Renn fund president Stahl buys shares worth $2936

Published 01/07/2025, 16:00
Renn fund president Stahl buys shares worth $2936

RENN Fund, Inc. (EXCHANGE:RCG) President Murray Stahl reported purchasing shares of common stock on June 30, 2025. The transactions involved the acquisition of shares at a price of $2.65, totaling $2936. The stock, currently trading at $2.60, has demonstrated remarkable performance with a 58% return over the past year and maintains a modest P/E ratio of 3.29.

Stahl directly acquired 356 shares. Additionally, there were several indirect purchases: 18 shares for his spouse, 180 shares for FROMEX EQUITY CORP, 180 shares for FRMO CORP, 274 shares for HORIZON COMMON INC., 18 shares for Horizon Kinetics Hard Assets LLC and 82 shares for HORIZON KINETICS ASSET MANAGEMENT LLC. The company, with a market capitalization of $18.22 million, has shown strong revenue growth of ~30% in the last twelve months.

Following these transactions, Stahl directly holds 91,390 shares. Indirect holdings include 2510 shares held by spouse, 103368 shares held by FROMEX EQUITY CORP, 288620 shares held by FRMO CORP, 310784 shares held by HORIZON COMMON INC., 8586 shares held by Horizon Kinetics Hard Assets LLC and 52756 shares held by HORIZON KINETICS ASSET MANAGEMENT LLC. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed research available on InvestingPro.

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