Versor Investments LP Purchases New Stake in Kyndryl Holdings, Inc. (NYSE:KD)

Versor Investments LP purchased a new stake in Kyndryl Holdings, Inc. (NYSE:KDGet Rating) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,541 shares of the company’s stock, valued at approximately $165,000.

Other large investors have also added to or reduced their stakes in the company. Duncker Streett & Co. Inc. bought a new stake in Kyndryl in the 4th quarter valued at $27,000. JFS Wealth Advisors LLC bought a new stake in Kyndryl in the 4th quarter valued at $28,000. Edmond DE Rothschild Holding S.A. acquired a new position in Kyndryl in the 4th quarter valued at $34,000. TFC Financial Management acquired a new position in Kyndryl in the 4th quarter valued at $35,000. Finally, SRS Capital Advisors Inc. acquired a new position in Kyndryl in the 4th quarter valued at $36,000. Institutional investors own 44.48% of the company’s stock.

Insider Buying and Selling at Kyndryl

In other news, CEO Martin J. Schroeter acquired 83,700 shares of the firm’s stock in a transaction on Friday, May 13th. The shares were purchased at an average cost of $11.35 per share, with a total value of $949,995.00. Following the acquisition, the chief executive officer now directly owns 828,040 shares in the company, valued at approximately $9,398,254. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Martin J. Schroeter bought 83,700 shares of Kyndryl stock in a transaction dated Friday, May 13th. The shares were bought at an average cost of $11.35 per share, with a total value of $949,995.00. Following the acquisition, the chief executive officer now owns 828,040 shares in the company, valued at approximately $9,398,254. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Business Machine International sold 22,301,536 shares of the stock in a transaction on Thursday, May 19th. The stock was sold at an average price of $13.95, for a total value of $311,106,427.20. Following the sale, the insider now directly owns 22,301,536 shares in the company, valued at $311,106,427.20. The disclosure for this sale can be found here. Insiders have bought a total of 133,780 shares of company stock valued at $1,498,513 in the last ninety days. 0.23% of the stock is currently owned by corporate insiders.

Kyndryl Stock Up 0.8 %

Shares of NYSE KD opened at $10.47 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The stock’s fifty day moving average price is $10.50 and its two-hundred day moving average price is $12.57. Kyndryl Holdings, Inc. has a one year low of $9.10 and a one year high of $52.00.

Kyndryl (NYSE:KDGet Rating) last issued its quarterly earnings data on Wednesday, May 4th. The company reported ($0.18) EPS for the quarter. The business had revenue of $4.43 billion during the quarter. On average, sell-side analysts anticipate that Kyndryl Holdings, Inc. will post 0.05 earnings per share for the current year.

Kyndryl Company Profile

(Get Rating)

Kyndryl Holdings, Inc operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and cloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services.

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Institutional Ownership by Quarter for Kyndryl (NYSE:KD)

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