RENN Fund president Stahl buys shares worth $3k

Published 10/07/2025, 16:26
RENN Fund president Stahl buys shares worth $3k

Murray Stahl, President and Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE:RCG), acquired 1,138 shares of common stock on July 9, 2025, at a price of $2.71 per share. The total value of the purchase was $3,067. The purchase comes as RCG shows strong momentum, with a 56% return over the past year and trading at a P/E ratio of 3.38. According to InvestingPro, the company has demonstrated impressive revenue growth of ~30% in the last twelve months.

The transactions included the purchase of 360 shares held directly by Mr. Stahl, increasing his direct holdings to 93,530 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, 290 shares for Horizon Common Inc., 18 shares for Horizon Kinetics Hard Assets LLC, and 86 shares for Horizon Kinetics Asset Management LLC.

Following these transactions, Mr. Stahl indirectly holds 2,618 shares through his spouse, 104,448 shares through FROMEX Equity Corp, 289,700 shares through FRMO Corp, 312,500 shares through Horizon Common Inc., 8,694 shares through Horizon Kinetics Hard Assets LLC and 53,262 shares through Horizon Kinetics Asset Management LLC. Mr. Stahl disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.