Murray Stahl, who serves as president and co-portfolio manager at RENN Fund, Inc. (RCG), disclosed that he bought shares of the fund’s common stock on March 6, 2026. Stahl’s activity comprised multiple transactions that together acquired 1,134 shares at a unit price of $2.93.
The aggregate cost of these purchases was $3,322. The per-share price at which Stahl transacted stood marginally below the fund’s 52-week high, which is $3. The purchases were executed across several trades rather than a single block transaction, according to the filing.
At the time of the filing, RCG is trading at a price-to-earnings ratio of 5.58. Year-to-date, the fund’s shares are up by approximately 16%.
InvestingPro, in its Pro Research Report covering RCG and more than 1,400 other U.S. equities, indicates that the fund was profitable over the most recent twelve-month period. The InvestingPro reference is presented as a source of additional analytical context about the fund’s recent financial performance.
These are the facts disclosed in the transaction report: the date of purchase (March 6, 2026), the number of shares bought (1,134), the acquisition price ($2.93 per share), the total value of the purchases ($3,322), the relation of the purchase price to the fund’s 52-week high ($3), the fund’s reported P/E ratio (5.58), and the year-to-date price change (approximately +16%). The filing cites InvestingPro’s commentary that RCG has been profitable over the last twelve months and notes InvestingPro’s Pro Research coverage extends to RCG and 1,400+ other U.S. equities.
Context and limits of the record
The public filing provides the transaction details listed above. No additional commentary, motives for the purchases, or further insider transactions were included in the filing. The information is limited to what was reported in the insider disclosure and the InvestingPro note referenced in the public materials.