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RENN fund president Murray Stahl acquires $3,379 in stock

Published 12/04/2024, 12:12 AM
RCG
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The transactions highlight Stahl's ongoing investment in RENN Fund, bolstering his position as both an executive and a significant shareholder in the company. InvestingPro subscribers can access additional insights about RCG's insider trading patterns and 7 more key investment tips that could influence investment decisions. InvestingPro subscribers can access additional insights about RCG's insider trading patterns and 7 more key investment tips that could influence investment decisions.

These acquisitions include both direct and indirect purchases. Directly, Stahl added 354 shares to his personal holdings, bringing his direct ownership to 41,806 shares. Indirectly, shares were acquired through various entities, including his spouse and several corporations such as Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The fund has demonstrated strong financial performance with revenue growth of 21.5% and maintains a relatively low market volatility with a beta of 0.62.

The transactions highlight Stahl's ongoing investment in RENN Fund, bolstering his position as both an executive and a significant shareholder in the company.

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