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In a recent transaction, Murray Stahl, CEO and CIO of Horizon Kinetics Holding Corp (NASDAQ:HKHC), acquired common stock valued at $420. According to the SEC Form 4 filing, the purchase took place on May 27, 2025, and involved 10 shares at a price of $42 per share. The purchase comes as HKHC shows strong momentum, with the stock up nearly 15% in the past week and 69% over the last year. InvestingPro analysis suggests the stock is currently trading above its Fair Value.
Stahl’s direct acquisition of 8 shares increased his total holdings to 248,777 shares. In addition, Horizon Common Inc., an entity over which Stahl has discretionary control, acquired 2 shares, bringing its total to 8,216,541 shares. The transactions further consolidate Stahl’s position within the company, where he serves not only as CEO but also as a significant shareholder. The company, currently valued at $778 million, maintains strong financial health with a current ratio of 3.71 and trades at a P/E ratio of 10.4.
The filing also detailed other holdings indirectly associated with Stahl, including shares held by FRMO Corp., Kinetics Institutional Partners LP, and Kinetics Partners LP, over which he exercises discretion but disclaims beneficial ownership except for his pecuniary interest. These holdings reflect the broader structure of ownership and control within the Horizon Kinetics corporate group. For deeper insights into HKHC’s valuation and financial metrics, including 10+ additional ProTips, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Horizon Kinetics Holding Corp reported a significant increase in revenue for the first quarter of 2025, with figures reaching $19.8 million, up from $12.1 million in the same period last year. This represents a 63.6% year-over-year growth, driven by new fund launches and strategic investments. The company’s assets under management are nearing $11 billion, indicating strong growth. Despite these positive developments, the stock saw a decline of 2.04%, reflecting broader market conditions. Horizon Kinetics has also launched the Japan Owner Operator Fund and expanded its ETF offerings. The company is exploring uplisting opportunities and potential stock offerings or reverse mergers. CEO Murray Stahl emphasized the company’s focus on long-term investing and innovation in the evolving cryptocurrency market.
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