KKR & Co. Inc’s recent filing unveils that its 10% Owner KKR Group Partnership L.P. unloaded Company’s shares for reported $29.22 million on Mar 10 ’25. In the deal valued at $9.91 per share,2,948,723 shares were sold. As a result of this transaction, KKR Group Partnership L.P. now holds 0 shares worth roughly $0.0.
Then, KKR Genetic Disorder L.P. sold 6,000,000 shares, generating $197,760,000 in total proceeds. Upon selling the shares at $32.96, the 10% Owner now owns 19,260,971 shares.
Before that, KKR Group Partnership L.P. sold 956,462 shares. KKR & Co. Inc shares valued at $28,686,687 were divested by the 10% Owner at a price of $29.99 per share. As a result of the transaction, KKR Group Partnership L.P. now holds 0 shares, worth roughly $0.0.
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 jump 2.09% to $115.68. Over the last five days, the stock has gained 6.94%. KKR & Co. Inc shares have fallen nearly -21.79% since the year began. Nevertheless, the stocks have risen 18.09% 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 $141.59, while 200 days put it at $131.89.
Levels Of Support And Resistance For KKR Stock
The 24-hour chart illustrates a support level at 112.25, which if violated will result in even more drops to 108.83. On the upside, there is a resistance level at 118.08. A further resistance level may holdings at 120.49. The Relative Strength Index (RSI) on the 14-day chart is 37.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.06%. Stochastics %K at 21.65% indicates the stock is a holding.
How much short interest is there in KKR & Co. Inc?
A steep rise in short interest was recorded in KKR & Co. Inc stocks on 2025-02-28, dropping by -0.56 million shares to a total of 9.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.15 million shares. There was a decline of -5.88%, which implies that there is a negative sentiment for the stock.
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.
