Renn Fund RCG: Stahl buys shares worth $2,994

Published 15/07/2025, 16:20
Renn Fund RCG: Stahl buys shares worth $2,994

Murray Stahl, President/Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE:RCG), has purchased a total of 1,126 shares of common stock at a price of $2.65 on July 14, 2025. The total value of the purchase was $2,994. The stock, currently trading at $2.66, has shown remarkable strength with a 50.78% return over the past year. According to InvestingPro, RCG maintains a GREAT financial health score of 3.44, with several positive indicators available to subscribers.

The transactions included the purchase of 356 shares held directly by Mr. Stahl, increasing his direct holdings to 94,630 shares. Additional purchases were made indirectly through various entities. With a market capitalization of $18.64 million and an attractive P/E ratio of 3.38, RCG has caught the attention of value investors. InvestingPro subscribers can access detailed analysis and additional metrics in the comprehensive Pro Research Report.

Specifically, 18 shares were purchased for the benefit of Mr. Stahl’s spouse, bringing the total indirect holdings for his spouse to 2,672 shares. 180 shares were purchased through FROMEX Equity Corp, resulting in a total of 104,988 shares. Another 180 shares were acquired through FRMO Corp, bringing their holdings to 290,240 shares. Horizon Common Inc. saw an increase of 296 shares, for a total of 313,406 shares. Horizon Kinetics Hard Assets LLC acquired 18 shares, bringing their total to 8,748 shares, and Horizon Kinetics Asset Management LLC purchased 82 shares, bringing their holdings to 53,508 shares.

This figure does not include 94,630 shares held directly by Mr. Stahl.

For each indirect account, Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

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