Mutual of America Capital Management LLC Has $2.15 Million Holdings in Kyndryl Holdings, Inc. (NYSE:KD)

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Mutual of America Capital Management LLC boosted its position in Kyndryl Holdings, Inc. (NYSE:KDGet Rating) by 2.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 163,536 shares of the company’s stock after buying an additional 3,365 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Kyndryl were worth $2,146,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of KD. 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. bought a new stake in Kyndryl in the 4th quarter valued at $34,000. TFC Financial Management bought a new stake in Kyndryl in the 4th quarter valued at $35,000. Finally, SRS Capital Advisors Inc. bought a new stake in Kyndryl in the 4th quarter valued at $36,000. 44.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kyndryl

In other news, major shareholder Business Machine International sold 22,301,536 shares of the firm’s stock in a transaction dated Thursday, May 19th. The shares were sold at an average price of $13.95, for a total transaction of $311,106,427.20. Following the completion of the transaction, the insider now directly owns 22,301,536 shares of the company’s stock, valued at approximately $311,106,427.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, major shareholder Business Machine International sold 22,301,536 shares of the firm’s stock in a transaction dated Thursday, May 19th. The shares were sold at an average price of $13.95, for a total transaction of $311,106,427.20. Following the completion of the transaction, the insider now directly owns 22,301,536 shares of the company’s stock, valued at approximately $311,106,427.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Goldman Sachs Group Inc sold 380,000 shares of the firm’s stock in a transaction dated Tuesday, May 24th. The stock was sold at an average price of $12.20, for a total transaction of $4,636,000.00. Following the transaction, the insider now directly owns 22,307,055 shares of the company’s stock, valued at $272,146,071. The disclosure for this sale can be found here. Insiders purchased a total of 133,780 shares of company stock valued at $1,498,513 in the last ninety days. Company insiders own 0.23% of the company’s stock.

Kyndryl Stock Up 0.8 %

Shares of Kyndryl stock opened at $10.47 on Friday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.27. Kyndryl Holdings, Inc. has a fifty-two week low of $9.10 and a fifty-two week high of $52.00. The firm has a fifty day moving average price of $10.50 and a two-hundred day moving average price of $12.65.

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

Kyndryl Profile

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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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Want to see what other hedge funds are holding KD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kyndryl Holdings, Inc. (NYSE:KDGet Rating).

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