Musk threatens Apple with legal action over App Store bias towards OpenAI
Murray Stahl, President and Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE:RCG), acquired 1,126 shares of common stock on July 10, 2025, at a price of $2.68 per share. The total value of the purchase was $3,028. The purchase comes as RCG shows strong momentum, with a 55.3% return over the past year and trading at an attractive P/E ratio of 3.34. According to InvestingPro, the company has demonstrated robust revenue growth of ~30% in the last twelve months.
Following the transaction, Stahl directly holds 93,886 shares. Indirect holdings include 2,636 shares held by spouse, 104,628 shares held by Fromex Equity Corp, 289,880 shares held by FRMO Corp, 312,796 shares held by Horizon Common Inc., 8,712 shares held by Horizon Kinetics Hard Assets LLC, and 53,344 shares held by Horizon Kinetics Asset Management LLC. With a market capitalization of $18.41M, these holdings represent significant ownership in the company. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.
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