Horizon Kinetics director Stahl buys $798 in HKHC stock

Published 02/09/2025, 20:20
Horizon Kinetics director Stahl buys $798 in HKHC stock

Murray Stahl, a director and CEO of Horizon Kinetics Holding Corp (NASDAQ: HKHC), indirectly and directly purchased a total of 21 shares of common stock on August 27, 2025, at a price of $38.00 per share, for a total value of $798. The purchase comes as HKHC, a $708 million market cap company, trades at an attractive P/E ratio of 14x and has delivered an impressive 55% return over the past year. According to InvestingPro analysis, the company maintains a GOOD financial health score.

The transactions included the purchase of 8 shares directly and purchases of 6, 5, and 2 shares indirectly through Horizon Common Inc., FRMO Corp, and Horizon Kinetics Hard Assets, LLC respectively. Get access to more detailed insider trading analysis and 5+ additional key insights about HKHC through InvestingPro’s comprehensive research reports.

In other recent news, Horizon Kinetics Holding Corp reported its second-quarter earnings for 2025, showcasing notable revenue growth. The company achieved revenues of $19.8 million, marking a significant increase from the $11.4 million reported in the same quarter of the previous year. Despite reporting a net loss per share of $0.06, this was a smaller loss than the anticipated $0.56 per share, which had been forecasted by analysts. The earnings report reflects a positive development for Horizon Kinetics as it navigates through its financial year. While the company’s stock price saw an increase, the focus remains on the substantial revenue growth that has been achieved. This recent development highlights the company’s progress in improving its financial performance. The earnings results are a key aspect of the company’s recent news, providing investors with crucial insights into its current financial state.

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