Kyndryl Target of Unusually Large Options Trading (NYSE:KD)

Kyndryl Holdings, Inc. (NYSE:KD) was the target of unusually large options trading activity on Wednesday. Stock investors purchased 5,399 put options on the stock. This is an increase of 174% compared to the typical volume of 1,968 put options.

Insider Activity

In other news, SVP Vineet Khurana sold 6,641 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.69, for a total transaction of $177,248.29. Following the sale, the senior vice president owned 59,708 shares in the company, valued at $1,593,606.52. This represents a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Kyndryl

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. lifted its holdings in shares of Kyndryl by 75.3% during the second quarter. Assetmark Inc. now owns 775 shares of the company’s stock worth $33,000 after purchasing an additional 333 shares during the period. Bessemer Group Inc. raised its position in Kyndryl by 11.2% during the 2nd quarter. Bessemer Group Inc. now owns 3,476 shares of the company’s stock worth $145,000 after buying an additional 351 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in Kyndryl by 4.9% during the 2nd quarter. Coldstream Capital Management Inc. now owns 7,933 shares of the company’s stock valued at $333,000 after acquiring an additional 368 shares during the period. ProShare Advisors LLC boosted its holdings in shares of Kyndryl by 4.1% in the 2nd quarter. ProShare Advisors LLC now owns 10,316 shares of the company’s stock valued at $433,000 after acquiring an additional 402 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Kyndryl by 0.5% in the third quarter. Public Employees Retirement System of Ohio now owns 77,612 shares of the company’s stock worth $2,331,000 after acquiring an additional 421 shares during the period. 71.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on KD. Zacks Research upgraded shares of Kyndryl from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Scotiabank initiated coverage on shares of Kyndryl in a research report on Tuesday, January 27th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. downgraded shares of Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 target price for the company. in a research report on Monday. Oppenheimer reiterated a “market perform” rating on shares of Kyndryl in a research note on Monday. Finally, Susquehanna set a $35.00 price target on Kyndryl in a research note on Thursday, November 6th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $32.80.

Key Kyndryl News

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl launched the Kyndryl Intelligent Recovery Service (KIRS), a cloud solution integrated with Kyndryl Bridge to accelerate recovery after cyber incidents — a product that can address growing enterprise demand for resiliency and compliance. Kyndryl Launches Intelligent Recovery Service
• Positive Sentiment: Kyndryl introduced agentic AI workflow governance (policy-as-code) to help regulated enterprises deploy AI agents with auditability and controls — a capability likely to appeal to large, compliance-sensitive customers. Agentic AI Workflow Governance
• Positive Sentiment: Kyndryl extended its partnership with Hertz (continuity in a major client relationship), which supports recurring services revenue amid near‑term headwinds. Kyndryl Extends Hertz Partnership
• Neutral Sentiment: Analyst notes and company commentary point to delayed sales and shifts in the IBM partnership that weigh on near-term performance; these are operational factors investors should monitor but are not single-event catalysts. KD Q4 deep dive: Delayed sales and IBM partnership shift weigh on performance
• Negative Sentiment: Accounting review, an announced late filing for the quarter, abrupt departures of the CFO and GC, and an SEC document request have triggered sharp investor selling and raised material disclosure concerns. These issues are the primary reason sentiment is negative today. Shares Crater Amid Late Filing and Departures
• Negative Sentiment: Numerous securities firms and plaintiff law firms have filed or advertised class actions and investigations alleging misstatements and weak internal controls; multiple notices increase litigation risk, potential costs, and distraction for management. Class Action Wave After Stock Drop
• Negative Sentiment: Analyst downgrades and unusual options activity (large increase in put buying) signal elevated short‑term downside expectations from the sell‑side and derivatives traders. Guggenheim Downgrades KD JPMorgan Lowers Rating

Kyndryl Stock Performance

KD stock opened at $11.29 on Friday. Kyndryl has a one year low of $10.10 and a one year high of $44.20. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 10.75 and a beta of 1.84. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a 50-day simple moving average of $24.65 and a two-hundred day simple moving average of $27.86.

Kyndryl (NYSE:KD) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). Kyndryl had a return on equity of 25.77% and a net margin of 1.65%.The firm had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $3.89 billion. During the same period in the previous year, the firm earned $0.51 EPS. The firm’s quarterly revenue was up .6% on a year-over-year basis. On average, equities analysts forecast that Kyndryl will post 0.73 EPS for the current fiscal year.

Kyndryl Company Profile

Kyndryl (NYSE: KD) is a global managed infrastructure services provider formed in November 2021 through the spin-off of IBM’s Managed Infrastructure Services business. The company designs, builds, manages and modernizes critical information technology systems for enterprises worldwide. Kyndryl’s core offerings include cloud migration and management, network and edge computing solutions, digital workplace services and IT resiliency and security capabilities.

With a workforce of approximately 90,000 professionals and operations in more than 60 countries, Kyndryl serves clients across a broad range of industries, including financial services, telecommunications, healthcare, manufacturing and retail.