Renn fund president Stahl buys shares worth $2971

Murray Stahl, President and Co-Portfolio Manager of RENN Fund, Inc. (EXCHANGE:RCG), acquired common stock of the company on July 31, 2025. The micro-cap fund, currently valued at $18.17 million, has demonstrated strong performance with a 47% return over the past year. InvestingPro analysis shows the fund maintains a GREAT financial health score of 3.44.

The transactions involved the purchase of 1068 shares at a price of $2.63, for a total value of $2971. The purchase price sits between the fund’s 52-week range of $1.65 to $2.88, with the stock currently trading at $2.59. Trading at a P/E ratio of just 3.3, InvestingPro subscribers can access detailed insider trading patterns and comprehensive valuation metrics.

Following these transactions, Stahl directly holds 99258 shares. Indirect holdings are also reported through various entities. The fund has maintained profitability over the last twelve months, with a notable 100% gross profit margin.

In other recent news, iA Financial Corporation Inc. has announced a definitive agreement to acquire RF Capital Group Inc. for $597 million. This acquisition aims to bolster iA Financial’s presence in the Canadian independent wealth management market. The transaction is an all-cash deal, valuing RF Capital’s common shares at $20.00 each, which is about a 107% premium over RF Capital’s closing price on July 25. The deal encompasses $370 million for RF Capital’s fully diluted equity and $227 million in financial obligations. These developments mark significant strategic growth for iA Financial in the wealth management sector.

Renn fund president Stahl buys shares worth $2971

Murray Stahl, President and Co-Portfolio Manager of RENN Fund, Inc., acquired 1068 shares of the company at $2.63 each, totaling $2971. RENN Fund, Inc., has a current value of $18.17 million and a 47% return over the past year. iA Financial Corporation Inc. has announced a definitive agreement to acquire RF Capital Group Inc. for $597 million.