KD Kyndryl Holdings Inc

Kyndryl Holdings, Inc. (KD) underperformed the broader market, closing down 1.88% at $26.59. Despite this daily dip, the company's shares have shown a 4.59% increase over the last month, outperforming its sector and the S&P 500. Investors are now looking ahead to its upcoming earnings, with anticipated EPS growth of 17.65% and revenue growth of 4.51%.

Harbor Capital Advisors Inc. significantly reduced its stake in Kyndryl Holdings, Inc. (NYSE:KD) by 70.6% in Q3, selling 56,683 shares and retaining 23,610. Concurrently, Kyndryl SVP Vineet Khurana sold 6,641 shares, decreasing his position by 10.01%. Despite these insider sales, analysts maintain a "Moderate Buy" consensus rating with a target price of $38.00, while Kyndryl trades around $27.21, reporting Q3 EPS of $0.38 against estimates.

Voya Investment Management LLC increased its stake in Kyndryl Holdings, Inc. by 40.6% in the third quarter, bringing its total to 198,958 shares valued at approximately $5.98 million. Despite a recent insider share sale, institutional investors hold a significant majority of Kyndryl's stock. Analysts currently rate Kyndryl as a "Moderate Buy" with a consensus price target of $38.00, following the company beating its Q3 earnings per share estimates.

Kyndryl Holdings Inc (KD) has seen its stock drop 33.9% in the last six months to $27.26 per share due to weaker quarterly results. StockStory analysts are cautious about the company, citing a 4.8% annual revenue decline over five years, breakeven free cash flow limiting reinvestment, and negative 13.5% ROIC, indicating unprofitable growth initiatives. While its 8.2x forward P/E might seem cheap, analysts suggest avoiding KD due to shaky fundamentals and instead recommend looking into high-quality growth stocks.

Douglas Lane & Associates LLC reduced its stake in Kyndryl Holdings, Inc. by 6.4%, selling 55,729 shares and leaving them with 816,133 shares valued at approximately $24.5 million. This divestment comes as other hedge funds have modified their positions in Kyndryl, and the company recently beat Q3 EPS estimates despite missing revenue expectations. Analysts have an average "Moderate Buy" rating for Kyndryl with a $38.00 price target.

Kyndryl Holdings (KD) recently launched a Quantum Safe Assessment service and AI-powered services for IBM z/OS, aiming to become a key partner in encryption security and AI governance. These new offerings could strengthen Kyndryl's strategy of shifting from legacy infrastructure to higher-value consulting and security services. The company's investment narrative projects significant revenue and earnings growth, suggesting a potential upside to its current stock price, though investors should monitor the transition from older contracts.