Renn fund CEO Murray Stahl acquires $3,310 in shares

Published 03/06/2025, 17:10
Renn fund CEO Murray Stahl acquires $3,310 in shares

Murray Stahl, President and CEO of RENN Fund, Inc. (NYSE:RCG), has purchased additional shares of the company, according to a recent SEC filing. On June 2, 2025, Stahl acquired a total of 1,278 shares of RENN Fund’s common stock at a price of $2.59 per share, amounting to a total purchase value of $3,310. The purchase price was near the current trading level of $2.55, with the stock showing remarkable strength, up nearly 60% over the past year according to InvestingPro data.

The transactions were executed across various accounts, including direct ownership and several indirect holdings. The acquisitions reflect Stahl’s ongoing investment in the fund, as he continues to hold a significant stake both personally and through related entities. With a modest market capitalization of $17.89 million and an attractive P/E ratio of 3.24, InvestingPro analysis reveals additional valuable insights about this micro-cap fund’s potential.

As of the filing date, Stahl’s direct holdings in RENN Fund stood at 84,626 shares, while his indirect holdings, managed through entities such as Horizon Kinetics and FRMO Corp, also saw an increase. The filing indicates that Stahl disclaims beneficial ownership of some indirect holdings except to the extent of his pecuniary interest. InvestingPro data shows the fund maintains an overall GREAT financial health score of 3.44, with detailed analysis available in the comprehensive Pro Research Report.

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