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RENN Fund, Inc. (OTC:RCG), a $18.24 million market cap investment company trading at $2.6 per share with a P/E ratio of 3.31, saw its President and Co-Portfolio Manager Murray Stahl report purchasing a total of 1,126 shares of common stock on July 18, 2025. The purchases were made at $2.65 per share, for a total transaction value of $2,994. The stock has demonstrated strong performance, delivering a 46.56% return over the past year.
The transactions included the purchase of 356 shares held directly by Stahl, increasing his direct ownership to 96,054 shares. Additional purchases were made indirectly through various entities, including 18 shares for his spouse, 180 shares for FROMEX Equity Corp, 180 shares for FRMO Corp, 296 shares for Horizon Common Inc., 18 shares for Horizon Kinetics Hard Assets LLC, and 82 shares for Horizon Kinetics Asset Management LLC.
Following these transactions, Stahl’s indirect ownership includes 2,744 shares held by his spouse, 105,708 shares held by FROMEX Equity Corp, 290,960 shares held by FRMO Corp, 314,590 shares held by Horizon Common Inc., 8,820 shares held by Horizon Kinetics Hard Assets LLC, and 53,836 shares held by Horizon Kinetics Asset Management LLC. Stahl disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.
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