Insider Cluster (2 insiders) ·Filed Jun 18, 2026
Insider cluster: 2 insiders, $2K total
Actionable Insight • Neutral
No actionable signal from this cluster. The dollar amounts are too small to indicate insider conviction. Monitor for larger open-market purchases or sales from C-suite executives before drawing conclusions.
Final — all horizons settled through T+60d ⚠ clustered
TPL ▲ +2.86% at T+60d
NEUTRAL call +2.86% · α vs SPY +0.97% · entry $355.11 → $365.27
T+1d
+1.69%
call +1.69% · α +2.00%
$361.11
settled 4mo ago
T+5d
+10.12%
call +10.12% · α +11.78%
$391.04
settled 4mo ago
T+20d
+17.16%
call +17.16% · α +16.63%
$416.05
settled 3mo ago
T+60d
+2.86%
call +2.86% · α +0.97%
$365.27
settled 6w ago
Price Chart
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Executive Summary
Two insiders at Texas Pacific Land Corp (TPL) made open-market purchases totaling ~$2K over a 7-day window. The dollar amount is negligible relative to TPL's $24.5B market cap (0.000008%), making this cluster economically trivial and non-informative.
Key Financial Metrics
Direction
buying
Total Value
$2.0K
Insiders
2
Key Facts
- Total insider purchases: ~$2,000 across 5 trades
- Insiders: Horizon Kinetics Asset Management (10% owner) and Peter Doyle (Director)
- All trades were open-market buys; no sales in the cluster
- Trade sizes: 1–4 shares per transaction, at prices between $356.31 and $384.53
- Market cap: $24.5B — cluster value is 0.000008% of market cap
Financial Impact
Insider purchases of ~$2K are immaterial for a $24.5B company
Risk Factors
- Insider buying at these levels is not predictive of stock movement
Market Snapshot
Exchange
NYSE
Sector
Oil Royalty Traders
Analyst Consensus
75% bullish (8 analysts)
Investment Themes
Real Estate
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TPL-1781796474068 |
27 reports for TPL
100% Hit rate @ T+60 Went positive at some point 3 of 4 best @ T+60▲ +25.74%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | DEFA14A | $338.26 | awaiting T+60 | — | $333.46 (−1.42%) |
Oct 16, 2026 10d ago | Institutional Cluster | $344.61 | awaiting T+60 | — | $333.46 (−3.24%) |
Oct 8, 2026 18d ago | DEFA14A | $360.98 | awaiting T+60 | — | $333.46 (−7.62%) |
Sep 25, 2026 4w ago | 8-K | $338.15 | awaiting T+60 | — | $333.46 (−1.39%) |
Sep 25, 2026 4w ago | DEFA14A | $338.15 | awaiting T+60 | — | $333.46 (−1.39%) |
Sep 25, 2026 4w ago | DEFA14A | $338.15 | awaiting T+60 | — | $333.46 (−1.39%) |
Sep 25, 2026 4w ago | DEF 14A | $338.15 | awaiting T+60 | — | $333.46 (−1.39%) |
Sep 17, 2026 5w ago | 144 | $347.20 | awaiting T+60 | — | $333.46 (−3.96%) |
Jun 23, 2026 17w ago | 8-K | $377.56 $347.20 | ▼ −8.04% | ▼ −10.88% | $333.46 (−11.68%) |
Jun 18, 2026 18w ago | Insider Cluster | $355.11 $365.27 | ▲ +2.86% | ▲ +0.97% | $333.46 (−6.10%) |
Showing 10 of 27
US Market Status
Market Closed — Opens in 23m
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