Nextdoor Holdings, Inc. (NYSE:KIND – Get Rating) Director David L. Sze acquired 2,175,518 shares of the stock in a transaction dated Monday, June 6th. The shares were bought at an average cost of 3.35 per share, for a total transaction of 7,287,985.30. Following the completion of the transaction, the director now owns 3,802,966 shares in the company, valued at 12,739,936.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
NYSE:KIND traded up 0.15 during trading hours on Tuesday, reaching 3.56. The stock had a trading volume of 6,202,300 shares, compared to its average volume of 2,141,005. Nextdoor Holdings, Inc. has a 52 week low of 2.47 and a 52 week high of 18.59. The company has a 50 day moving average price of 4.22 and a two-hundred day moving average price of 6.16.
Nextdoor (NYSE:KIND – Get Rating) last released its quarterly earnings data on Tuesday, May 10th. The company reported -0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of -0.14 by 0.05. The firm had revenue of 51.00 million during the quarter, compared to the consensus estimate of 48.40 million. As a group, analysts anticipate that Nextdoor Holdings, Inc. will post -0.3 EPS for the current year.
A number of large investors have recently added to or reduced their stakes in the business. Quantbot Technologies LP increased its position in shares of Nextdoor by 261.4% during the 1st quarter. Quantbot Technologies LP now owns 4,922 shares of the company’s stock valued at $29,000 after purchasing an additional 3,560 shares during the last quarter. Rockefeller Capital Management L.P. bought a new position in shares of Nextdoor during the 4th quarter valued at approximately $40,000. Penserra Capital Management LLC bought a new position in shares of Nextdoor during the 4th quarter valued at approximately $69,000. Envestnet Asset Management Inc. bought a new position in shares of Nextdoor during the 1st quarter valued at approximately $70,000. Finally, International Assets Investment Management LLC bought a new position in shares of Nextdoor during the 4th quarter valued at approximately $79,000.
About Nextdoor (Get Rating)
Nextdoor Holdings, Inc operates as the neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. It enables small and mid-sized businesses, large brands, public agencies, and nonprofits to receive information, give and get help, and build connections.
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