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Murray Stahl, CEO and CIO of Horizon Kinetics Holding Corp (NASDAQ:HKHC), recently acquired additional shares of the company’s common stock. According to a recent SEC filing, Stahl purchased a total of 10 shares at a price of $41.50 each, amounting to an investment of $415. The company, which has delivered an impressive 65.8% return over the past year, currently maintains an excellent financial health score according to InvestingPro analysis.
The transactions took place on May 29, 2025, involving both direct and indirect acquisitions. Following these transactions, Stahl’s direct ownership stands at 248,793 shares. Additionally, Horizon Common Inc., an entity over which Stahl exercises discretion, now holds 8,216,545 shares, although he disclaims beneficial ownership of the majority of these shares. The company trades at an attractive P/E ratio of 10.3x and maintains strong balance sheet health with more cash than debt.
These acquisitions add to Stahl’s substantial holdings in the company, reflecting his ongoing commitment to Horizon Kinetics. The transactions also underscore his significant influence within the firm, given his roles as CEO, CIO, and a ten percent owner. For deeper insights into insider trading patterns and comprehensive analysis, including 8 additional key ProTips, check out the full research report on InvestingPro.
In other recent news, Horizon Kinetics Holding Corp reported a significant increase in revenue for the first quarter of 2025, totaling $19.8 million, up from $12.1 million in the same period last year. This 63.6% year-over-year growth was driven by new fund launches and strategic investments. The company also expanded its ETF offerings, including the launch of the Japan Owner Operator Fund, contributing to assets under management approaching $11 billion. Despite these positive developments, the stock experienced a 2.04% decline, reflecting broader market conditions. Horizon Kinetics continues to focus on long-term investing, exploring uplisting opportunities and potential stock offerings. The company is also capitalizing on cryptocurrency markets, leveraging its classification as property for potential tax advantages. CEO Murray Stahl emphasized the strategic focus on innovation and long-term growth, positioning the company to navigate market challenges effectively.
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