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Examining the Potential Price Growth of Kilroy Realty Corp. (KRC)

Kilroy Realty Corp.’s recently made public 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 $1.79 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 $1.96 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 Tuesday, Kilroy Realty Corp. [NYSE:KRC] saw its stock fall -1.72% to $33.80. Over the last five days, the stock has gained 0.21%. Kilroy Realty Corp. shares have fallen nearly -15.16% since the year began. Nevertheless, the stocks have risen 15.73% 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 04/16/24. SMA at 50 days reached $35.03, while 200 days put it at $34.85. A total of 0.98 million shares were traded, compared to the trading of 0.95 million shares in the previous session.

Levels Of Support And Resistance For KRC Stock

The 24-hour chart illustrates a support level at 33.55, which if violated will result in even more drops to 33.30. On the upside, there is a resistance level at 34.28. A further resistance level may holdings at 34.77. The Relative Strength Index (RSI) on the 14-day chart is 47.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.48%. Stochastics %K at 65.89% indicates the stock is a holding.

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