Nextdoor (NYSE:KIND - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $63.12 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Nextdoor Stock Down 6.0 %
NYSE:KIND traded down $0.17 on Friday, reaching $2.59. 635,159 shares of the company's stock were exchanged, compared to its average volume of 1,270,030. The firm has a market capitalization of $987.83 million, a price-to-earnings ratio of -8.08 and a beta of 1.07. The business has a fifty day moving average of $2.51 and a 200-day moving average of $2.49. Nextdoor has a 52-week low of $1.67 and a 52-week high of $2.99.
Analyst Ratings Changes
KIND has been the topic of a number of recent research reports. Craig Hallum initiated coverage on shares of Nextdoor in a research note on Thursday, January 30th. They set a "buy" rating and a $4.00 target price on the stock. The Goldman Sachs Group upped their target price on shares of Nextdoor from $2.50 to $3.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th.
Check Out Our Latest Stock Analysis on Nextdoor
Insider Buying and Selling at Nextdoor
In other Nextdoor news, General Counsel Sophia Schwartz sold 16,834 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $2.45, for a total value of $41,243.30. Following the transaction, the general counsel now directly owns 215,536 shares in the company, valued at $528,063.20. This represents a 7.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 46.04% of the stock is currently owned by insiders.
About Nextdoor
(
Get Free Report)
Nextdoor Holdings, Inc operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. The company enables neighbors and organizations to get information, give and get help, and build connections. It also offers advertising solutions, designs to generate value for businesses for connection and sales expansion.
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