Kyndryl Holdings, Inc. (NYSE:KD) Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its stake in Kyndryl Holdings, Inc. (NYSE:KD) by 147.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 26,483 shares of the company’s stock after purchasing an additional 15,766 shares during the quarter. GSA Capital Partners LLP’s holdings in Kyndryl were worth $609,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in KD. Vanguard Group Inc. lifted its holdings in Kyndryl by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 25,913,034 shares of the company’s stock worth $563,868,000 after buying an additional 81,826 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Kyndryl by 32.3% during the 2nd quarter. Renaissance Technologies LLC now owns 2,765,800 shares of the company’s stock worth $72,768,000 after buying an additional 675,800 shares in the last quarter. Zimmer Partners LP lifted its holdings in Kyndryl by 1.3% during the 1st quarter. Zimmer Partners LP now owns 2,542,885 shares of the company’s stock worth $55,333,000 after buying an additional 32,000 shares in the last quarter. Cortland Associates Inc. MO lifted its holdings in Kyndryl by 35.7% during the 3rd quarter. Cortland Associates Inc. MO now owns 2,150,614 shares of the company’s stock worth $49,421,000 after buying an additional 565,263 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Kyndryl by 8.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,102,657 shares of the company’s stock worth $55,321,000 after buying an additional 158,160 shares in the last quarter. 71.53% of the stock is currently owned by institutional investors and hedge funds.

Kyndryl Price Performance

Kyndryl stock opened at $28.05 on Tuesday. The firm has a market cap of $6.52 billion, a PE ratio of -71.95, a price-to-earnings-growth ratio of 6.83 and a beta of 1.63. Kyndryl Holdings, Inc. has a 52-week low of $17.64 and a 52-week high of $28.93. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.65. The company’s 50 day moving average is $24.27 and its two-hundred day moving average is $24.95.

About Kyndryl

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.