Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Kinetik Holdings Inc shares valued at $55,004,371 were sold by ISQ Global Fund II GP LLC on Mar 17 ’25. At $52.66 per share, ISQ Global Fund II GP LLC sold 1,044,519 shares. The insider’s holdings dropped to 657,583 shares worth approximately $35.4 million following the completion of this transaction.
Also, ISQ Global Fund II GP LLC sold 657,582 shares, netting a total of over 34,628,268 in proceeds. Following the sale of shares at $52.66 each, the insider now holds 1 shares.
Before that, ISQ Global Fund II GP LLC had added 1,702,101 shares to its account. In a trade valued at $91,930,475, the 10% Owner bought Kinetik Holdings Inc shares for $54.01 each.
As published in their initiating research note from Scotiabank on January 10, 2025, Kinetik Holdings Inc [KNTK] has been a Sector outperform and the price target has been revised to $64. As of April 22, 2024, Barclays has initiated its “an Equal weight” rating for KNTK. Earlier on March 25, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for KNTK stock.
Analyzing KNTK Stock Performance
During the last five days, there has been a surge of approximately 2.42%. Over the course of the year, Kinetik Holdings Inc shares have dropped approximately -5.08%. Shares of the company reached a 52-week high of $67.60 on 01/21/25 and a 52-week low of $48.65 on 03/10/25. A 50-day SMA is recorded $57.75, while a 200-day SMA reached $51.29.
Support And Resistance Levels for Kinetik Holdings Inc (KNTK)
According to the 24-hour chart, there is a support level at 52.49, which, if violated, would cause prices to drop to 51.15. In the upper region, resistance lies at 54.66. The next price resistance is at 55.49. RSI (Relative Strength Index) is 48.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.04, which suggests the price will decrease in the coming days. Percent R is at 23.72%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
