Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Murray Stahl, the President and CEO of RENN Fund, Inc. (NYSE:RCG), has recently increased his stake in the company through a series of stock purchases. According to a recent filing, Stahl acquired a total of 1,278 shares of RENN Fund’s common stock on June 3, 2025. The shares were purchased at a consistent price of $2.58 each, bringing the total transaction value to approximately $3,297. The purchase price represents an attractive entry point for the $18.52M market cap fund, which has delivered an impressive 61.6% return over the past year according to InvestingPro data.
The acquisitions were made across various accounts, including direct ownership and several indirect accounts associated with entities like Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. Notably, Stahl’s direct ownership now stands at 84,982 shares. Trading at a P/E ratio of just 3.28, the fund has shown strong momentum with a 16.22% gain year-to-date.
These transactions reflect Stahl’s ongoing commitment to RENN Fund, as he continues to play a significant role in the company’s leadership and ownership. For deeper insights into insider transactions and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.