JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp (NYSE:TPL), reported purchasing 1 share of common stock on August 11, 2025, at a price of $876.27. The total value of the purchase was $876. The purchase comes as TPL’s stock has declined over 36% in the past six months, despite maintaining impressive gross profit margins of 94.5% and a strong balance sheet with more cash than debt.
Following the transaction, Horizon Kinetics Asset Management LLC directly owns 1,163,972 shares of Texas Pacific Land Corp. According to InvestingPro analysis, TPL appears overvalued at current levels, though the company has maintained dividend payments for 12 consecutive years and boasts a healthy current ratio of 14.8x. Discover 15+ additional exclusive insights and detailed valuation metrics with InvestingPro’s comprehensive research report.
In other recent news, Texas Pacific Land Corporation reported its Q2 2025 earnings, which fell short of analysts’ expectations. The company’s earnings per share (EPS) were reported at $5.05, missing the anticipated $5.48, resulting in a 7.85% negative surprise. Additionally, revenue was reported at $187.54 million, which was below the forecasted $204 million, marking an 8.07% shortfall. These results indicate a significant miss in both earnings and revenue projections for the quarter.
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