Insiders Trades
Horizon Kinetics Holding Corp Stock: price and insider trades · United States
5 insiders bought €90k of shares over the last 90 days, the latest filed 22 Sept 2026.
Horizon Kinetics Holding Corp: what insiders have been doing
This page follows insider dealings at Horizon Kinetics Holding Corp as filed with SEC (Form 4), a company from the Finance & Banking sector. Over the twelve months to 18 October 2026, the company's managers filed 33 filings, from 7 insiders.
The flow runs one way only: 6 insiders bought (32 purchases totalling €134k) and nobody sold on the market. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Rosenthal Brent D filed the largest purchase, €46k, on 25 August 2026, which represents 0.012% of the company's market value. Among those who bought: 4 senior executives, 1 finance chief and 1 chief executive.
In all, 30 purchases were made within 30 days of a purchase by another insider of the company. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The most recent open-market purchase was published on 22 September 2026, 25 days ago. The median gap between a trade and its publication by SEC (Form 4) is 1 day. US insiders must file a Form 4 within two business days of a trade.
For context, the typical company on the same exchange (median of 5,458 companies) published 22 filings over the same period, against 33 filings here. Our records for Horizon Kinetics Holding Corp go back to 2021, with 103 purchases and 4 sales on the open market in total. For the fiscal year to 31 December 2025, the annual 10-K puts revenue at 72.8 m USD and net income at 5.1 m USD.
Elsewhere in the same sector, our signals recently picked up insider purchases at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
122
Thresholds
n/a
Buy Volume
€1M
103 ops. · all time
Sell Volume
€1M
4 ops. · all time
Who traded when
BuySaleMurray Stahl64 buys
Alice C. Brennan6 buys
Brent D. Rosenthal6 buys
Mark Herndon5 buys
Allison Nagelberg3 buys
Jay H. Kesslen2 buys
+4 other insiders
Since the insiders bought
- -23.0%Entry US$26.50 · Close 16 Oct 2026 US$20.40
- -21.9%Entry US$26.13 · Close 16 Oct 2026 US$20.40
- -21.7%Entry US$26.05 · Close 16 Oct 2026 US$20.40
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 15,577 of 24,148 companies
42.3
score / 100
Value23
Quality62
FCF yld-11%
Earn yld1.3%
EV/EBITDA27.1x
ROE2.3%
Gross mgn56%
Net mgn7.0%
Debt/EBITDA0.6x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$20.40
Analyst consensus
Income statement
RevenueUS$72.8M
Gross profitUS$40.8M56% margin
EBITDAUS$14.3M20% margin
Net incomeUS$5.1M64.9% margin
Valuation
PER (trailing)204.0x
P/Book1.0x
Beta-0.15
Balance sheet & cash
Market capUS$380.2M
Total debtUS$8.2M
Free Cash Flow-US$43.4M
Debt / Equity1%
Profitability & ownership
ROE2.3%
ROA0.2%
% insiders56.3%
% institutions7.0%
Last declaration on 22 September 2026
Declarations122 total
190 shares@ US$26.270.0011% mcap28.6% of flowCommon StockSEC:0001437749-26-030860:0
Canonical exit: 17 Dec 2026 (T+90)
200 shares@ US$25.920.0011% mcap9.7% of flowCommon StockSEC:0001437749-26-029558:0
Canonical exit: 1 Dec 2026 (T+90)
200 shares@ US$26.200.0011% mcap9.7% of flowCommon StockSEC:0001437749-26-029253:0
Canonical exit: 26 Nov 2026 (T+90)
200 shares@ US$26.000.0011% mcap9.7% of flowCommon StockSEC:0001437749-26-029156:0
Canonical exit: 25 Nov 2026 (T+90)
500 shares@ US$26.500.0029% mcap100.0% of flowCommon StockSEC:0001437749-26-029086:0
Canonical exit: 24 Nov 2026 (T+90)
200 shares@ US$26.750.0012% mcap9.9% of flowCommon StockSEC:0001437749-26-028964:0
Canonical exit: 23 Nov 2026 (T+90)
2,000 shares@ US$27.000.012% mcap46.7% of flowCommon StockSEC:0001437749-26-028880:0
Canonical exit: 22 Nov 2026 (T+90)
200 shares@ US$26.870.0012% mcap10.0% of flowCommon StockSEC:0001437749-26-028884:0
Canonical exit: 22 Nov 2026 (T+90)
200 shares@ US$26.750.0012% mcap40.8% of flowCommon StockSEC:0001437749-26-028621:1
Canonical exit: 18 Nov 2026 (T+90)
50 shares@ US$26.500.0003% mcap10.2% of flowCommon StockSEC:0001437749-26-028621:0
Canonical exit: 17 Nov 2026 (T+90)
10 shares@ US$34.601.5% of flowCommon StockSEC:0001437749-26-009561:0
Canonical exit: 18 Jun 2026 (T+90)
150 shares@ US$33.9629.0% of flowCommon StockSEC:0001437749-26-009345:0
Canonical exit: 18 Jun 2026 (T+90)
46 shares@ US$34.066.9% of flowCommon StockSEC:0001437749-26-009170:0
Canonical exit: 17 Jun 2026 (T+90)
10 shares@ US$34.001.5% of flowCommon StockSEC:0001437749-26-009013:0
Canonical exit: 16 Jun 2026 (T+90)
80 shares@ US$33.0320.4% of flowCommon StockSEC:0001437749-26-008985:0
