In a filing, Kite Realty Group Trust revealed its Director Grimes Steven P unloaded Company’s shares for reported $0.31 million on Jun 12 ’25. In the deal valued at $22.62 per share,13,576 shares were sold. As a result of this transaction, Grimes Steven P now holds 697,037 shares worth roughly $15.56 million.
Then, Grimes Steven P sold 27,250 shares, generating $762,728 in total proceeds. Upon selling the shares at $27.99, the Director now owns 705,002 shares.
Before that, Grimes Steven P sold 37,295 shares. Kite Realty Group Trust shares valued at $999,506 were divested by the Director at a price of $26.80 per share. As a result of the transaction, Grimes Steven P now holds 732,252 shares, worth roughly $16.35 million.
Piper Sandler downgraded its Kite Realty Group Trust [KRG] rating to a Neutral from a an Overweight in a research note published on February 13, 2025; the price target was decreased to $25 from $33. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Wells Fargo also remained covering KRG and has increased its forecast on August 28, 2024 with a “an Equal weight” recommendation from previously “an Underweight” rating. Raymond James revised its rating on August 16, 2024. It rated KRG as “a Strong buy” which previously was an “a Mkt perform”.
Price Performance Review of KRG
On Tuesday, Kite Realty Group Trust [NYSE:KRG] saw its stock unchanged to $22.33. Over the last five days, the stock has lost -2.19%. Kite Realty Group Trust shares have fallen nearly -11.53% since the year began. Nevertheless, the stocks have risen 1.53% over the past one year. While a 52-week high of $28.24 was reached on 01/02/25, a 52-week low of $18.51 was recorded on 04/09/25.
Levels Of Support And Resistance For KRG Stock
The 24-hour chart illustrates a support level at 22.18, which if violated will result in even more drops to 22.03. On the upside, there is a resistance level at 22.46. A further resistance level may holdings at 22.59.
