Murray Stahl, who serves as President and Co-Portfolio Manager of RENN Fund, Inc. (RCG), disclosed purchases of the fund's common stock executed on February 9, 2026. The transactions were completed at $2.68 per share - marginally below RENN Fund's then-trading price of $2.71.
The total number of shares acquired across the reported transactions was 1,134, representing an aggregate cost of $3,039. Stahl himself directly purchased 360 shares. Additional acquisitions were made by related and affiliated accounts: Stahl's spouse acquired 18 shares; Fromex Equity Corp. purchased 180 shares; FRMO Corp. purchased 180 shares; Horizon Common Inc. purchased 296 shares; Horizon Kinetics Hard Assets LLC purchased 18 shares; and Horizon Kinetics Asset Management LLC purchased 82 shares.
Financial metrics cited alongside the filing underscore RENN Fund's current valuation and recent top-line performance. According to InvestingPro data, the fund trades at $2.71, carries a price-to-earnings ratio of 5.16, and recorded revenue growth of 36.96% over the last twelve months. The fund also reports a current ratio of 1.6 and a dividend yield of 0.8%. The filing notes that liquid assets exceed short-term obligations.
The purchase price of $2.68 per share places the reported transactions slightly below the published trading price, and the total outlay for the disclosed transactions amounted to $3,039 across multiple accounts. The mix of direct and indirect purchases - including transactions by a spouse and several corporate entities - is reflected in the filing's itemized breakdown.
InvestingPro is cited as the source for the valuation and operating metrics referenced in the disclosure, and the service offers additional Pro Research Reports on RCG for readers seeking more extensive analysis.
What happened
- Murray Stahl reported purchases of RENN Fund common stock on February 9, 2026.
- Total shares acquired across accounts: 1,134 at $2.68 per share, total $3,039.
- RENN Fund metrics from InvestingPro: price $2.71, P/E 5.16, revenue growth 36.96% over the past twelve months; current ratio 1.6; dividend yield 0.8%.
Context
The transaction record separates direct and indirect purchases and lists affiliated entities involved in the acquisitions. The filing highlights a compact cash outlay relative to the fund's trading price, and provides select liquidity and profitability measures sourced to InvestingPro.