Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kyndryl Holdings Inc shares valued at $2,374,491 were sold by Khurana Vineet on Feb 06 ’25. At $42.81 per share, Khurana Vineet sold 55,465 shares. The insider’s holdings dropped to 43,877 shares worth approximately $1.73 million following the completion of this transaction.
Also, Sebold Edward sold 27,500 shares, netting a total of over 1,177,782 in proceeds. Following the sale of shares at $42.83 each, the insider now holds 132,818 shares.
Before that, Khurana Vineet had added 55,465 shares to its account. In a trade valued at $2,374,491, the Officer bought Kyndryl Holdings Inc shares for $42.81 each.
As published in a research note from Oppenheimer on November 22, 2024, Kyndryl Holdings Inc [KD] has been retained to an Outperform and the price target has been revised to $37. Analysts at BofA Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late November. As of June 27, 2024, Oppenheimer has initiated its “an Outperform” rating for KD. Earlier on February 12, 2024, Susquehanna upgraded its rating. Their new recommendation was “a Positive” for KD stock which previously was a “a Neutral”.
Analyzing KD Stock Performance
During the last five days, there has been a drop of approximately -3.39%. Over the course of the year, Kyndryl Holdings Inc shares have jumped approximately 13.73%. Shares of the company reached a 52-week high of $43.61 on 02/05/25 and a 52-week low of $26.39 on 04/07/25.
Support And Resistance Levels for Kyndryl Holdings Inc (KD)
According to the 24-hour chart, there is a support level at 39.10, which, if violated, would cause prices to drop to 38.85. In the upper region, resistance lies at 39.67. The next price resistance is at 40.00. RSI (Relative Strength Index) is 66.38 on the 14-day chart, showing neutral technical sentiment.
