The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Kadant, Inc shares valued at $111,018 were sold by Blanchard Thomas Andrew on Mar 19 ’25. At $341.59 per share, Blanchard Thomas Andrew sold 325 shares. The insider’s holdings dropped to 1,902 shares worth approximately $0.58 million following the completion of this transaction.
Also, Blanchard Thomas Andrew purchased 325 shares, netting a total of over 110,882 in proceeds.
Before that, MCKENNEY MICHAEL J had sold 8,026 shares from its account. In a trade valued at $2,974,287, the Executive Vice President & CFO traded Kadant, Inc shares for $370.58 each. Upon closing the transaction, the insider’s holdings decreased to 8,026 shares, worth approximately $3.34 million.
Analysts at Barrington Research upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid February. As of May 28, 2020, Sidoti has decreased its “Buy” rating to a “Neutral” for KAI. Earlier on May 28, 2020, Barrington Research downgraded its rating. Their new recommendation was “a Mkt perform” for KAI stock which previously was a “an Outperform”.
Analyzing KAI Stock Performance
During the last five days, there has been a drop of approximately -2.16%. Over the course of the year, Kadant, Inc shares have dropped approximately -11.48%. Shares of the company reached a 52-week high of $409.73 on 02/18/25 and a 52-week low of $287.88 on 04/09/25. A 50-day SMA is recorded $350.55, while a 200-day SMA reached $346.38.
Support And Resistance Levels for Kadant, Inc (KAI)
According to the 24-hour chart, there is a support level at 300.01, which, if violated, would cause prices to drop to 294.64. In the upper region, resistance lies at 313.80. The next price resistance is at 322.22. RSI (Relative Strength Index) is 39.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.25, which suggests the price will decrease in the coming days. Percent R is at 72.07%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
