Horizon Kinetics holding sees insider buys totaling $798

Published 02/09/2025, 19:22
Horizon Kinetics holding sees insider buys totaling $798

On August 29, 2025, several purchases of Horizon Kinetics Holding Corp (NASDAQ:HKHC) common stock were reported. Murray Stahl, CEO and CIO, acquired 8 shares directly at a price of $38. The company, currently trading at a P/E ratio of 14.14, has demonstrated strong performance with a 54.75% return over the past year. According to InvestingPro analysis, the stock appears slightly overvalued at current levels.

In addition, Horizon Common Inc. bought 6 shares, FRMO Corp. purchased 5 shares, and Horizon Kinetics Hard Assets, LLC acquired 2 shares. The price for all purchases was $38.

The total value of all "P" transactions amounted to $798.

In other recent news, Horizon Kinetics Holding Corp reported its second-quarter earnings for 2025, revealing significant developments. The company achieved revenues of $19.8 million, marking a substantial increase from $11.4 million in the same quarter of the previous year. Despite reporting a net loss per share of $0.06, this performance was better than the anticipated loss of $0.56 per share. This earnings report was accompanied by a notable rise in Horizon Kinetics’ stock price. These results highlight the company’s revenue growth and its ability to outperform analysts’ expectations. Investors have shown a positive reaction to these recent developments. The earnings call transcript indicated a focus on continued growth and strategic initiatives. Analysts from various firms have been closely monitoring these results, reflecting the interest in the company’s financial health and future prospects.

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