Renn fund president Stahl buys shares worth $2902

Published 27/06/2025, 19:30
Renn fund president Stahl buys shares worth $2902

Murray Stahl, President of RENN Fund, Inc. (EXCHANGE:RCG), has recently purchased a total of 1028 shares of common stock at $2.62 per share, for a total value of $2902. The micro-cap fund, currently valued at $18.63 million, has demonstrated strong performance with a 54.91% return over the past year. According to InvestingPro, the stock trades at an attractive P/E ratio of 3.36, suggesting potential value opportunity.

The transactions, which occurred on June 26, 2025, involved the acquisition of shares through several entities and directly. Stahl directly acquired 356 shares. Indirect purchases were made through a spouse (18 shares), Fromex Equity Corp (180 shares), FRMO Corp (180 shares), Horizon Common Inc (274 shares), Horizon Kinetics Hard Assets LLC (18 shares), and Horizon Kinetics Asset Management LLC (82 shares). For deeper insights into insider trading patterns and comprehensive financial analysis, InvestingPro subscribers can access detailed reports and real-time alerts.

Following these transactions, Stahl directly owns 90,678 shares of RENN Fund, Inc. The fund maintains a "GREAT" overall financial health score according to InvestingPro analysis, with particularly strong metrics in growth and price momentum.

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