as “a Hold” which previously was an “a Buy”.

Price Performance Review of KEX

On Friday, Kirby Corp [NYSE:KEX] saw its stock fall -3.12% to $102.84. Over the last five days, the stock has lost -4.41%. Kirby Corp shares have fallen nearly -2.80% since the year began. Nevertheless, the stocks have risen 21.07% over the past one year. While a 52-week high of $132.21 was reached on 01/30/25, a 52-week low of $84.76 was recorded on 01/07/25. SMA at 50 days reached $108.46, while 200 days put it at $117.55.

Levels Of Support And Resistance For KEX Stock

The 24-hour chart illustrates a support level at 101.37, which if violated will result in even more drops to 99.90. On the upside, there is a resistance level at 105.51. A further resistance level may holdings at 108.18. The Relative Strength Index (RSI) on the 14-day chart is 37.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.64%. Stochastics %K at 11.40% indicates the stock is a buying.

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