In a filing, KKR & Co. Inc revealed its 10% Owner KKR Genetic Disorder L.P. unloaded Company’s shares for reported $197.76 million on Mar 05 ’25. In the deal valued at $32.96 per share,6,000,000 shares were sold. As a result of this transaction, KKR Genetic Disorder L.P. now holds 19,260,971 shares worth roughly $2.08 billion.
Then, KKR Group Partnership L.P. sold 956,462 shares, generating $28,686,687 in total proceeds. Upon selling the shares at $29.99, the 10% Owner now owns 0 shares.
Before that, KKR Group Partnership L.P. sold 5,274,246 shares. KKR & Co. Inc shares valued at $1,634,860,909 were divested by the 10% Owner at a price of $309.97 per share. As a result of the transaction, KKR Group Partnership L.P. now holds 68,037 shares, worth roughly $7.36 million.
HSBC Securities downgraded its KKR & Co. Inc [KKR] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Wells Fargo began covering KKR with “an Equal weight” recommendation on September 12, 2024. Redburn Atlantic started covering the stock on August 27, 2024. It rated KKR as “a Buy”.
Price Performance Review of KKR
On Monday, KKR & Co. Inc [NYSE:KKR] saw its stock fall -6.16% to $108.17. Over the last five days, the stock has lost -18.68%. KKR & Co. Inc shares have fallen nearly -26.87% since the year began. Nevertheless, the stocks have risen 11.52% over the past one year. While a 52-week high of $170.40 was reached on 01/31/25, a 52-week low of $91.92 was recorded on 03/10/25. SMA at 50 days reached $145.33, while 200 days put it at $131.71.
Levels Of Support And Resistance For KKR Stock
The 24-hour chart illustrates a support level at 105.05, which if violated will result in even more drops to 101.92. On the upside, there is a resistance level at 111.54. A further resistance level may holdings at 114.90. The Relative Strength Index (RSI) on the 14-day chart is 21.51, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.84%. Stochastics %K at 10.21% indicates the stock is a buying.
The most recent change occurred on January 04, 2024 when TD Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $96 price target.
