Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. World Kinect Corp shares valued at $622,843 were sold by KASBAR MICHAEL J on Mar 04 ’25. At $28.96 per share, KASBAR MICHAEL J sold 21,507 shares. The insider’s holdings dropped to 1,019,063 shares worth approximately $28.85 million following the completion of this transaction.
Also, KASBAR MICHAEL J purchased 21,507 shares, netting a total of over 622,765 in proceeds.
Before that, Tejada Jose-Miguel had sold 2,500 shares from its account. In a trade valued at $70,188, the SVP, Chief Accounting Officer traded World Kinect Corp shares for $28.08 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $0.87 million.
As published in a research note from Stifel on October 25, 2024, World Kinect Corp [WKC] has been rated down from a Buy to a Hold and the price target has been revised to $32 from $33. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid September. As of February 21, 2024, JP Morgan has initiated its “Neutral” rating for WKC. Earlier on November 06, 2023, Morgan Stanley initiated its rating. Their recommendation was “an Equal-weight” for WKC stock.
Analyzing WKC Stock Performance
On last trading session,, World Kinect Corp [NYSE: WKC] plunged -0.77% to $28.31. The stock’s lowest price that day was $28.135, but it reached a high of $28.47 in the same session. During the last five days, there has been a surge of approximately 2.91%. Over the course of the year, World Kinect Corp shares have jumped approximately 2.91%.
Support And Resistance Levels for World Kinect Corp (WKC)
RSI (Relative Strength Index) is 63.19 on the 14-day chart, showing neutral technical sentiment.
Is World Kinect Corp subject to short interest?
Stocks of World Kinect Corp saw a sharp steep in short interest on 2025-05-30 dropping by -0.34 million shares to 4.56 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 4.9 million shares. A decline of -7.37% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 6.9 of the overall float, the days-to-cover ratio (short ratio) decline to 6.9.
Which companies own the most shares of World Kinect Corp (WKC)?
In terms of World Kinect Corp share price expectations, FactSet research, analysts set an average price target of 28 in the next 12 months, down nearly -1.86% from the previous closing price of $28.53. Analysts anticipate World Kinect Corp stock to reach 33 by 2025, with the lowest price target being 27. In spite of this, 1 analysts ranked World Kinect Corp stock as Buy at the end of 2025. On July 06, 2023, Raymond James assigned a price target of “an Outperform” to the stock and initiated coverage with a $30.
