Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
RENN Fund, Inc. (EXCHANGE:RCG) President Murray Stahl acquired 1,128 shares of common stock on June 25, 2025, at a price of $2.60, totaling $2,880. The purchase comes as RCG shows strong momentum, with the stock delivering a 59% return over the past year and trading near $2.62, according to InvestingPro data. The fund, currently valued at $18.38 million, maintains a notably low P/E ratio of 3.32.
The transactions included the purchase of 356 shares held directly by Mr. Stahl, increasing his direct ownership to 90,322 shares. Additionally, 18 shares were purchased indirectly through his spouse, bringing the total indirect holdings to 2,456 shares. Other indirect purchases include 180 shares by FROMEX Equity Corp, 180 shares by FRMO Corp, 274 shares by Horizon Common Inc., 18 shares by Horizon Kinetics Hard Assets LLC and 82 shares by Horizon Kinetics Asset Management LLC.
Stahl also disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.