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RENN Fund, Inc. NASDAQ:RCG President Murray Stahl reported purchasing shares of common stock on June 23, 2025. The transactions involved the acquisition of shares at $2.66, close to the current trading price of $2.59. The micro-cap fund, with a market capitalization of $18.17 million, has demonstrated strong performance with a 56% return over the past year. InvestingPro analysis shows the stock trading at an attractive P/E ratio of 3.29.
Stahl acquired 356 shares directly for a total value of $946.16. Following this transaction, Stahl directly owns 89,610 shares. Additionally, Stahl indirectly acquired shares through various entities: 18 shares for his spouse, 180 shares for FROMEX Equity Corp, 180 shares for FRMO Corp, 278 shares for Horizon Common Inc., 18 shares for Horizon Kinetics Hard Assets LLC, and 82 shares for Horizon Kinetics Asset Management LLC. These indirect acquisitions also occurred at $2.66 per share. The total value of these indirect acquisitions is $2010.84. The insider buying comes as the fund has posted a solid 16.59% gain year-to-date, with additional financial metrics and insights available through InvestingPro’s comprehensive research reports.
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