Jackson Financial Inc – (JXN, +1, Dec 16th)
Derek Kirkland (Director) purchased 6,500 shares on December 14th at $38.14, spending $248,000 and increasing his holdings by 50% to 19,161 shares. We ranked this stock +N on November 17th based on a $1.3m purchase from Paul Meyers (Vice Chairman, JHLLC) at $32.95.
This company was spun-out from Prudential in September 2021 and already announced a $300 million repurchase program, $185 million of which has already been bought.
We are upgrading the shares further, from +N to +1.