After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Nextdoor Holdings Inc. (KIND) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.05, or -2.30%, to $2.12. The Nextdoor Holdings Inc. has recorded 53,942 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Nextdoor to Participate in September Investor Events.
KIND belongs to the Communication Services sector of the NYSE while operating in the Internet Content & Information industry. At the end of the last regular session, the stock closed at $2.17 and fluctuated between $2.1850 as its day high and $2.1300 as its day low. The current market capitalization of Nextdoor Holdings Inc. is $822.34M. A total of 0.8 million shares were traded on the day, compared to an average of 1.98M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, KIND has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 5,000 shares. Over the last 12 months, there were 0 BUYs and 3 SELLs from insiders. Insiders purchased 0 shares during that period but sold 7,500.
In the most recent transaction, Orta John sold 2,500 shares of KIND for 2.21 per share on Aug 17. After the transaction, the Head of Legal and Secretary now owns 556,423 company shares. In a previous transaction on Aug 10, Orta John sold 2,500 shares at 2.48 per share. KIND shares that Head of Legal and Secretary owns now total 556,423.
Among the insiders who sold shares, Orta John disposed of 2,500 shares on Jul 10 at a per-share price of $3.24. This resulted in the Head of Legal and Secretary holding 558,923 shares of KIND after the transaction. In another insider transaction, Orta John sold 2,500 shares at $2.90 per share on Jun 12. Company shares held by the Head of Legal and Secretary now total 561,423.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for KIND in the last 3 months, the mean price target is $3.35 with high estimates of $5.00 and low estimates of $2.40. In terms of 52-week highs and lows, KIND has a high of $3.61 and a low of $1.82.
As of this writing, KIND has an earnings estimate of -$0.1 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.09 per share and a lower estimate of -$0.11. The company reported an EPS of -$0.09 in the last quarter, which was 10.00% higher than expectations of -$0.1.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. KIND’s latest balance sheet shows that the firm has $715.81M in Cash & Short Term Investments as of fiscal 2021. There were $68.73M in debt and $33.50M in liabilities at the time. Its Book Value Per Share was $1.55, while its Total Shareholder’s Equity was $744.99M.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KIND is Buy with a score of 3.00.