In a filing, World Kinect Corp revealed its Chairman, CEO and President KASBAR MICHAEL J unloaded Company’s shares for reported $0.62 million on Mar 04 ’25. In the deal valued at $28.96 per share,21,507 shares were sold. As a result of this transaction, KASBAR MICHAEL J now holds 1,019,063 shares worth roughly $29.01 million.
Then, KASBAR MICHAEL J bought 21,507 shares, generating $622,765 in total proceeds.
Before that, Tejada Jose-Miguel sold 2,500 shares. World Kinect Corp shares valued at $70,188 were divested by the SVP, Chief Accounting Officer at a price of $28.08 per share. As a result of the transaction, Tejada Jose-Miguel now holds 30,858 shares, worth roughly $0.88 million.
Stifel downgraded its World Kinect Corp [WKC] rating to a Hold from a a Buy in a research note published on October 25, 2024; the price target was decreased to $32 from $33. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid September from “an Equal-weight” to “an Underweight”. JP Morgan began covering WKC with “Neutral” recommendation on February 21, 2024. Morgan Stanley started covering the stock on November 06, 2023. It rated WKC as “an Equal-weight”.
Price Performance Review of WKC
On Monday, World Kinect Corp [NYSE:WKC] saw its stock jump 1.71% to $28.47. Over the last five days, the stock has gained 1.43%. World Kinect Corp shares have risen nearly 3.49% since the year began. Nevertheless, the stocks have risen 8.62% over the past one year. While a 52-week high of $31.70 was reached on 02/24/25, a 52-week low of $22.70 was recorded on 04/21/25.
Levels Of Support And Resistance For WKC Stock
The 24-hour chart illustrates a support level at 28.08, which if violated will result in even more drops to 27.70. On the upside, there is a resistance level at 28.71. A further resistance level may holdings at 28.96.
The most recent change occurred on July 06, 2023 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $30 price target.
