RENN fund president Stahl buys shares worth $3043

Published 07/07/2025, 16:28
RENN fund president Stahl buys shares worth $3043

Murray Stahl, President and Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE:RCG), reported purchasing common stock on July 3, 2025. The insider buying comes as RCG shows strong momentum, with a 54.56% return over the past year and trading near its 52-week high of $2.88. Stahl acquired a total of 1144 shares at a price of $2.66, with a total value of $3043. According to InvestingPro data, the company maintains an attractive P/E ratio of 3.29 and has demonstrated robust revenue growth of nearly 30% in the last twelve months.

The purchases were made across several entities. Stahl directly acquired 356 shares. Indirect purchases included 18 shares for his spouse, and 180 shares each for FROMEX Equity Corp, FRMO Corp, and Horizon Common Inc. Additionally, 18 shares were purchased for Horizon Kinetics Hard Assets LLC, and 82 shares for Horizon Kinetics Asset Management LLC.

Following these transactions, Stahl directly owns 92,458 shares. Indirect holdings include 2,564 shares for his spouse, 103,908 shares for FROMEX Equity Corp, 289,160 shares for FRMO Corp, 311,642 shares for Horizon Common Inc., 8,640 shares for Horizon Kinetics Hard Assets LLC, and 53,002 shares for Horizon Kinetics Asset Management LLC.

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