Murray Stahl, serving as President and Co-Portfolio Manager at RENN Fund, Inc. (RCG), completed a purchase of 1,134 shares of common stock on April 6, 2026. The shares were acquired at $3.05 apiece, resulting in a total outlay of $3,458.
The purchase occurred while RCG was trading near its 52-week high of $3.31. On the date of the transaction the share price was $3.23, and the stock has produced a 37% return over the trailing 12 months.
The transaction was split between direct and indirect purchases. Stahl bought 360 shares directly, which increased his direct ownership to 160,328 shares. The remaining 774 shares were acquired indirectly through several entities and relationships. That indirect allocation consisted of 18 shares through his spouse, 180 shares via Fromex Equity Corp., 180 shares via FRMO Corp., 296 shares through Horizon Common Inc., 18 shares via Horizon Kinetics Hard Assets LLC, and 82 shares through Horizon Kinetics Asset Management LLC.
After accounting for the April 6 purchases, Stahl’s reported indirect holdings total 665,394 shares.
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The details above reflect the specific transactions reported for Murray Stahl and the corresponding ownership totals disclosed following those purchases. The reporting does not include commentary on intent, timing beyond the transaction date, or broader strategic rationale for the purchases.
Investors and market participants looking for a rapid valuation check may consider available fair value tools that aggregate multiple industry valuation models, though no valuation conclusion is provided here.