Luzon Group Shares Surge 20.4% as Amos Luzon's Stake Climbs by 229 Million NIS
Luzon Group shares surge 20.4% since October, boosting controlling shareholder Amos Luzon's stake by 229 million NIS to 1.35 billion NIS amid active market buying.
Amos Luzon and his eponymous real estate group are riding a strong wave on the Tel Aviv Stock Exchange, with the company's shares surging by roughly 20.4% since the beginning of October. Luzon Group shares are currently trading at 5.37 NIS, giving the company a total market capitalization of approximately 2.34 billion NIS.
Demonstrating robust confidence in the firm, Amos Luzon has been consistently acquiring shares. As of October 22, 2026, Luzon holds slightly over 25 million shares, representing 57.71% of the company's equity and voting rights. His direct stake is now valued at about 1.35 billion NIS, translating to an estimated paper gain of 229 million NIS in less than a month.
Institutional investors are also reaping the rewards of the rally. Mor Provident Funds holds approximately 11.96% of the capital, valued at 280 million NIS, while Menora Mivtachim Holdings holds 7.56%, valued at roughly 177 million NIS. Additional holdings are maintained by Mor Mutual Funds and Menora Nostro.
Luzon has recently reinforced his grip across his publicly traded real estate entities, which include Luzon Group, Luzon-Ronson, and Luzon Credit. Furthermore, Luzon Group, in partnership with Alpha Hedging, recently acquired shares in Cohan Properties for 19.5 million NIS, with Luzon taking a 60% controlling stake.
