WK Kellogg Co’s recently made public that its Director Gund G Zachary acquired Company’s shares for reported $0.95 million on Nov 15 ’24. In the deal valued at $17.20 per share,55,000 shares were bought. As a result of this transaction, Gund G Zachary now holds 250,000 shares worth roughly $4.88 million.
Then, Gund G Zachary bought 65,000 shares, generating $1,165,801 in total proceeds. Upon buying the shares at $17.94, the Director now owns 65,000 shares.
Before that, Gund G Zachary bought 65,000 shares. WK Kellogg Co shares valued at $1,154,101 were divested by the Director at a price of $17.76 per share. As a result of the transaction, Gund G Zachary now holds 195,000 shares, worth roughly $3.8 million.
Morgan Stanley initiated its WK Kellogg Co [KLG] rating to an Underweight in a research note published on March 24, 2025; the price target was $18. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in early January from “a Hold” to “a Sell”. BofA Securities also remained covering KLG and has decreased its forecast on July 10, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Exane BNP Paribas revised its rating on May 08, 2024. It rated KLG as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of KLG
On Friday, WK Kellogg Co [NYSE:KLG] saw its stock fall -0.66% to $19.50. Over the last five days, the stock has gained 3.94%. WK Kellogg Co shares have risen nearly 8.39% since the year began. Nevertheless, the stocks have risen 2.15% over the past one year. While a 52-week high of $24.63 was reached on 03/11/25, a 52-week low of $15.17 was recorded on 01/13/25. SMA at 50 days reached $18.48, while 200 days put it at $17.85.
Levels Of Support And Resistance For KLG Stock
The 24-hour chart illustrates a support level at 19.24, which if violated will result in even more drops to 18.99. On the upside, there is a resistance level at 19.74. A further resistance level may holdings at 19.98. The Relative Strength Index (RSI) on the 14-day chart is 52.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.07%. Stochastics %K at 33.41% indicates the stock is a holding.
How much short interest is there in WK Kellogg Co?
A steep rise in short interest was recorded in WK Kellogg Co stocks on 2025-03-14, dropping by -1.56 million shares to a total of 10.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 12.44 million shares. There was a decline of -14.39%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 14, 2023 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $13 price target.
