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RENN Fund, Inc. (EXCHANGE:RCG) President Murray Stahl has purchased shares of common stock, according to a Form 4 filing with the Securities and Exchange Commission on June 24, 2025. Stahl acquired a total of 1128 shares at a price of $2.59, with the total transaction amounting to $2869. The purchase comes as RCG shows strong momentum, with the stock up 59% over the past year and trading at $2.62, near its 52-week high of $2.88. According to InvestingPro, the company maintains a GREAT financial health score with a notably low P/E ratio of 3.32.
The filing indicates that on June 24, 2025, Stahl directly purchased 356 shares of RENN Fund, Inc. common stock. In addition, Stahl indirectly acquired shares through various entities, including 18 shares held by his spouse, 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.
Following these transactions, Stahl directly holds 89,966 shares and indirectly holds 668,370 shares.
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