Kilroy Realty Corp.’s filing revealed that its insider Roth Heidi Rena unloaded Company’s shares for reported $0.21 million on Dec 21 ’23. In the deal valued at $40.61 per share,5,081 shares were sold. As a result of this transaction, Roth Heidi Rena now holds 53,046 shares worth roughly $1.85 million.
Then, Osmond John sold 3,594 shares, generating $146,816 in total proceeds. Upon selling the shares at $40.85, the EVP, Head of Asset Management now owns 9,937 shares.
Before that, Roth Heidi Rena sold 4,200 shares. Kilroy Realty Corp. shares valued at $133,471 were divested by the insider at a price of $31.78 per share. As a result of the transaction, Roth Heidi Rena now holds 58,127 shares, worth roughly $2.03 million.
Barclays initiated its Kilroy Realty Corp. [KRC] rating to an Equal weight in a research note published on March 27, 2024; the price target was $38. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in early March from “an Outperform” to “a Sector perform”. Deutsche Bank began covering KRC with “Hold” recommendation on January 30, 2024. Wolfe Research revised its rating on December 15, 2023. It rated KRC as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of KRC
On Monday, Kilroy Realty Corp. [NYSE:KRC] saw its stock jump 2.34% to $34.94. Over the last five days, the stock has lost -0.63%. Kilroy Realty Corp. shares have fallen nearly -12.30% since the year began. Nevertheless, the stocks have risen 9.11% over the past one year. While a 52-week high of $43.37 was reached on 01/10/24, a 52-week low of $25.96 was recorded on 02/13/24. SMA at 50 days reached $35.72, while 200 days put it at $34.66. A total of 0.56 million shares were traded, compared to the trading of 0.82 million shares in the previous session.
Levels Of Support And Resistance For KRC Stock
The 24-hour chart illustrates a support level at 34.58, which if violated will result in even more drops to 34.21. On the upside, there is a resistance level at 35.17. A further resistance level may holdings at 35.39. The Relative Strength Index (RSI) on the 14-day chart is 46.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.93%. Stochastics %K at 16.31% indicates the stock is a buying.
How much short interest is there in Kilroy Realty Corp.?
A steep rise in short interest was recorded in Kilroy Realty Corp. stocks on Mar 15, 2024, growing by 0.28 million shares to a total of 7.3 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 7.02 million shares. There was a rise of 3.84%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 8.44% of the overall stock float, the days-to-cover ratio (short ratio) rose to 6.84.
