Horizon Kinetics CEO Murray Stahl acquires shares price $603

Murray Stahl, CEO and CIO of Horizon Kinetics Holding Corp (HKHC), lately acquired a small variety of shares within the firm, in accordance with a current SEC submitting. The transactions, accomplished on December 5, 2024, concerned the acquisition of 14 shares at a worth of $43.10 every, totaling roughly $603. The acquisition worth sits close to the center of HKHC’s 52-week vary of $19.50 to $53.00, with the corporate presently valued at roughly $745 million.

Following these transactions, Stahl’s direct possession consists of 248,730 shares, with extra oblique holdings by way of numerous entities. Notably, a good portion of those shares had been acquired as a part of a merger with Scotts Liquid Gold-Inc earlier this 12 months, although many are usually not out there for buying and selling. The corporate has demonstrated sturdy efficiency, with a 60% return over the previous 12 months. In keeping with InvestingPro evaluation, HKHC maintains sturdy monetary well being with a stable stability sheet, holding more money than debt. This submitting gives perception into Stahl’s ongoing funding within the firm, reflecting his continued dedication to Horizon Kinetics.

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