Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Murray Stahl, the President and CEO of RENN Fund, Inc. (NYSE:RCG), recently acquired a significant amount of the company’s common stock, according to a recent SEC filing. On February 3, 2025, Stahl purchased a total of 1,244 shares at a consistent price of $2.76 per share, amounting to a total transaction value of $3,433. The purchase comes as RCG trades near its 52-week high of $2.88, with the stock delivering an impressive 68% return over the past year.
The acquisitions were made across several transactions, with shares being added to both direct and indirect holdings. Following these transactions, Stahl’s direct ownership stands at 55,690 shares. Additionally, shares were acquired on behalf of entities such as Fromex Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Hard Assets LLC, among others. The fund has shown strong momentum, posting a 56% gain over the past six months.
These purchases reflect ongoing confidence in the company’s prospects, as Stahl continues to maintain and expand his investment in RENN Fund, Inc. InvestingPro analysis reveals several additional insights about RCG’s performance and financial health, with subscribers having access to over 5 exclusive ProTips and detailed metrics.
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