Director MONTANARO LEOPOLD W purchases 10,000 shares of Kearny Financial (KRNY) at $6.57, expanding holdings to 265,227 shares
Director MONTANARO LEOPOLD W acquired 10,000 shares at $6.57, increasing his stake by 3.9% to 265,227 shares. The purchase occurs as Kearny Financial demonstrates strong recent operational metrics—annual revenue growth of 36.0%, a low P/E of 10.06, and quarterly net income of $6.6M—though the stock currently trades at $6.54, down 22.9% from its 52-week high of $8.48. The transaction price of $6.57 is marginally above the current price, suggesting the purchase was made during the recent modest uptrend (+0.9% over 30 days, +4.3% over 90 days). This insider purchase of size from an established director merits attention given the company's strong earnings trajectory and valuation metrics.