Canonical exit: 16 Jun 2026 (T+90)
750 shares@ US$33.0521.7% of flowCommon StockSEC:0001437749-26-008979:0
Canonical exit: 16 Jun 2026 (T+90)
25,360 shares0Common StockSEC:0001437749-25-038709:0
12 shares@ US$27.001.4% of flowCommon StockSEC:0001437749-25-037519:0
Canonical exit: 10 Mar 2026 (T+90)
12 shares@ US$27.001.4% of flowCommon StockSEC:0001437749-25-037346:0
Canonical exit: 9 Mar 2026 (T+90)
12 shares@ US$26.731.4% of flowCommon StockSEC:0001437749-25-037223:0
Canonical exit: 8 Mar 2026 (T+90)
12 shares@ US$27.751.4% of flowCommon StockSEC:0001437749-25-037110:0
Canonical exit: 5 Mar 2026 (T+90)
12 shares@ US$27.751.4% of flowCommon StockSEC:0001437749-25-036961:0
Canonical exit: 4 Mar 2026 (T+90)
12 shares@ US$27.001.4% of flowCommon StockSEC:0001437749-25-036861:0
Canonical exit: 3 Mar 2026 (T+90)
12 shares@ US$27.231.4% of flowCommon StockSEC:0001437749-25-036763:0
Canonical exit: 2 Mar 2026 (T+90)
12 shares@ US$27.001.4% of flowCommon StockSEC:0001437749-25-036617:0
Canonical exit: 1 Mar 2026 (T+90)
25 of 122 declarations
About Horizon Kinetics Holding Corp
Horizon Kinetics Holding Corp (ticker HKHC) is a US-listed company that appears in SEC Form 4 insider-transaction filings and should be understood primarily as a financial-services and asset-management platform rather than a traditional operating industrial company. The business is based in New York, United States, with a principal address at 470 Park Avenue South, New York, NY 10016. ([horizonkinetics.com](https://horizonkinetics.com/about/?utm_source=openai))
The firm traces its origins to 1994, giving it a long-running investment culture built around fundamental research and a long-horizon orientation. The current public-company structure reflects a more recent corporate simplification and capital-markets transition: company materials indicate that a merger agreement was executed on March 15, 2011 to consolidate affiliated entities under the Horizon Kinetics umbrella, and that a reverse merger with Scott’s Liquid Gold-Inc. led to the company’s public debut in 2024 under the HKHC symbol. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000088000/000119312526104113/hkhc-20251231.htm?utm_source=openai))
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Operationally, Horizon Kinetics Holding Corp is the parent of Horizon Kinetics Asset Management LLC, an SEC-registered investment adviser. The group also includes KBD Securities, LLC and Kinetics Funds Distributor LLC, both SEC-registered limited-purpose broker-dealers and FINRA members. This structure points to a business model that combines investment management, advisory services, product distribution, and selective brokerage-related functions. ([horizonkinetics.com](https://horizonkinetics.com/about/?utm_source=openai))
From an investment standpoint, Horizon Kinetics emphasizes value-oriented, research-driven decision-making, long-term client relationships, and differentiated thematic investing. Its materials highlight portfolio analytics, client service, institutional business development, and fund/ETF distribution. A notable product example is the Horizon Kinetics Inflation Beneficiaries ETF, which underscores the firm’s focus on structural themes and inflation-sensitive equity exposures. ([horizonkinetics.com](https://horizonkinetics.com/?utm_source=openai))
In competitive terms, HKHC is a niche independent asset manager rather than a broad-market financial conglomerate. Its competitive edge lies in its distinctive research culture, specialized investment approach, and brand recognition among financial advisors, family offices, and investors looking for non-consensus strategies. Geographically, the company remains heavily centered in the United States, particularly New York, although its investment universe can span global markets and listed equities outside the US. ([horizonkinetics.com](https://horizonkinetics.com/about/?utm_source=openai))
Recent company developments that matter to investors include the 2024 public listing under HKHC, the filing of the 2024 annual report, and ongoing 2025-2026 corporate updates and founder communications that suggest continued product and platform development. For market participants, HKHC should be viewed as a specialized financial stock whose fundamentals are tied to assets under management, product performance, distribution reach, and the reputation of its investment team. ([sec.gov](https://www.sec.gov/Archives/edgar/data/88000/000106299325008249/formdef14a.htm?utm_source=openai))
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