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RENN Fund, Inc. (EXCHANGE:RCG) President and Co-Portfolio Manager Murray Stahl reported purchasing shares of common stock on July 15, 2025. The transactions involved the purchase of 1426 shares at a price of $2.65, totaling $2994. The stock, currently trading at $2.61, has shown impressive performance with a 49.94% return over the past year and trades at an attractive P/E ratio of 3.35.
The filing indicates that Stahl directly purchased 356 shares. Indirect purchases were made through a spouse (18 shares), Fromex Equity Corp (180 shares), FRMO Corp (180 shares), Horizon Common Inc. (296 shares), Horizon Kinetics Hard Assets LLC (18 shares) and Horizon Kinetics Asset Management LLC (82 shares). The $18.44M market cap company has demonstrated strong profitability, with a 100% gross margin in the last twelve months.
Following these transactions, Stahl directly holds 94,986 shares and indirectly holds varying amounts through different entities. InvestingPro analysis reveals additional insights about RCG’s performance and valuation metrics, with multiple ProTips available for subscribers.
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