Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Murray Stahl, President and CEO of RENN Fund, Inc. (NYSE:RCG), recently acquired additional shares in the company, according to an SEC filing. The purchase comes as RCG shows strong momentum, with InvestingPro data showing a remarkable 65% return over the past year and trading near its 52-week high of $2.88. On February 10, 2025, Stahl purchased a total of 1,242 shares of RENN Fund common stock at a price of $2.69 per share, amounting to a total investment of approximately $3,340.
The acquisitions were made across various accounts, including direct ownership and several indirect holdings through 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 holdings increased by 328 shares, while the remaining shares were allocated to different indirect accounts.
Stahl, who holds multiple roles within the company, including director and ten percent owner, continues to demonstrate confidence in RENN Fund’s prospects with these latest purchases. InvestingPro analysis flags that short-term obligations exceed liquid assets, with additional insights available to subscribers.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.