KnowBe4 Inc. (NASDAQ:KNBE) has seen 1.29 million shares traded in the last trading session. The company, currently valued at $4.25B, closed the last trade at $27.40 per share which meant it gained $2.31 on the day or 9.21% during that session. The KNBE stock price is -33.83% off its 52-week high price of $36.67 and 38.8% above the 52-week low of $16.77. The 3-month trading volume is 734.88K shares.
The consensus among analysts is that KnowBe4 Inc. (KNBE) is an Overweight stock at the moment, with a recommendation rating of 2.10. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 4 out of 12 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.02.
KnowBe4 Inc. (NASDAQ:KNBE) trade information
Sporting 9.21% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the KNBE stock price touched $27.40 or saw a rise of 0.62%. Year-to-date, KnowBe4 Inc. shares have moved 13.50%, while the 5-day performance has seen it change 14.17%. Over the past 30 days, the shares of KnowBe4 Inc. (NASDAQ:KNBE) have changed 28.58%.
Wall Street analysts have a consensus price target for the stock at $29.58, which means that the shares’ value could jump 7.37% from current levels. The projected low price target is $23.00 while the price target rests at a high of $40.00. In that case, then, we find that the current price level is -45.99% off the targeted high while a plunge would see the stock lose 16.06% from current levels.
KnowBe4 Inc. (KNBE) estimates and forecasts
10 analysts offering their estimates for the company have set an average revenue estimate of $56.37 million for the current quarter. 10 have an estimated revenue figure of $61.3 million for the next quarter concluding in Sep 2021.
KnowBe4 Inc. is expected to release its next earnings report on August 02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
KnowBe4 Inc. (NASDAQ:KNBE)’s Major holders
Insiders own 2.88% of the company shares, while shares held by institutions stand at 99.96% with a share float percentage of 102.92%. Investors are also buoyed by the number of investors in a company, with KnowBe4 Inc. having a total of 49 institutions that hold shares in the company. The top two institutional holders are ETF Managers Group, LLC with over 2.25 million shares worth more than $70.38 million. As of Jun 29, 2021, ETF Managers Group, LLC held 15.66% of shares outstanding.
The other major institutional holder is Invesco Ltd., with the holding of over 1.6 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $50.14 million and represent 11.15% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ETF Managers Tr-EFTMG Prime Cyber Security ETF and Invesco Summit Fund, Inc. As of Jun 29, 2021, the former fund manager holds about 15.66% shares in the company for having 2.25 million shares of worth $70.38 million while later fund manager owns 0.61 million shares of worth $13.94 million as of Apr 29, 2021, which makes it owner of about 4.22% of company’s outstanding stock.