Kimco Realty Corporation’s filing revealed that its Director LOURENSO FRANK unloaded Company’s shares for reported $0.19 million on Feb 14 ’25. In the deal valued at $22.30 per share,8,714 shares were sold. As a result of this transaction, LOURENSO FRANK now holds 203,810 shares worth roughly $4.27 million.
Then, Frank Lourenso bought 8,714 shares, generating $194,323 in total proceeds.
Before that, Jamieson David sold 50,000 shares. Kimco Realty Corporation shares valued at $1,096,040 were divested by the Chief Operating Officer at a price of $21.92 per share. As a result of the transaction, Jamieson David now holds 337,111 shares, worth roughly $7.06 million.
Jefferies downgraded its Kimco Realty Corporation [KIM] rating to a Hold from a a Buy in a research note published on January 02, 2025; the price target was decreased to $25 from $28. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “a Neutral”. Mizuho also remained covering KIM and has decreased its forecast on August 19, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Raymond James revised its rating on August 16, 2024. It rated KIM as “a Strong buy” which previously was an “a Mkt perform”.
Price Performance Review of KIM
On Tuesday, Kimco Realty Corporation [NYSE:KIM] saw its stock jump 1.01% to $20.95. Over the last five days, the stock has gained 1.60%. Kimco Realty Corporation shares have fallen nearly -10.58% since the year began. Nevertheless, the stocks have risen 12.62% over the past one year. While a 52-week high of $25.75 was reached on 01/28/25, a 52-week low of $17.39 was recorded on 03/14/25. SMA at 50 days reached $21.95, while 200 days put it at $22.40.
Levels Of Support And Resistance For KIM Stock
The 24-hour chart illustrates a support level at 20.64, which if violated will result in even more drops to 20.33. On the upside, there is a resistance level at 21.21. A further resistance level may holdings at 21.46. The Relative Strength Index (RSI) on the 14-day chart is 42.70, 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 low at 59.40%. Stochastics %K at 32.34% indicates the stock is a holding.
How much short interest is there in Kimco Realty Corporation?
A steep rise in short interest was recorded in Kimco Realty Corporation stocks on 2025-02-28, growing by 0.54 million shares to a total of 15.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 15.45 million shares. There was a rise of 3.38%, which implies that there is a positive sentiment for the stock.
