Kite Realty Group Trust’s recently made public that 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 $15.66 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 $16.45 million.
UBS initiated its Kite Realty Group Trust [KRG] rating to a Neutral in a research note published on July 01, 2025; the price target was $24. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid February from “an Overweight” to “a Neutral”. Jefferies also remained covering KRG and has decreased its forecast on January 02, 2025 with a “Hold” recommendation from previously “Buy” rating. Wells Fargo revised its rating on August 28, 2024. It rated KRG as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of KRG
On Tuesday, Kite Realty Group Trust [NYSE:KRG] saw its stock fall -0.79% to $22.47. Over the last five days, the stock has lost -0.79%. Kite Realty Group Trust shares have risen nearly 1.48% since the year began. Nevertheless, the stocks have fallen -10.97% 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 22.37, which if violated will result in even more drops to 22.26. On the upside, there is a resistance level at 22.65. A further resistance level may holdings at 22.82.
How much short interest is there in Kite Realty Group Trust?
A steep rise in short interest was recorded in Kite Realty Group Trust stocks on 2025-06-13, growing by 0.72 million shares to a total of 10.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 9.63 million shares. There was a rise of 6.94%, which implies that there is a positive sentiment for the stock.
