Overview
Murray Stahl, who serves as President and Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE: RCG), purchased 1,154 shares of the company's common stock on March 19, 2026. The trades were executed at $3.18 per share, representing a combined value of $3,606.
Transaction breakdown
The acquisitions were completed through a mix of direct and indirect positions. Stahl directly acquired 360 shares. Indirect purchases were recorded through the following entities: a spouse account (18 shares), Fromex Equity Corp. (180 shares), FRMO Corp. (180 shares), Horizon Common Inc. (296 shares), Horizon Kinetics Hard Assets LLC (18 shares), and Horizon Kinetics Asset Management LLC (82 shares).
Post-transaction holdings
Following these purchases, Stahl's directly held stake stands at 156,374 shares. Indirect holdings attributed to related parties and entities total as follows: 5,768 shares held by a spouse, 135,948 shares held by Fromex Equity Corp., 321,200 shares held by FRMO Corp., 364,306 shares held by Horizon Common Inc., 11,844 shares held by Horizon Kinetics Hard Assets LLC and 67,614 shares held by Horizon Kinetics Asset Management LLC.
Market context
At the time of the trades, the stock was trading near its 52-week high of $3.28 and had posted a 27% year-to-date gain. The reported purchase amount of $3,606 reflects a modest transaction relative to Stahl's aggregate direct and indirect holdings.
Notes
The reported activity consists of multiple small allocations across direct and affiliated accounts and does not provide additional commentary on intent or future trading plans. The available facts are limited to the transaction date, price, share counts and the post-transaction ownership figures provided above.