KBR (NYSE: KBR) insiders, specifically a trio of directors and the CFO, bought shares in May, signaling confidence in the company’s health and the stock’s deep value. Trading at multi-year lows, KBR shares were valued at pennies to the dollar relative to long-term forecasts, with a value-unlocking catalyst in the works. The company plans to spin off its two segments as standalone pureplays later this year, enabling greater focus and flexibility for each and potentially unlocking solid triple-digit gains for investors.
Investors can capitalize on the spin by buying KBR shares ahead of the closing date, which has not yet been announced. The deal will likely include a dual-listing period during which KBR shares may be bought on a pre- and post-spin basis until the official closing.
