KIND stock rated an Underweight by Morgan Stanley

CHWY Stock

Nextdoor Holdings Inc’s filing revealed that its General Counsel and Secretary Schwartz Sophia unloaded Company’s shares for reported $25809.0 on Mar 07 ’25. In the deal valued at $1.72 per share,15,000 shares were sold. As a result of this transaction, Schwartz Sophia now holds 267,445 shares worth roughly $0.41 million.

Then, SOPHIA CONTRERAS SCHWARTZ bought 15,000 shares, generating $27,300 in total proceeds.

Before that, Hohman Robert bought 300,000 shares. Nextdoor Holdings Inc shares valued at $499,480 were divested by the Director at a price of $1.66 per share. As a result of the transaction, Hohman Robert now holds 300,000 shares, worth roughly $0.46 million.

Morgan Stanley downgraded its Nextdoor Holdings Inc [KIND] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Evercore ISI also remained covering KIND and has decreased its forecast on November 08, 2023 with a “an In-line” recommendation from previously “an Outperform” rating. Wells Fargo started covering the stock on June 27, 2023. It rated KIND as “an Equal weight”.

Price Performance Review of KIND

On Friday, Nextdoor Holdings Inc [NYSE:KIND] saw its stock fall -4.38% to $1.53. Over the last five days, the stock has gained 4.79%. Nextdoor Holdings Inc shares have fallen nearly -35.44% since the year began. Nevertheless, the stocks have fallen -41.38% over the past one year. While a 52-week high of $2.99 was reached on 02/07/25, a 52-week low of $1.32 was recorded on 05/13/25. SMA at 50 days reached $1.4998, while 200 days put it at $2.1867.

Levels Of Support And Resistance For KIND Stock

The 24-hour chart illustrates a support level at 1.5067, which if violated will result in even more drops to 1.4833. On the upside, there is a resistance level at 1.5667. A further resistance level may holdings at 1.6033. The Relative Strength Index (RSI) on the 14-day chart is 54.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0840, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.39%. Stochastics %K at 81.47% indicates the stock is a selling.

The most recent change occurred on April 20, 2022 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $6.50 price target.

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