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Renner Fund's Murray buys 1,034 shares at $2.69 per share on 2025-07-08.
ByAinvest
Wednesday, Jul 9, 2025 12:39 pm ET1min read
Renewable Energy Group, Inc. (RCG) has announced that its 10% owner, President, and Co-Portfolio Manager, Murray Stahl, has made several purchases of the company's shares. On July 8, 2025, Stahl acquired 356 shares at a price of $2.69 per share, 18 shares at the same price, 180 shares, and another 180 shares, as well as 294 shares and 18 shares, and finally, 92 shares at the same price. These transactions demonstrate Stahl's confidence in the company's future prospects and reinforce his commitment to the organization.
Renewable Energy Group, Inc. (RCG) has seen a significant increase in its share purchases by Murray Stahl, its 10% owner, President, and Co-Portfolio Manager. On July 8, 2025, Stahl acquired a total of 1,088 shares in the company at a price of $2.66 per share. The purchases were made in multiple transactions, with Stahl acquiring 18 shares, 82 shares, 180 shares, 356 shares, 180 shares, 274 shares, and 18 shares, respectively, in each transaction [1].This acquisition demonstrates Stahl's confidence in the company's future prospects and reinforces his commitment to the organization. The purchases were made at the same price of $2.66 per share, indicating a consistent belief in the company's value.
Additionally, RCG's stock has shown a positive trend, with a significant increase in share value. On July 8, 2025, Daqo New Energy's stock surged by 9.97% in pre-market trading, reflecting a bullish sentiment among investors. Daqo New Energy, a leading manufacturer of polysilicon, has been experiencing a surge in demand for its products due to the growing global push towards renewable energy sources [2].
The recent announcement of a major contract with a prominent solar panel manufacturer has further bolstered investor confidence in Daqo New Energy's future prospects. This contract secures a steady revenue stream and underscores the company's competitive edge in the polysilicon market.
These developments suggest a positive outlook for the renewable energy sector, with companies like RCG and Daqo New Energy positioned to capitalize on the growing demand for renewable energy sources.
References:
[1] https://www.ainvest.com/news/renewable-energy-group-ceo-stahl-murray-buys-1-208-shares-2-66-share-2507/
[2] https://www.ainvest.com/news/daqo-energy-soars-9-97-renewable-energy-demand-2507/
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