Kyndryl Holdings, Inc. (NYSE:KD) Shares Sold by Versor Investments LP

Versor Investments LP trimmed its holdings in shares of Kyndryl Holdings, Inc. (NYSE:KD) by 20.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 16,700 shares of the company’s stock after selling 4,385 shares during the quarter. Versor Investments LP’s holdings in Kyndryl were worth $384,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. River Global Investors LLP increased its holdings in shares of Kyndryl by 3.5% during the 3rd quarter. River Global Investors LLP now owns 75,916 shares of the company’s stock valued at $1,744,000 after purchasing an additional 2,540 shares in the last quarter. Atria Investments Inc increased its holdings in shares of Kyndryl by 4.5% during the 3rd quarter. Atria Investments Inc now owns 15,470 shares of the company’s stock valued at $356,000 after purchasing an additional 663 shares in the last quarter. Cortland Associates Inc. MO increased its holdings in shares of Kyndryl by 35.7% during the 3rd quarter. Cortland Associates Inc. MO now owns 2,150,614 shares of the company’s stock valued at $49,421,000 after purchasing an additional 565,263 shares in the last quarter. Pallas Capital Advisors LLC purchased a new stake in Kyndryl in the 3rd quarter worth $227,000. Finally, State of Alaska Department of Revenue increased its holdings in Kyndryl by 7.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 26,787 shares of the company’s stock worth $615,000 after acquiring an additional 1,820 shares in the last quarter. 71.53% of the stock is currently owned by institutional investors and hedge funds.

Kyndryl Price Performance

Shares of NYSE KD opened at $28.26 on Friday. The firm has a market cap of $6.56 billion, a PE ratio of -72.46, a PEG ratio of 6.89 and a beta of 1.63. The firm has a fifty day moving average of $24.06 and a 200 day moving average of $24.80. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.03 and a current ratio of 1.03. Kyndryl Holdings, Inc. has a one year low of $17.58 and a one year high of $28.93.

Kyndryl Profile

Kyndryl Holdings, Inc operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services.