-- Heidi Rena Roth, Executive Vice President, Chief Administrative Officer, on May 07, 2026, sold 19,541 shares in Kilroy Realty (KRC) for $688,187. Following the Form 4 filing with the SEC, Roth has control over a total of 83,173 common shares of the company, with 83,173 shares held directly.
SEC Filing:
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our $30 target price uses a forward TEV/EBITDA of 11.8x our 2026 EBITDA estimate as a going concern. Due to merger costs in Q1 2026, we lower our 2026 estimate to a loss per share of -$1.00 from prior -$0.06 and reduce 2027's by $0.05 to $0.05. Our revenue projections are $37.0B in 2026 and $38.0B in 2027. Netflix declined to raise its offer for WBD, and WBD's Board of Directors determined that PSKY's offer was a "superior proposal." Thus, WBD will be moving forward with getting the necessary approvals from regulators after shareholder approvals. We think the path to getting antitrust approvals from the DoJ and the EU provides deal risk due to a lengthy approval process, but one that we think is more doable than NFLX acquiring WBD. So, PSKY's approved acquisition of WBD could either transform PSKY into a media powerhouse or burden it with unsustainable leverage and integration challenges. The timeline to close before October 1 and obtain the necessary regulatory approvals remains uncertain, in our view.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target by $2 to $37 using a forward TEV/EBITDA of 13.4x versus the three-year historical average at 15.8x. Our more conservative target reflects positive execution by WMG but continued disruptive changes in the music industry from digital streaming. We raised our FY 26 (Sep.) EPS estimate by $0.25 to $1.65 and FY 27's by $0.05 to $1.75 on revenue projections of $7.3B and $7.63B, respectively. An important distinction about WMG is that it is a music wholesaler representing music artists and not a retail distributor for music listeners. WMG is focused on royalty processing systems for publishing or royalty statements for clients to drive more revenue from its digital supply and infrastructure. AI Entertainment owns 98% of the total combined voting power of the company. WMG renewed its deal with TikTok, resulting in improved economics. WMG is investing in AI to grow its market share, grow the value of music, and improve operational efficiency with its technology team.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $4 to $88, valuing the shares at 11x our 2026 operating EPS estimate of $8.00 (raised today by $0.15) and at 10x our 2027 EPs estimate of $8.90, vs. the one-year average forward multiple of 11x and a peer average of 13x. AIG posted strong Q1 results with operating EPS of $2.11 vs. $1.17 in the prior year, topping our $1.95 estimate and the $1.88 consensus view on improved claim trends. General Insurance net premiums written surged 24% to $5.6B, while underwriting income more than tripled to $774M with the combined ratio improving 850 bps to 87.3% on lower catastrophe losses. Though we caution Q1 results are not likely an annual run-rate, we view AIG as undervalued and believe its ability to produce above-peer underwriting profitability will provide a catalyst for shares to close their valuation gap with peers.