KRNT Chief Product Officer Gazit Daniel Sells $10K of Stock
Chief Product Officer Daniel Gazit sold shares of Kornit Digital in a planned transaction, continuing a pattern of recent insider sales.
Reviewed by automated data checks against the source filing. How we make and check alerts
Gazit Daniel, Chief Product Officer at Kornit Digital Ltd. ($KRNT), sold 552 shares at an average price of $19.01, worth about $10,493.52, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $KRNT is down 7.3% after 1 week and down 7.3% to date (from the $18.30 close on Oct 9, 2026).
KRNT
Kornit Digital Ltd.
Key Points
- On October 9, 2026, Daniel Gazit sold 552 shares of Kornit Digital Ltd. at $19.01 each, totaling about $10,494.
- The stock recently traded around $16.79, which is below its average price target of $25.00 set by analysts.
- Gazit previously sold 274 shares on June 22, 2026, indicating a consistent pattern of selling in recent months.
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On October 9, 2026, Daniel Gazit, the Chief Product Officer at Kornit Digital Ltd. (NasdaqGS: KRNT), sold 552 shares for about $10,494. This sale was part of a planned transaction, adding to his previous insider trades in the company.
Inside Gazit's Trade
Gazit sold the shares at a price of $19.01 each. This transaction follows his earlier sale of 274 shares on June 22, 2026, where he also engaged in a planned sale. His recent activity shows a consistent pattern of selling shares in the company.
Other Institutional Activity in Kornit Digital
Senvest Management LLC increased its stake in Kornit Digital by 110,156 shares, bringing its total to 4,251,355 shares worth about $72.1 million. Artisan Partners Limited Partnership also raised its holdings by 525,303 shares, ending with 2,989,201 shares valued at around $50.7 million. Meanwhile, Morgan Stanley trimmed its position by 36,818 shares, holding 3,965,156 shares valued at about $67.2 million.
Kornit Digital Ltd. Stock Down 2.2%
The stock recently traded around $16.79, which is above its 52-week low of $11.93 but below its 52-week high of $19.78. It is currently above its 50-day moving average by about 0.7% and above its 200-day moving average by about 7.5%. However, it is about 15.1% below its 52-week high and approximately 32.8% below the average price target of $25.00 set by analysts.
Recent Earnings
Kornit Digital reported trailing twelve-month revenue of $215.8 million, with a year-over-year revenue growth of 11.2%. However, it has a negative net margin of -9.4% and a return on equity of -3.0%. The next earnings report is scheduled for November 4, 2026.
Insider Buying and Selling at Kornit Digital Ltd.
In addition to Gazit's recent sale, he sold 1,600 shares on August 12, 2026, at a price of $19.00 each, totaling $30,400. Earlier, on June 22, 2026, he sold 274 shares at $16.70 each for $4,575.80. The pattern of sales suggests that Gazit is actively managing his holdings in the company.
Analysts Set New Price Targets
On August 12, 2026, Needham maintained a 'Buy' rating with a price target of $23.00, up from $22.00. Morgan Stanley also maintained its 'Equal-Weight' rating with a target of $19.00 on August 13, 2026, up from $18.00.
About Kornit Digital Ltd.
Kornit Digital Ltd. develops and markets digital printing solutions for the textile industry, focusing on fashion, apparel, and home decor. Its products include printing systems, inks, and software for various printing needs. This insider selling comes as the company continues to navigate its market position.
Bottom Line
Investors should watch for Kornit Digital's earnings report on November 4, 2026, and any further insider trading activity. Gazit's recent sales reflect ongoing changes in his holdings, which may indicate his outlook on the company's future performance.
Related Filing Alerts
Source: Gazit Daniel's Form 4 filing on $KRNT (Oct 9, 2026). Find the original filing: KRNT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts