Mar. 4 at 8:16 PM
KKR shares rose Tuesday after executives purchased
$10.8 million worth of stock. Co-CEOs Joseph Bae and Scott Nuttall, along with director Mary Dillon, made the purchases, according to regulatory filings.
The transactions are part of a broader wave of insider buying at the alternative asset manager, with insiders acquiring about
$46 million in shares since February, based on LSEG data. Analysts typically view buybacks and insider purchases as strong signals of confidence.
Alternative asset manager stocks have declined this year amid rising concerns over private credit valuations and transparency.
$KKR