305,952 Shares in Kyndryl Holdings, Inc. $KD Acquired by ING Groep NV

Key Points

• ING Groep NV purchased a new stake of 305,952 shares in Kyndryl (NYSE:KD) during the third quarter, valued at about $9.19 million and representing roughly 0.13% ownership.
• Kyndryl disclosed a late SEC filing that revealed material internal control weaknesses and an SEC document request, followed by abrupt departures of its CFO and GC, which sparked a sharp selloff, multiple securities‑class actions and analyst downgrades.
• The company recently missed quarterly EPS estimates ($0.52 vs. $0.60) and opened at $12.10 with a market cap of $2.77 billion, trading near its 12‑month low amid heavy bearish options positioning.

ING Groep NV purchased a new stake in Kyndryl Holdings, Inc. (NYSE:KD - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 305,952 shares of the company's stock, valued at approximately $9,188,000. ING Groep NV owned 0.13% of Kyndryl at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of Kyndryl by 50.2% in the 1st quarter. Royal Bank of Canada now owns 148,178 shares of the company's stock worth $4,653,000 after purchasing an additional 49,504 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in Kyndryl by 15.8% in the first quarter. Integrated Wealth Concepts LLC now owns 8,025 shares of the company's stock valued at $252,000 after buying an additional 1,093 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Kyndryl by 1.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 733,068 shares of the company's stock worth $23,018,000 after buying an additional 11,177 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Kyndryl by 3.7% during the second quarter. Janney Montgomery Scott LLC now owns 21,508 shares of the company's stock worth $903,000 after buying an additional 758 shares during the last quarter. Finally, Blair William & Co. IL acquired a new stake in shares of Kyndryl during the second quarter worth approximately $227,000. 71.53% of the stock is owned by institutional investors.

Key Kyndryl News

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl extended its partnership with Hertz, showing continued customer engagement on at least one large account. Kyndryl Holdings (KD) Extends Hertz Partnership While Navigating Deal Slippages
• Positive Sentiment: The company announced a new “agentic AI workflow governance” capability (policy‑as‑code) aimed at regulated customers — a product that could help win or retain mission‑critical AI work over time. Kyndryl Unveils Agentic AI Workflow Governance for Trusted Deployment of Mission‑Critical AI Agents
• Neutral Sentiment: Oppenheimer reaffirmed a Market Perform rating (mixed/neutral view from a sell‑side firm), which tempers some panic but does not signal confidence to buy. Oppenheimer Reaffirms "Market Perform" Rating for Kyndryl NYSE: KD
• Negative Sentiment: Kyndryl said it will not timely file its quarterly report, disclosed material internal control weaknesses and revealed an SEC document request; those disclosures and immediate departures of the CFO and GC sparked the sharp selloff. Kyndryl Holdings (KD) Shares Crater Amid Late Filing, Abrupt CFO and GC Departures, SEC Investigation – Hagens Berman
• Negative Sentiment: Multiple securities‑class actions and law‑firm investigations have been filed/launched alleging misleading disclosures and accounting issues; litigation risk increases potential liabilities and investor uncertainty. Kyndryl Holdings (KD) Faces Securities Class Action Amid 55% Stock Drop After Four Bombshell Disclosures - Hagens Berman
• Negative Sentiment: Analysts have reacted with downgrades/negative notes (e.g., Guggenheim downgrade, JPMorgan cut to Underweight), amplifying selling pressure and reducing buy‑side support. Guggenheim downgrades Kyndryl Holdings (KD) Kyndryl NYSE: KD Rating Lowered to Underweight at JPMorgan Chase & Co.
• Negative Sentiment: Options market activity shows heavy bearish positioning (5,399 put options traded, ~174% above typical daily volume), indicating traders expect further downside.

Kyndryl Trading Up 8.8%

KD stock opened at $12.10 on Thursday. The business has a fifty day moving average of $24.95 and a 200-day moving average of $27.97. The company has a market cap of $2.77 billion, a P/E ratio of 11.53 and a beta of 1.84. Kyndryl Holdings, Inc. has a twelve month low of $10.10 and a twelve month high of $44.20. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.24.

Kyndryl (NYSE:KD - Get Free Report) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.60 by ($0.08). The firm had revenue of $3.86 billion during the quarter, compared to analyst estimates of $3.89 billion. Kyndryl had a return on equity of 25.77% and a net margin of 1.65%.Kyndryl's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 earnings per share. As a group, equities research analysts expect that Kyndryl Holdings, Inc. will post 0.73 EPS for the current year.

Insider Activity at Kyndryl

In other news, SVP Vineet Khurana sold 6,641 shares of Kyndryl stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.69, for a total transaction of $177,248.29. Following the completion of the sale, the senior vice president owned 59,708 shares in the company, valued at $1,593,606.52. The trade was a 10.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on KD shares. Oppenheimer reissued a "market perform" rating on shares of Kyndryl in a report on Monday. Susquehanna set a $35.00 price objective on Kyndryl in a research note on Thursday, November 6th. JPMorgan Chase & Co. cut Kyndryl from an "overweight" rating to an "underweight" rating and set a $16.00 target price on the stock. in a report on Monday. Zacks Research raised Kyndryl from a "strong sell" rating to a "hold" rating in a report on Wednesday, November 12th. Finally, Guggenheim downgraded shares of Kyndryl from a "buy" rating to a "neutral" rating in a research report on Tuesday. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $32.80.

About Kyndryl

Kyndryl NYSE: KD is a global managed infrastructure services provider formed in November 2021 through the spin-off of IBM's Managed Infrastructure Services business. The company designs, builds, manages and modernizes critical information technology systems for enterprises worldwide. Kyndryl's core offerings include cloud migration and management, network and edge computing solutions, digital workplace services and IT resiliency and security capabilities.

With a workforce of approximately 90,000 professionals and operations in more than 60 countries, Kyndryl serves clients across a broad range of industries, including financial services, telecommunications, healthcare, manufacturing and retail.

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