KKR & Co. Inc’s filing revealed 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.
Wells Fargo upgraded its KKR & Co. Inc [KKR] rating to an Overweight from a an Equal weight in a research note published on March 20, 2025; the price target was decreased to $141 from $150. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Hold”. HSBC Securities began covering KKR with “Buy” recommendation on September 18, 2024. Wells Fargo started covering the stock on September 12, 2024. It rated KKR as “an Equal weight”.
Price Performance Review of KKR
On Friday, KKR & Co. Inc [NYSE:KKR] saw its stock fall -2.28% to $114.86. Over the last five days, the stock has lost -1.41%. KKR & Co. Inc shares have fallen nearly -22.34% since the year began. Nevertheless, the stocks have risen 13.67% 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 $136.32, while 200 days put it at $132.56.
Levels Of Support And Resistance For KKR Stock
The 24-hour chart illustrates a support level at 113.06, which if violated will result in even more drops to 111.26. On the upside, there is a resistance level at 117.54. A further resistance level may holdings at 120.22. The Relative Strength Index (RSI) on the 14-day chart is 39.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 54.21%. Stochastics %K at 63.64% 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 2025-03-14, dropping by -1.36 million shares to a total of 9.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 11.08 million shares. There was a decline of -13.97%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 27, 2024 when Redburn Atlantic began covering the stock and recommended ‘”a Buy”‘ rating along with a $153 price target.
