Insider Trading February 19, 2026

RENN Fund President Murray Stahl Buys $3,118 in Shares

Small-cap RENN Fund sees insider purchases across multiple related entities; fund metrics show profitability and low P/E

By Maya Rios RCG
RENN Fund President Murray Stahl Buys $3,118 in Shares
RCG

Murray Stahl, President and Co-Portfolio Manager of RENN Fund, Inc. (EXCHANGE:RCG), purchased $3,118 worth of common stock on February 18, 2026. The transaction totaled 1,054 shares at $2.75 per share and included both direct and indirect acquisitions across several affiliated entities. RENN Fund, valued at $19.64 million, reported near 37% revenue growth over the last twelve months and presents a P/E of 5.35 with a 0.78% dividend yield. InvestingPro notes the fund was profitable over the past year and that liquid assets exceed short-term obligations.

Key Points

  • Murray Stahl purchased a total of 1,054 shares of RENN Fund common stock on February 18, 2026, totaling $3,118 at $2.75 per share.
  • The stock traded at $2.80 after the purchases, 0.97% below its 52-week high of $2.84; RENN Fund’s market value is $19.64 million with nearly 37% revenue growth over the last twelve months.
  • RENN Fund’s reported metrics include a P/E ratio of 5.35 and a dividend yield of 0.78%; InvestingPro reports the fund was profitable over the past year and has liquid assets exceeding short-term obligations - impacts primarily relate to small-cap equities and asset-management market participants.

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.

Risks

  • Small fund size - RENN Fund’s market value of $19.64 million may indicate limited liquidity relative to larger funds, which can affect tradability and price stability in small-cap equities.
  • Stock price proximity to 52-week high - with the share price trading at $2.80 and a 52-week high of $2.84, potential near-term upside may be constrained, a consideration for small-cap market participants.
  • Concentrated insider and affiliated holdings - substantial holdings across related entities, as reported, may affect governance dynamics and liquidity for shareholders.

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