Overview
Murray Stahl, who serves as President and Co-Portfolio Manager of RENN Fund, Inc. (EXCHANGE:RCG), completed purchases of common stock valued at $3,118 on February 18, 2026. The acquisitions were executed at $2.75 per share, amounting to a total of 1,054 shares.
Transaction breakdown
The 1,054-share total is composed of several direct and indirect purchases. Stahl directly acquired 360 shares. Indirect purchases included 18 shares by Stahl’s spouse; 180 shares by Fromex Equity Corp.; 180 shares by FRMO Corp.; 296 shares by Horizon Common Inc.; 18 shares by Horizon Kinetics Hard Assets LLC; and 82 shares by Horizon Kinetics Asset Management LLC. After these trades, Stahl’s direct holding stands at 148,814 shares.
Indirect holdings and related positions
Following the transactions, indirect holdings tied to Stahl and affiliated entities are as follows: 5,390 shares held by Stahl’s spouse; 132,168 shares held by Fromex Equity Corp.; 317,420 shares held by FRMO Corp.; 358,090 shares held by Horizon Common Inc.; 11,466 shares held by Horizon Kinetics Hard Assets LLC; and 65,892 shares held by Horizon Kinetics Asset Management LLC.
Market context
The stock was trading at $2.80 after the purchases, which is 0.97% below its 52-week high of $2.84. RENN Fund is identified as a small-cap fund with a total valuation of $19.64 million. InvestingPro data cited with the transaction indicates the fund recorded nearly 37% revenue growth over the prior twelve months.
Financial metrics
Key reported metrics for RENN Fund include a price-to-earnings ratio of 5.35 and a dividend yield of 0.78%. InvestingPro analysis further indicates the fund was profitable over the last twelve months and that its liquid assets exceed short-term obligations.
Additional information
The transaction details reflect both direct and layered indirect purchases by Stahl and several affiliated entities. For investors seeking deeper research, InvestingPro offers expanded Research Reports covering this fund and more than 1,400 other securities.
Note: All figures and holdings listed above reflect the transactions and data as reported on February 18, 2026.