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buyModerate cluster of 3

Murray Stahl bought $907 of HKHC

CEO and CIO at Horizon Kinetics Holding Corp. 23 shares at an average of $39.45, traded Sep 4, 2025, filed Sep 5, 2025.

Conviction score
54
Value
$907
23 shares
Holdings after
23
+0% from before
From 52-week low
+99%
low $19.04, close $37.80
From 52-week high
-27%
high $51.70, as of Sep 4, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $907 at market
    0
  • Relative to holdings
    Under 1% of holdings (0.0%)
    -5
  • Price context
    27% below the 52-week high
    +4
  • Cluster
    3 insiders buying within 14 days
    +15
  • Repeat buying
    17 buys in 90 days
    +5
  • Track record
    Median 6-month excess return +20% over 57 past buys
    +10

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

HKHCOct 9, 2026 · close 20.49
Since filing Sep 5, 2025: -46.5%SPY +21.9% · excess -68.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001437749-25-028448, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 4, 2025POpen-market purchase
Common Stock
+8$39.45$316248,945Sep 5, 2025
Sep 4, 2025POpen-market purchase
Common Stockindirect: Horizon Common Inc.
+6$39.45$2378,216,627Sep 5, 2025
Sep 4, 2025POpen-market purchase
Common Stockindirect: FRMO Corp.
+5$39.45$197823,908Sep 5, 2025
Sep 4, 2025POpen-market purchase
Common Stockindirect: Horizon Kinetics Hard Assets, LLC
+4$39.45$15823Sep 5, 2025

Related signals

Other insiders at Horizon Kinetics Holding Corp and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
21Weak
HKHCbuy
Horizon Kinetics Holding Corp
Allison Nagelberg
director
$4,991
190 shares
+48%
18Weak
HKHCbuy
Horizon Kinetics Holding Corp
Alice C Brennan
director
$5,184
200 shares
+11%
54Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Murray Stahl
CEO and CIO
$919
24 shares
+0%
54Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Murray Stahl
CEO and CIO
$971
25 shares
+0%
54Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Murray Stahl
CEO and CIO
$897
23 shares
+0%
54Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Murray Stahl
CEO and CIO
$925
23 shares
+0%
54Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Murray Stahl
CEO and CIO
$874
23 shares
+0%
44Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Brent D Rosenthal
director
$11k
300 shares
+75%
54Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Murray Stahl
CEO and CIO
$798
21 shares
+0%
54Moderate
HKHCbuy 3
Horizon Kinetics Holding Corp
Murray Stahl
CEO and CIO
$798
21 shares
+0%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Murray Stahl bought $907 of HKHC | InsiderTell