Kyndryl Holdings, Inc. (NYSE:KD) Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. increased its position in Kyndryl Holdings, Inc. (NYSE:KD) by 39.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,841 shares of the company’s stock after buying an additional 6,688 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Kyndryl were worth $548,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of KD. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Kyndryl by 22.5% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 104,216 shares of the company’s stock worth $2,246,000 after purchasing an additional 19,156 shares during the last quarter. Vanguard Group Inc. boosted its stake in Kyndryl by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 25,913,034 shares of the company’s stock worth $563,868,000 after purchasing an additional 81,826 shares during the period. Acadian Asset Management LLC acquired a new stake in Kyndryl during the 1st quarter valued at $26,000. Price T Rowe Associates Inc. MD boosted its position in shares of Kyndryl by 5.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 129,703 shares of the company’s stock worth $2,823,000 after buying an additional 6,959 shares during the period. Finally, Bayesian Capital Management LP purchased a new position in shares of Kyndryl during the first quarter valued at $269,000. 71.53% of the stock is owned by institutional investors and hedge funds.

Kyndryl Price Performance

Shares of Kyndryl stock opened at $28.06 on Wednesday. The stock has a 50-day moving average price of $24.48 and a 200 day moving average price of $25.06. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.65. The company has a market cap of $6.52 billion, a P/E ratio of -71.94, a P/E/G ratio of 6.73 and a beta of 1.63. Kyndryl Holdings, Inc. has a 1 year low of $17.64 and a 1 year high of $28.93.

Kyndryl Company 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.