Renn fund president Murray Stahl acquires $3,456 in common stock

Published 12/06/2025, 15:24
Renn fund president Murray Stahl acquires $3,456 in common stock

Murray Stahl, President and Co-Portfolio Manager of RENN Fund, Inc. (NYSE:RCG), has recently increased his holdings in the company through a series of transactions. According to the latest SEC filing, Stahl acquired a total of 1,280 shares of RENN Fund’s common stock on June 11, 2025, at a consistent price of $2.70 per share, near the stock’s 52-week high of $2.88. The total value of these transactions amounts to $3,456. The timing appears strategic, as InvestingPro data shows RCG has delivered an impressive 50.6% return over the past year.

The acquisitions were made across various accounts, both directly and indirectly, with Stahl holding shares in different capacities, including personal ownership and through entities like Horizon Common Inc. and Horizon Kinetics Asset Management LLC. Notably, Stahl disclaims beneficial ownership in certain indirect accounts, except where he has a pecuniary interest. The fund, with a market capitalization of $18.22 million, trades at an attractive P/E ratio of 3.29 and has shown strong revenue growth of approximately 30% in the last twelve months.

Following these transactions, Stahl’s direct ownership stands at 87,118 shares, with additional shares held indirectly through various entities and relationships. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access the detailed Pro Research Report, available for over 1,400 US stocks.

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