In a filing, Kinetik Holdings Inc revealed its 10% Owner ISQ Global Fund II GP LLC unloaded Company’s shares for reported $188.21 million on Jun 04 ’25. In the deal valued at $44.16 per share,4,262,090 shares were sold. As a result of this transaction, ISQ Global Fund II GP LLC now holds 1 shares worth roughly $43.74.
Then, ISQ Global Fund II GP LLC bought 4,262,090 shares, generating $194,564,408 in total proceeds.
Before that, ISQ Global Fund II GP LLC sold 1,044,519 shares. Kinetik Holdings Inc shares valued at $55,004,371 were divested by the 10% Owner at a price of $52.66 per share. As a result of the transaction, ISQ Global Fund II GP LLC now holds 657,583 shares, worth roughly $28.76 million.
Citigroup upgraded its Kinetik Holdings Inc [KNTK] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late April with a ‘”a Neutral”‘ rating. Scotiabank began covering KNTK with “Sector outperform” recommendation on January 10, 2025.
Price Performance Review of KNTK
On Friday, Kinetik Holdings Inc [NYSE:KNTK] saw its stock fall -0.76% to $43.74. Over the last five days, the stock has lost -2.96%. Kinetik Holdings Inc shares have fallen nearly -22.88% since the year began. Nevertheless, the stocks have risen 9.80% over the past one year. While a 52-week high of $67.60 was reached on 01/21/25, a 52-week low of $37.85 was recorded on 05/06/25. SMA at 50 days reached $44.37, while 200 days put it at $51.70.
Levels Of Support And Resistance For KNTK Stock
The 24-hour chart illustrates a support level at 43.38, which if violated will result in even more drops to 42.69. On the upside, there is a resistance level at 44.60. A further resistance level may holdings at 45.13. The Relative Strength Index (RSI) on the 14-day chart is 45.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.24%. Stochastics %K at 24.54% indicates the stock is a holding.
The most recent change occurred on April 22, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $40 price target.
