In a filing, Kinetik Holdings Inc revealed its 10% Owner ISQ Global Fund II GP LLC acquired Company’s shares for reported $91.93 million on Mar 17 ’25. In the deal valued at $54.01 per share,1,702,101 shares were bought.
Then, ISQ Global Fund II GP LLC sold 3,952,431 shares, generating $219,873,737 in total proceeds. Upon selling the shares at $55.63, the 10% Owner now owns 1,044,520 shares.
Before that, ISQ Global Fund II GP LLC bought 3,952,431 shares. Kinetik Holdings Inc shares valued at $224,932,848 were divested by the 10% Owner at a price of $56.91 per share.
Scotiabank initiated its Kinetik Holdings Inc [KNTK] rating to a Sector outperform in a research note published on January 10, 2025; the price target was $64. Barclays began covering KNTK with “an Equal weight” recommendation on April 22, 2024. RBC Capital Mkts started covering the stock on March 25, 2024. It rated KNTK as “an Outperform”.
Price Performance Review of KNTK
On Monday, Kinetik Holdings Inc [NYSE:KNTK] saw its stock jump 1.92% to $54.01. Over the last five days, the stock has gained 9.09%. Kinetik Holdings Inc shares have fallen nearly -4.76% since the year began. Nevertheless, the stocks have risen 46.33% over the past one year. While a 52-week high of $67.60 was reached on 01/21/25, a 52-week low of $35.59 was recorded on 03/10/25. SMA at 50 days reached $59.79, while 200 days put it at $50.53.
Levels Of Support And Resistance For KNTK Stock
The 24-hour chart illustrates a support level at 53.26, which if violated will result in even more drops to 52.52. On the upside, there is a resistance level at 54.45. A further resistance level may holdings at 54.90. The Relative Strength Index (RSI) on the 14-day chart is 43.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.67%. Stochastics %K at 38.14% indicates the stock is a holding.
