Form 4: Horizon Kinetics Asset Management LLC Reports Purchase of Texas Pacific Land Corp Stock
SEC Form 4 Filing
Horizon Kinetics Asset Management LLC reports the purchase of one share of Texas Pacific Land Corp stock at $1,351.46.
Summary
- On February 6, 2025, Horizon Kinetics Asset Management LLC (HKAM) purchased one share of Texas Pacific Land Corp (TPL) common stock.
- The purchase price was $1,351.46 per share.
- Following the transaction, HKAM beneficially owns 1,166,993 shares of TPL.
- Murray Stahl's direct interest is 7,848 shares and his indirect interest is approximately 156,083 shares.
- Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Management Comments
- Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer.
Industry Context
This filing indicates ongoing investment activity by a major shareholder in Texas Pacific Land Corp, which could be of interest to other investors and analysts monitoring the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 12/18/2024 | Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, noting beneficial ownership of 3,578,173 shares and Murray Stahl's direct and indirect interests. |
| 02/06/2025 | Horizon Kinetics Asset Management LLC purchased one share of Texas Pacific Land Corp stock. |
| 02/07/2025 | Date of signature for the Form 4 filing. |
Keywords
Texas Pacific Land Corp, Horizon Kinetics Asset Management, TPL, beneficial ownership, Form 4, stock purchase, investment
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