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Potential Kyndryl Holdings, Inc. (NYSE:KD) shareholders may wish to note that the Independent Director, Howard Ungerleider, recently bought US$212k worth of stock, paying US$10.59 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 66%.
View our latest analysis for Kyndryl Holdings
The Last 12 Months Of Insider Transactions At Kyndryl Holdings
Over the last year, we can see that the biggest insider purchase was by Chairman & CEO Martin Schroeter for US$997k worth of shares, at about US$17.10 per share. That means that an insider was happy to buy shares at above the current price of US$10.89. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
While Kyndryl Holdings insiders bought shares during the last year, they didn't sell. They paid about US$13.44 on average. This is nice to see since it implies that insiders might see value around current prices. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Kyndryl Holdings Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.2% of Kyndryl Holdings shares, worth about US$5.3m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.
So What Do The Kyndryl Holdings Insider Transactions Indicate?
It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Kyndryl Holdings insiders are reasonably well aligned, and optimistic for the future. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Kyndryl Holdings.
Of course Kyndryl Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.