Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kennametal Inc shares valued at $217,530 were purchased by Chowbey Sanjay on Feb 11 ’25. At $21.75 per share, Chowbey Sanjay acquired 10,000 shares. The insider’s holdings grew to 77,595 shares worth approximately $1.76 million following the completion of this transaction.
Also, Cardenas Franklin sold 20,470 shares, netting a total of over 578,052 in proceeds. Following the sale of shares at $28.24 each, the insider now holds 39,581 shares.
Before that, Cardenas Franklin had added 20,470 shares to its account. In a trade valued at $578,056, the Officer bought Kennametal Inc shares for $28.24 each.
As published in a research note from Jefferies on December 06, 2024, Kennametal Inc [KMT] has been rated down from a Buy to a Hold and the price target has been revised to $32 from $40. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in mid October. As of January 08, 2024, Morgan Stanley has initiated its “an Equal-weight” rating for KMT. Earlier on July 08, 2022, UBS downgraded its rating. Their new recommendation was “a Sell” for KMT stock which previously was a “a Neutral”.
Analyzing KMT Stock Performance
On last trading session,, Kennametal Inc [NYSE: KMT] rose 3.18% to $22.73. The stock’s lowest price that day was $22.135, but it reached a high of $22.87 in the same session. During the last five days, there has been a surge of approximately 2.71%. Over the course of the year, Kennametal Inc shares have dropped approximately -4.05%. Shares of the company reached a 52-week high of $24.79 on 01/21/25 and a 52-week low of $17.30 on 04/09/25.
Support And Resistance Levels for Kennametal Inc (KMT)
According to the 24-hour chart, there is a support level at 22.29, which, if violated, would cause prices to drop to 21.84. In the upper region, resistance lies at 23.02. The next price resistance is at 23.31. RSI (Relative Strength Index) is 63.15 on the 14-day chart, showing neutral technical sentiment.
Is Kennametal Inc subject to short interest?
Stocks of Kennametal Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.32 million shares to 3.86 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 4.18 million shares. A decline of -8.2% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.05 of the overall float, the days-to-cover ratio (short ratio) decline to 4.05.
Which companies own the most shares of Kennametal Inc (KMT)?
In terms of Kennametal Inc share price expectations, FactSet research, analysts set an average price target of 25 in the next 12 months, up nearly 13.48% from the previous closing price of $22.03. Analysts anticipate Kennametal Inc stock to reach 25 by 2025, with the lowest price target being 25. In spite of this, 7 analysts ranked Kennametal Inc stock as Hold at the end of 2025. On April 06, 2022, Loop Capital assigned a price target of “a Hold” to the stock and downgraded coverage with a $29.
