Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kimbell Royalty Partners LP shares valued at $108,815 were sold by Rhynsburger Blayne on Mar 18 ’25. At $13.86 per share, Rhynsburger Blayne sold 7,851 shares. The insider’s holdings dropped to 49,263 shares worth approximately $0.68 million following the completion of this transaction.
Also, Wynne Mitch S. sold 22,000 shares, netting a total of over 302,940 in proceeds. Following the sale of shares at $13.77 each, the insider now holds 268,463 shares.
Before that, Rhynsburger Blayne had sold 5,000 shares from its account. In a trade valued at $82,050, the Controller traded Kimbell Royalty Partners LP shares for $16.41 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.62 million.
As published in their initiating research note from Mizuho on March 31, 2025, Kimbell Royalty Partners LP [KRP] has been a Neutral and the price target has been revised to $16. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early March. As of March 03, 2025, Raymond James has decreased its “Strong buy” rating to a “Mkt perform” for KRP. Earlier on January 30, 2024, Truist initiated its rating. Their recommendation was “a Buy” for KRP stock.
Analyzing KRP Stock Performance
During the last five days, there has been a surge of approximately 15.57%. Over the course of the year, Kimbell Royalty Partners LP shares have dropped approximately -15.40%. Shares of the company reached a 52-week high of $16.59 on 01/06/25 and a 52-week low of $10.98 on 04/09/25. A 50-day SMA is recorded $13.08, while a 200-day SMA reached $15.16.
Support And Resistance Levels for Kimbell Royalty Partners LP (KRP)
According to the 24-hour chart, there is a support level at 13.58, which, if violated, would cause prices to drop to 13.42. In the upper region, resistance lies at 13.93. The next price resistance is at 14.13. RSI (Relative Strength Index) is 60.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.10, which suggests the price will increase in the coming days. Percent R is at 18.10%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
