Renn Fund president Stahl buys shares worth $2959

Murray Stahl, President and Co-Portfolio Manager of RENN Fund, Inc. (RCG), has recently purchased shares of the company’s common stock. The $18.24M market cap fund, which boasts a GREAT financial health score according to InvestingPro, has delivered a 15.7% return year-to-date. According to a Form 4 filing with the Securities and Exchange Commission, the transactions occurred on October 20, 2025.

Stahl acquired a total of 1132 shares of RENN Fund’s common stock at a price of $2.61 per share, in a series of transactions, for a total value of $2959. The fund, trading at an attractive P/E ratio of 4.97, has maintained profitability over the last twelve months with strong liquidity metrics. Discover more insights with InvestingPro’s comprehensive analysis.

Specifically, Stahl directly purchased 360 shares. Indirect purchases were made through various entities, including his spouse (18 shares), Fromex Equity Corp (180 shares), FRMO Corp (180 shares), Horizon Common Inc. (296 shares), Horizon Kinetics Hard Assets LLC (18 shares), and Horizon Kinetics Asset Management LLC (82 shares).

In other recent news, iA Financial Corporation Inc. has announced a significant acquisition agreement with RF Capital Group Inc. The deal, valued at $597 million, is set to enhance iA Financial’s standing in the Canadian independent wealth management sector. This all-cash transaction places a value of $20.00 per share on RF Capital’s common shares, which is a premium of about 107% over RF Capital’s closing price on July 25. The acquisition involves $370 million allocated for RF Capital’s fully diluted equity and an additional $227 million for financial obligations. These recent developments mark a strategic move by iA Financial to expand its market influence.

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