Murray Stahl, the President and Co-Portfolio Manager of RENN Fund, Inc. (traded on EXCHANGE under the symbol RCG), executed a stock purchase on January 21, 2026, acquiring shares valued at $3,061. At the time of the transaction, RENN Fund's shares traded around $2.69, with the company holding a market capitalization of $18.84 million and demonstrating significant profitability, evident in a low P/E ratio of 5.1.
According to a Securities and Exchange Commission Form 4 filing, Stahl secured 1,134 shares at $2.70 each. This purchase reflects his confidence in the fund's performance amid data from InvestingPro highlighting a 36.96% revenue increase over the previous twelve months and an outstanding gross profit margin of 100%.
The share acquisition was divided between shares held directly by Stahl and those acquired through associated entities. Specifically, Stahl directly purchased 360 shares, raising his direct holdings to 141,974 shares. Additional purchases included 18 shares through his spouse and various shares obtained indirectly via entities like Fromex Equity Corp. (180 shares), FRMO Corp. (180 shares), Horizon Common Inc. (296 shares), Horizon Kinetics Hard Assets LLC (18 shares), as well as Horizon Kinetics Asset Management LLC (82 shares).
Further analysis from InvestingPro assigns RENN Fund an overall financial health score of 3.19, categorized as "GREAT," supported by a strong liquidity position where liquid assets comfortably exceed short-term liabilities. Investors interested in deeper insights can access comprehensive Pro Research Reports covering over 1,400 US equities through InvestingPro.
This report was generated utilizing AI technology and subsequently verified by an editorial team to ensure accuracy and completeness.