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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 on June 4, 2025, at a price of $41 per share, amounting to a total value of $410. The company, currently valued at $763 million, has demonstrated strong financial performance with a 41% revenue growth and maintains a healthy balance sheet according to InvestingPro data.
The transactions were made directly and indirectly, with 8 shares acquired directly by Stahl and 2 shares acquired indirectly through Horizon Common Inc. This acquisition adds to Stahl’s significant holdings, which include shares held through various entities such as FRMO Corp. and Kinetics Institutional Partners LP. These transactions are part of the ongoing adjustments following the merger between Horizon Kinetics LLC and Scotts Liquid Gold-Inc. For comprehensive insider trading analysis and additional insights, investors can access detailed reports through InvestingPro.
Stahl’s involvement with Horizon Kinetics is extensive, and he holds a significant position both as an executive and a major shareholder. The company trades at an attractive P/E ratio of 10.1 and has delivered an impressive 65% return over the past year, with InvestingPro analysis indicating the stock is currently fairly valued.
In other recent news, Horizon Kinetics Holding Corp reported a significant increase in revenues for the first quarter of 2025, reaching $19.8 million, up from $12.1 million in the same period last year. This 63.6% year-over-year growth was attributed to new fund launches and strategic investments. The company also expanded its ETF offerings and launched the Japan Owner Operator Fund, contributing to its robust performance. Horizon Kinetics’ assets under management approached $11 billion, highlighting its strong market position. Despite these positive developments, the stock saw a decline, reflecting broader market conditions. The firm is exploring uplisting opportunities and potential stock offerings or reverse mergers. Analyst firms have not provided recent upgrades or downgrades for Horizon Kinetics. The company remains focused on long-term investing and is actively exploring opportunities in smaller market cap stocks and the evolving cryptocurrency market.
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