Stahl Murray Buys 1,030 RENN Shares on July 29 for $2.6 per share.

Renn Fund, Inc. [RCG] has announced that 10% Owner, President/Co-Portfolio Manager Murray Stahl has made a series of transactions on July 29, 2025. Stahl has purchased a total of 956 shares at a price of $2.6 per share. The transactions include the acquisition of 356 shares, 18 shares, 180 shares, and 180 shares, as well as the purchase of 296 shares, 18 shares, and 82 shares.

Murray Stahl, the 10% owner and President/Co-Portfolio Manager of Renn Fund, Inc. [RCG], has recently made a series of share purchases. According to a Form 4 filing with the Securities and Exchange Commission, Stahl acquired a total of 956 shares of RCG's common stock on July 29, 2025. The transactions involved the direct purchase of 356 shares and indirect purchases through various entities, including his spouse (18 shares), FROMEX Equity Corp (180 shares), FRMO Corp (180 shares), Horizon Common Inc. (296 shares), Horizon Kinetics Hard Assets LLC (18 shares), and Horizon Kinetics Asset Management LLC (82 shares). The total investment amounted to $2,600 at a price of $2.60 per share [1].

The purchase comes at a time when RCG has shown strong performance, with a 47% return over the past year and an impressive overall financial health score of "GREAT" according to InvestingPro analysis [1]. RCG has a market capitalization of $18.29 million and a P/E ratio of 3.32, demonstrating profitability over the last twelve months [1].

In other recent news, iA Financial Corporation Inc. announced a definitive agreement to acquire RF Capital Group Inc. for $597 million. This all-cash transaction aims to strengthen iA Financial’s position in the Canadian independent wealth management market [1]. The acquisition values RF Capital’s common shares at $20.00 each, which is a premium of approximately 107% compared to RF Capital’s closing price on July 25 [1].

The recent share purchase by Murray Stahl highlights the confidence in RCG’s financial prospects and its management team. Investors should closely monitor the company's performance and upcoming reports for further insights.

References:
[1] https://www.investing.com/news/insider-trading-news/renn-fund-president-stahl-buys-shares-worth-2938-93CH-4157850
[2] https://www.sec.gov/Archives/edgar/data/0000919567/000143774925023738/xslF345X03/rdgdoc.xml