Kodiak Gas Services Inc’s filing revealed that its 10% Owner Frontier TopCo Partnership, L. unloaded Company’s shares for reported $116.05 million on May 12 ’25. In the deal valued at $36.02 per share,3,222,338 shares were sold. As a result of this transaction, Frontier TopCo Partnership, L. now holds 31,548,985 shares worth roughly $1.17 billion.
Then, Frontier TopCo Partnership, L. bought 3,998,544 shares, generating $144,007,562 in total proceeds.
Before that, Frontier TopCo Partnership, L. sold 3,728,677 shares. Kodiak Gas Services Inc shares valued at $177,112,158 were divested by the 10% Owner at a price of $47.50 per share. As a result of the transaction, Frontier TopCo Partnership, L. now holds 34,771,323 shares, worth roughly $1.29 billion.
Mizuho initiated its Kodiak Gas Services Inc [KGS] rating to an Outperform in a research note published on October 02, 2024; the price target was $36. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating. Redburn Atlantic began covering KGS with “Buy” recommendation on September 19, 2024.
Price Performance Review of KGS
On Friday, Kodiak Gas Services Inc [NYSE:KGS] saw its stock jump 1.54% to $37.00. Over the last five days, the stock has gained 4.79%. Kodiak Gas Services Inc shares have fallen nearly -9.38% since the year began. Nevertheless, the stocks have risen 40.90% over the past one year. While a 52-week high of $50.43 was reached on 01/30/25, a 52-week low of $24.83 was recorded on 04/07/25. SMA at 50 days reached $34.90, while 200 days put it at $36.51.
Levels Of Support And Resistance For KGS Stock
The 24-hour chart illustrates a support level at 36.65, which if violated will result in even more drops to 36.31. On the upside, there is a resistance level at 37.34. A further resistance level may holdings at 37.68. The Relative Strength Index (RSI) on the 14-day chart is 60.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.42%. Stochastics %K at 84.71% indicates the stock is a selling.
