Categories: Insider Trading News

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.

This text was generated with the help of AI and reviewed by an editor. For extra data see our T&C.

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