In a filing, Kimbell Royalty Partners LP revealed its Controller Rhynsburger Blayne unloaded Company’s shares for reported $0.11 million on Mar 18 ’25. In the deal valued at $13.86 per share,7,851 shares were sold. As a result of this transaction, Rhynsburger Blayne now holds 49,263 shares worth roughly $0.57 million.
Then, Wynne Mitch S. sold 22,000 shares, generating $302,940 in total proceeds. Upon selling the shares at $13.77, the Director now owns 268,463 shares.
Before that, Rhynsburger Blayne sold 5,000 shares. Kimbell Royalty Partners LP shares valued at $82,050 were divested by the Controller at a price of $16.41 per share. As a result of the transaction, Rhynsburger Blayne now holds 45,164 shares, worth roughly $0.52 million.
Mizuho initiated its Kimbell Royalty Partners LP [KRP] rating to a Neutral in a research note published on March 31, 2025; the price target was $16. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. Raymond James also remained covering KRP and has decreased its forecast on March 03, 2025 with a “Mkt perform” recommendation from previously “Strong buy” rating. Truist started covering the stock on January 30, 2024. It rated KRP as “a Buy”.
Price Performance Review of KRP
On Tuesday, Kimbell Royalty Partners LP [NYSE:KRP] saw its stock fall -3.74% to $11.58. Over the last five days, the stock has lost -18.57%. Kimbell Royalty Partners LP shares have fallen nearly -28.65% since the year began. Nevertheless, the stocks have fallen -28.25% over the past one year. While a 52-week high of $17.07 was reached on 01/06/25, a 52-week low of $11.31 was recorded on 04/07/25. SMA at 50 days reached $14.58, while 200 days put it at $15.69.
Levels Of Support And Resistance For KRP Stock
The 24-hour chart illustrates a support level at 11.00, which if violated will result in even more drops to 10.42. On the upside, there is a resistance level at 12.56. A further resistance level may holdings at 13.54. The Relative Strength Index (RSI) on the 14-day chart is 21.38, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.15%. Stochastics %K at 12.56% indicates the stock is a buying.
How much short interest is there in Kimbell Royalty Partners LP?
A steep rise in short interest was recorded in Kimbell Royalty Partners LP stocks on 2025-03-14, growing by 0.64 million shares to a total of 1.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.71 million shares. There was a rise of 47.56%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 30, 2023 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $19 price target.
