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Renn fund's president and CEO Murray Stahl acquires $3,049 in stock

Published 13/12/2024, 16:04
Renn fund's president and CEO Murray Stahl acquires $3,049 in stock
RCG
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Following these transactions, Stahl's direct ownership stands at 44,642 shares, while substantial indirect holdings are maintained across several accounts, reflecting his ongoing investment in the fund. The fund maintains a 100% gross profit margin, though InvestingPro analysis indicates short-term obligations exceed liquid assets, with a current ratio of 0.16. The fund maintains a 100% gross profit margin, though InvestingPro analysis indicates short-term obligations exceed liquid assets, with a current ratio of 0.16.

The acquisitions encompassed various ownership categories, including direct holdings and shares held indirectly through entities such as Fromex Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Asset Management LLC. Additionally, a small portion of shares was acquired under spousal ownership. With average daily trading volume of just 20,000 shares and revenue growth of 21.5% in the last twelve months, InvestingPro subscribers can access additional insights about the fund's financial health and growth prospects.

Following these transactions, Stahl's direct ownership stands at 44,642 shares, while substantial indirect holdings are maintained across several accounts, reflecting his ongoing investment in the fund.

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

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