Westfield Capital Management Co. LP Sells 1,059,698 Shares of Kyndryl Holdings, Inc. $KD

Westfield Capital Management Co. LP trimmed its holdings in Kyndryl Holdings, Inc. (NYSE:KD) by 44.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,315,656 shares of the company’s stock after selling 1,059,698 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Kyndryl were worth $39,509,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of KD. Vanguard Group Inc. boosted its holdings in shares of Kyndryl by 6.1% during the 3rd quarter. Vanguard Group Inc. now owns 28,186,677 shares of the company’s stock valued at $846,446,000 after purchasing an additional 1,619,048 shares during the last quarter. ING Groep NV purchased a new stake in shares of Kyndryl in the third quarter worth about $9,188,000. Arnhold LLC boosted its stake in Kyndryl by 19.5% during the third quarter. Arnhold LLC now owns 1,010,671 shares of the company’s stock valued at $30,350,000 after buying an additional 164,856 shares during the last quarter. Penserra Capital Management LLC grew its holdings in Kyndryl by 21.1% during the 3rd quarter. Penserra Capital Management LLC now owns 315,439 shares of the company’s stock valued at $9,472,000 after buying an additional 54,945 shares in the last quarter. Finally, Sound Shore Management Inc CT bought a new stake in Kyndryl in the 3rd quarter worth approximately $61,113,000. Hedge funds and other institutional investors own 71.53% of the company’s stock.

Insider Activity

In related news, SVP Vineet Khurana sold 6,641 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was 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 directly owned 59,708 shares of the company’s stock, valued at approximately $1,593,606.52. This trade represents a 10.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on KD shares. JPMorgan Chase & Co. downgraded Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 target price for the company. in a research report on Monday, February 9th. Susquehanna lowered their price objective on shares of Kyndryl from $35.00 to $16.00 and set a “positive” rating for the company in a research report on Friday, February 13th. Zacks Research downgraded shares of Kyndryl from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 18th. Scotiabank initiated coverage on shares of Kyndryl in a report on Tuesday, January 27th. They issued an “outperform” rating for the company. Finally, Oppenheimer reiterated a “market perform” rating on shares of Kyndryl in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $29.00.

Kyndryl News Summary

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl was named a Leader in IDC’s 2025–2026 MarketScape for Mainframe Modernization, which supports the company’s credibility in a core service area and could help win enterprise deals. Kyndryl Named a Leader in 2025-2026 IDC MarketScape Worldwide for Mainframe Modernization Infrastructure Solutions
• Positive Sentiment: Kyndryl’s interim CFO is scheduled to present at the Morgan Stanley TMT Conference on March 3 — a forum where management can update investors and potentially reassure markets about strategy and outlook. KYNDRYL TO SPEAK AT THE MORGAN STANLEY TMT CONFERENCE ON MARCH 3
• Positive Sentiment: Short interest dropped materially in February (down ~25.8% vs. Jan 29), reducing immediate short‑pressure and implying some short-covering-driven buying interest. (No link provided)
• Neutral Sentiment: CNBC/Brian/Media commentary remains cautious — Jim Cramer said “it’s too early to recommend the stock,” which may temper momentum but isn’t new fundamental news. Jim Cramer on Kyndryl: “It’s Too Early to Recommend the Stock”
• Negative Sentiment: Kyndryl filed amended quarterly and annual reports disclosing material weaknesses in disclosure controls and internal control over financial reporting (periods ending Mar–Sep 2025) following the departure of three key executives — a substantive governance/financial‑reporting risk that increases investor uncertainty. Kyndryl Holdings (KD) Files Amended Quarterly and Fiscal Year Reports Detailing Material Internal Control Weaknesses
• Negative Sentiment: Numerous plaintiff law firms have filed or issued investor alerts about a securities‑fraud class action covering Aug 7, 2024–Feb 9, 2026 and are soliciting lead‑plaintiff candidates (lead‑plaintiff deadline cited as Apr 13, 2026) — this increases litigation risk, potential legal costs and management distraction. Representative notice: KD Investors Have Opportunity to Lead Kyndryl Holdings, Inc. Securities Fraud Lawsuit with The Schall Law Firm

Kyndryl Price Performance

Kyndryl stock opened at $12.30 on Friday. Kyndryl Holdings, Inc. has a 12-month low of $10.10 and a 12-month high of $44.20. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.75. The firm has a 50-day moving average price of $21.78 and a 200-day moving average price of $26.31. The firm has a market capitalization of $2.77 billion, a PE ratio of 11.71 and a beta of 1.84.

Kyndryl (NYSE:KD) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.52 earnings per share 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 analysts’ expectations of $3.89 billion. Kyndryl had a return on equity of 25.91% and a net margin of 1.65%.The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share. As a group, equities research analysts forecast that Kyndryl Holdings, Inc. will post 0.73 EPS for the current year.

Kyndryl Company Profile

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.