Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Karat Packaging Inc shares valued at $20,250,000 were sold by Cheng Marvin on Jun 12 ’25. At $27.00 per share, Cheng Marvin sold 750,000 shares. The insider’s holdings dropped to 5,369,772 shares worth approximately $143.48 million following the completion of this transaction.
Also, Yu Alan sold 750,000 shares, netting a total of over 20,250,000 in proceeds. Following the sale of shares at $27.00 each, the insider now holds 6,203,805 shares.
As published in a research note from William Blair on January 02, 2025, Karat Packaging Inc [KRT] has been rated down from an Outperform to a Mkt perform. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early August. As of January 04, 2023, Lake Street has initiated its “Buy” rating for KRT. Earlier on May 19, 2021, William Blair initiated its rating. Their recommendation was “an Outperform” for KRT stock.
Analyzing KRT Stock Performance
On last trading session,, Karat Packaging Inc [NASDAQ: KRT] plunged -0.22% to $26.72. The stock’s lowest price that day was $26.62, but it reached a high of $27.28 in the same session. During the last five days, there has been a surge of approximately 1.21%. Over the course of the year, Karat Packaging Inc shares have dropped approximately -11.70%. Shares of the company reached a 52-week high of $33.89 on 02/18/25 and a 52-week low of $23.00 on 04/07/25.
Support And Resistance Levels for Karat Packaging Inc (KRT)
According to the 24-hour chart, there is a support level at 26.47, which, if violated, would cause prices to drop to 26.21. In the upper region, resistance lies at 27.13. The next price resistance is at 27.53. RSI (Relative Strength Index) is 34.31 on the 14-day chart, showing neutral technical sentiment.
Is Karat Packaging Inc subject to short interest?
Stocks of Karat Packaging Inc saw a sharp rise in short interest on 2025-05-30 jumping by 23789.0 shares to 0.1 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 81014.0 shares. A jump of 22.7% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.73 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.73.
Which companies own the most shares of Karat Packaging Inc (KRT)?
In terms of Karat Packaging Inc share price expectations, FactSet research, analysts set an average price target of 33 in the next 12 months, up nearly 23.23% from the previous closing price of $26.78. Analysts anticipate Karat Packaging Inc stock to reach 33 by 2025, with the lowest price target being 33. In spite of this, 10 analysts ranked Karat Packaging Inc stock as Buy at the end of 2025. On May 11, 2021, DA Davidson assigned a price target of “a Buy” to the stock and initiated coverage with a $24.
