World Kinect Corp’s filing revealed that its Chairman, CEO and President KASBAR MICHAEL J unloaded Company’s shares for reported $0.62 million on Mar 04 ’25. In the deal valued at $28.96 per share,21,507 shares were sold. As a result of this transaction, KASBAR MICHAEL J now holds 1,019,063 shares worth roughly $28.72 million.
Then, KASBAR MICHAEL J bought 21,507 shares, generating $622,765 in total proceeds.
Before that, Tejada Jose-Miguel sold 2,500 shares. World Kinect Corp shares valued at $70,188 were divested by the SVP, Chief Accounting Officer at a price of $28.08 per share. As a result of the transaction, Tejada Jose-Miguel now holds 30,858 shares, worth roughly $0.87 million.
Stifel downgraded its World Kinect Corp [WKC] rating to a Hold from a a Buy in a research note published on October 25, 2024; the price target was decreased to $32 from $33. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid September from “an Equal-weight” to “an Underweight”. JP Morgan began covering WKC with “Neutral” recommendation on February 21, 2024. Morgan Stanley started covering the stock on November 06, 2023. It rated WKC as “an Equal-weight”.
Price Performance Review of WKC
On Monday, World Kinect Corp [NYSE:WKC] saw its stock fall -0.11% to $28.18. Over the last five days, the stock has lost -4.21%. World Kinect Corp shares have risen nearly 2.44% since the year began. Nevertheless, the stocks have risen 17.32% over the past one year. While a 52-week high of $31.70 was reached on 02/24/25, a 52-week low of $21.38 was recorded on 01/10/25. SMA at 50 days reached $28.27, while 200 days put it at $27.89.
Levels Of Support And Resistance For WKC Stock
The 24-hour chart illustrates a support level at 27.88, which if violated will result in even more drops to 27.57. On the upside, there is a resistance level at 28.59. A further resistance level may holdings at 28.99. The Relative Strength Index (RSI) on the 14-day chart is 44.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.60%. Stochastics %K at 27.35% indicates the stock is a holding.
The most recent change occurred on July 06, 2023 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $30 price target.
