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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Horizon Kinetics buys Texas Pacific Land (TPL) share By Investing.com
Horizon Kinetics Asset Management LLC, a significant owner of Texas Pacific Land Corp (NYSE:TPL), recently purchased a single share of TPL common stock for $504.28, bringing their total direct ownership to 3,479,377 shares. This purchase occurred while TPL is trading near its 52-week high, having surged 74% year-to-date. Despite the strong performance, InvestingPro analysis suggests the stock is currently overvalued, yet KeyBanc recently raised its price target for TPL shares to $639, citing power generation and data center opportunities, and strong trends in the water segment.