Nextdoor Holdings Inc (NYSE:KIND) has a beta value of 0.97 and has seen 2.23 million shares traded in the last trading session. The company, currently valued at $806.94M, closed the last trade at $2.05 per share which meant it lost -$0.05 on the day or -2.38% during that session. The KIND stock price is -66.34% off its 52-week high price of $3.41 and 35.61% above the 52-week low of $1.32. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.94 million shares traded. The 3-month trading volume is 1.87 million shares.
Nextdoor Holdings Inc (NYSE:KIND) trade information
Sporting -2.38% in the red in last session, the stock has traded in the red over the last five days, when the KIND stock price touched $2.05 or saw a rise of 8.89%. Year-to-date, Nextdoor Holdings Inc shares have moved 8.47%, while the 5-day performance has seen it change -7.24%. Over the past 30 days, the shares of Nextdoor Holdings Inc (NYSE:KIND) have changed 14.53%. Short interest in the company has seen 4.66 million shares shorted with days to cover at 2.25.
Nextdoor Holdings Inc (KIND) estimates and forecasts
Figures show that Nextdoor Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 6.22% over the past 6 months, with this year growth rate of 27.03%, compared to 21.30% for the industry. Revenue growth from the last financial year stood is estimated to be 6.20%.
5 analysts offering their estimates for the company have set an average revenue estimate of $50.83 million for the current quarter. 5 have an estimated revenue figure of $56.45 million for the next quarter concluding in Jun 2024. Year-ago sales stood $49.77 million and $56.89 million respectively for this quarter and the next, and analysts expect sales will grow by 2.10% for the current quarter and -0.80% for the next.
KIND Dividends
Nextdoor Holdings Inc is expected to release its next earnings report between May 07 and May 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Nextdoor Holdings Inc (NYSE:KIND)’s Major holders
Insiders own 0.67% of the company shares, while shares held by institutions stand at 65.03% with a share float percentage of 65.46%. Investors are also buoyed by the number of investors in a company, with Nextdoor Holdings Inc having a total of 182 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 11.46 million shares worth more than $37.37 million. As of Jun 29, 2023, Vanguard Group Inc held 6.47% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 9.56 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $31.18 million and represent 5.40% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ARK ETF Tr-ARK Next Generation Internet ETF and Smallcap World Fund. As of Sep 29, 2023, the former fund manager holds about 3.88% shares in the company for having 6.87 million shares of worth $12.5 million while later fund manager owns 6.86 million shares of worth $22.36 million as of Jun 29, 2023, which makes it owner of about 3.87% of company’s outstanding stock.
