Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Murray Stahl, President and Co-Portfolio Manager of RENN Fund, Inc. (exchange:RCG), acquired shares of common stock on August 13, 2025. The company, with a market capitalization of $17.61 million, has delivered impressive returns of 43.9% over the past year.
The transactions involved the purchase of common stock at a price of $2.53 per share. Stahl acquired a total of 1,126 shares through several transactions, with a total value of $2,858. The stock currently trades at a P/E ratio of 3.2, suggesting an attractive valuation metric.
Following these transactions, Stahl directly holds 102,462 shares. He also has indirect ownership through various entities, including his spouse, Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. According to InvestingPro, RCG shows strong returns over the last five years, with additional insights available in the comprehensive Pro Research Report.
In other recent news, iA Financial Corporation Inc. announced a definitive agreement to acquire RF Capital Group Inc. for $597 million. This all-cash transaction aims to bolster iA Financial’s presence in the Canadian independent wealth management sector. The acquisition values RF Capital’s common shares at $20.00 each, reflecting a premium of approximately 107% over RF Capital’s closing price on July 25. The deal comprises $370 million for RF Capital’s fully diluted equity and $227 million in financial obligations. These developments mark a significant step for iA Financial as it seeks to expand its market share. The agreement underscores the company’s strategic focus on enhancing its wealth management capabilities. This acquisition is expected to have a notable impact on the financial landscape in Canada.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.