Adaptimmune stock plunges after announcing Nasdaq delisting plans
Horizon Kinetics Asset Management LLC, a ten percent owner in Texas Pacific Land Corp (NYSE:TPL), has disclosed purchasing 1 share of the company’s common stock. The transaction, which occurred on October 16, 2025, involved the acquisition of 1 share at a price of $934.95, totaling $934. Following the transaction, Horizon Kinetics Asset Management LLC directly owns 1,162,545 shares of Texas Pacific Land Corp. The stock, which has maintained dividend payments for 12 consecutive years, currently trades at a P/E ratio of 46.57. For deeper insights into TPL’s valuation and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 top US stocks.
In other recent news, Texas Pacific Land Corporation reported its Q2 2025 earnings, which fell short of expectations. The company’s earnings per share (EPS) were $5.05, below the forecasted $5.48, resulting in a 7.85% negative surprise. Revenue also missed projections, coming in at $187.54 million compared to the anticipated $204 million, marking an 8.07% shortfall. Additionally, Texas Pacific Land announced it will dual list its common stock on the newly established NYSE Texas exchange while maintaining its primary listing on the New York Stock Exchange. In governance news, board member Eric L. Oliver has decided not to stand for reelection at the 2025 annual meeting, although he will continue to serve until then. Meanwhile, Terra Property Trust, Inc. is focusing on debt repayment, aiming to pay off its 6.00% and 7.00% Senior Notes due in 2026. The company has adopted a more conservative financing strategy amid challenges in the commercial real estate market and higher interest rates. Terra Property Trust is exploring various funding sources to strengthen its balance sheet.
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