HOULIHAN LOKEY INC

Ticker: HLI CUSIP: 441593100 Class: Common Stock

Baker Ellis Asset Management LLC's Holding History (CIK: 0001365559)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 2,500 Value ($000) $435 Avg Close $183.13 Range $169.41 - $204.73

Q3 2025

Shares 2,869 Value ($000) $589 Avg Close $195.01 Range $175.61 - $211.05

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,500	$435	$183.13	$169.41 - $204.73
Q3 2025	2,869	$589	$195.01	$175.61 - $211.05