Texas Pacific Land (TPL) Insider LLC Buys $357 of Stock
Horizon Kinetics Asset Management added another share of Texas Pacific Land Corporation to its holdings through a series of recent transactions.
Reviewed by automated data checks against the source filing. How we make and check alerts
Horizon Kinetics Asset Management LLC bought 1 shares of Texas Pacific Land Corporation ($TPL) at an average price of $356.60, worth about $356.60, on June 17, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $TPL is up 6.5% after 1 week, up 17.3% after 1 month and down 0.8% to date (from the $353.91 close on Jun 17, 2026).
TPL
Texas Pacific Land Corporation
Key Points
- Horizon Kinetics Asset Management purchased shares of Texas Pacific Land Corporation NYSE TPL in a continuing series of transactions.
- Texas Pacific Land stock trades below its 50-day and 200-day moving averages as the market looks ahead to upcoming earnings.
- The land and resource management firm maintains strong operational margins while providing water services across the Permian Basin.
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Horizon Kinetics Continues Small Buys in Texas Pacific Land
Horizon Kinetics Asset Management added to its holdings in Texas Pacific Land Corporation NYSE TPL through a recurring pattern of small, frequent acquisitions. The asset manager bought 1 share on June 17, 2026, at a price of $356.60. This purchase follows a sequence of similar trades executed throughout late June 2026.
Recent Insider Activity and Purchase History
Additional transactions from Horizon Kinetics show steady accumulation of the stock across several dates. On June 22, 2026, the firm bought 1 share at $351.33, followed by another single-share purchase on June 23, 2026, at $370.60. The buying streak continued with purchases of 1 share at $374.10 on June 24, 2026, 1 share at $397.48 on June 26, 2026, 1 share at $410.88 on June 29, 2026, and 1 share at $435.74 on June 30, 2026. These transactions reflect a consistent approach to building the position over time.
Stock Price Levels and Trading Range
Texas Pacific Land shares change hands around $355.11, moving within a 52-week price span that stretches from a low of $269.23 up to a high of $547.20. The current price places the stock below both its 50-day moving average and its 200-day moving average, keeping the focus on how the equity reacts as it approaches future financial reports.
Strong Financial Results and Revenue Growth
Texas Pacific Land Corporation recently reported solid financial metrics, underpinned by revenue growth of 31.2% over the measured period. The enterprise operates with high profitability, generating a net margin of 60.3% and a return on equity of 36.6%. Observers can watch for the next earnings release scheduled for November 4, 2026, to gauge the company's ongoing operational trajectory.
Overview of Texas Pacific Land Corporation
Texas Pacific Land Corporation manages vast land holdings, oil and gas royalty interests, and water services primarily centered in the Permian Basin. The company handles surface acres, easements, and resource extraction leases while providing comprehensive water sourcing and disposal solutions to regional energy operators. Founded in 1888 and based in Dallas, Texas, the firm derives value from both traditional land ownership and essential infrastructure support.
Looking Ahead to Upcoming Filings
Investors monitoring the activity of major institutional holders can look to upcoming Form 4 filings for further updates on trading patterns. As Texas Pacific Land prepares for its late autumn earnings update, continued disclosures will shed more light on how asset managers adjust their long-term positions.
Related Filing Alerts
Source: Horizon Kinetics Asset Management LLC's Form 4 filing on $TPL (Jun 17, 2026). Find the original filing: TPL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts