KKR & Co Inc (KKR US, +1, 09-May-25)
Robert Scully (Non Executive since 2010) purchased $1.5m of stock on the 6th May at $113.49, increasing his stake by 8%. He has an excellent record as a buyer at KKR and in his other Non-Exec roles (Chubb Ltd and Zoetis), qualifying as a “Smart Buyer”. He has bought stock on four occasions in this company, all around this size. His purchases were at $12.95 in November 2010, $19.93 in May 2013, $18.21 in August 2017, and most recently $48.13 in February 2021.
We ranked the stock based on the last 3 of these purchases, which delivered strong returns. It’s encouraging to see him now buying at more than 2x the price of his previous purchase. He was previously Co President, Chairman of global capital markets, and Vice Chairman of investment banking at Morgan Stanley.
We are ranking the stock +1 (strongly positive signal).
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