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Murray Stahl, President and CEO of RENN Fund, Inc. (NYSE:RCG), recently acquired additional shares of the company’s common stock. According to a recent SEC filing, Stahl purchased a total of 1,278 shares on June 5, 2025, at a price of $2.63 per share. The total value of these transactions amounts to approximately $3,361. The stock, currently trading at $2.62, has delivered an impressive 57% return over the past year. InvestingPro analysis shows the fund maintains a strong financial health score of 3.44 (GREAT).
The transactions include shares acquired directly and indirectly through various entities. Following these purchases, Stahl’s direct ownership stands at 85,694 shares, while additional shares are held indirectly through accounts associated with his spouse and various corporations, such as Fromex Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Asset Management LLC. With a market capitalization of $18.38 million and a P/E ratio of 3.24, InvestingPro subscribers can access additional insights and 5 more ProTips about RCG’s valuation and growth prospects.
These acquisitions reflect Stahl’s continued investment in RENN Fund, a closed-end fund focusing on diversified holdings. The fund has demonstrated strong performance, with revenue growth of 30% in the last twelve months.
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