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Murray Stahl, President and Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE:RCG), acquired 1128 shares of common stock on July 7, 2025, at a price of $2.65 per share. The purchase comes as RCG shows strong momentum, with the stock up 57% over the past year and nearly 19% year-to-date. With a market capitalization of $18.6 million and a P/E ratio of 3.35, the company trades at relatively modest valuations. InvestingPro subscribers can access detailed insider trading patterns and comprehensive valuation analysis in the Pro Research Report.
The purchases totaled $2936. Following the transaction, Stahl directly holds 92,814 shares and indirectly holds additional shares through various entities and his spouse. These entities include FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC.
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