Navitas stock soars as company advances 800V tech for NVIDIA AI platforms
Murray Stahl, CEO and CIO of Horizon Kinetics Holding Corp (NASDAQ:HKHC), along with Horizon Common Inc, reported purchasing shares of common stock on September 5, 2025. The purchases, executed at a price of $39, totaled $897. The $717 million market cap company has shown strong momentum with a 58.61% return over the past year. According to InvestingPro analysis, HKHC currently trades at an attractive P/E ratio of 14.3x.
Stahl directly acquired 8 shares. Horizon Common Inc. purchased 6 shares indirectly. Additionally, 5 shares were bought indirectly through FRMO Corp, and 4 shares through Horizon Kinetics Hard Assets, LLC. The company maintains robust financial health with strong liquidity, as indicated by its "GOOD" Financial Health score. For deeper insights into HKHC’s valuation and 6 additional key ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Horizon Kinetics Holding Corp reported its second-quarter earnings for 2025, revealing significant revenue growth. 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, the earnings per share (EPS) exceeded forecasts, which had anticipated a loss of $0.56 per share. This revenue growth is a notable development for Horizon Kinetics, reflecting a positive trend in their financial performance. These recent developments have caught the attention of investors, as evidenced by the market’s reaction. Analysts and investors alike are closely monitoring how the company will continue to build on this revenue growth. The performance in this quarter could influence future analyst evaluations and investor expectations.
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