** Alternative asset manager KKR's KKR.N shares climb 3.7% to $93.89

** KKR co-CEOs Joseph Bae and Scott Nuttall as well as board director Mary Dillon collectively bought $10.8 million worth of firm's shares recently, according to regulatory filings on Tuesday

** KKR insiders have now bought $46 million worth of firm's shares since February, according to data compiled by LSEG

** Buybacks and insider buying are the strongest signals companies can send to the market, according to analysts

** Alt asset manager stocks have sold off this year as anxiety climbed in private credit market due to questions about valuations and transparency

** 20 of 22 brokerages rate the stock "buy" or higher and two "hold"; median PT $136 - data compiled by LSEG

** As of last close, KKR stock was down 29% YTD