Kellanova (NYSE:K) has been the subject of numerous recent trading activities. The company's shares were sold and acquired by multiple organizations, such as Mutual of America Capital Management, Janney Montgomery Scott LLC, Duality Advisers LP, and Private Advisor Group LLC. Major shareholders like the
Kellogg W. K. Foundation Trust have offloaded a significant number of shares, while others like Mirae Asset Global Investments Co. Ltd. have acquired more. Some traders also purchased large volumes of call options, suggesting a bullish outlook. Financial institutions like
Bank of America have set new price targets for Kellanova, currently at $62.00. Despite significant institutional ownership and Q1 earnings beating expectations, Kellanova received an average 'Hold' recommendation from brokerages, and the company's stock experienced instances of falls and rises. The stock showed a large growth in short interest and is hurt by high prices impacting sales.
Kellanova has recently separated from
Kellogg, with both stocks dropping on their first day after separation. Kellanova, however, marks a new era with a focus on growth and a decisive executive compensation and incentive plan.
Kellanova Stocks K News Analytics from Wed, 15 Mar 2023 07:00:00 GMT to Sun, 14 Jul 2024 14:00:28 GMT -
Rating 2
- Innovation 3
- Information 4
- Rumor -2
