RENN Fund (RCG) Insider LLC Buys $2.1K of Stock

Horizon Kinetics Extends Buying Streak in RENN Fund Stock

Horizon Kinetics Asset Management added to its holdings of RENN Fund, Inc. NYSE American RCG by purchasing 756 shares on June 12, 2026. The transaction took place at a price of $2.75 per share, coming out to a total value of $2,079.00. This buy follows the firm's ongoing strategy of making small, frequent acquisitions of the closed-end equity mutual fund.

Recent Insider Purchases Highlight Recurring Buying Pattern

The June 12 transaction is part of a broader series of regular buys by Horizon Kinetics Asset Management during the month. On June 23, 2026, the firm picked up another 756 shares at $2.75 per share, totaling $2,079.00. The buying continued with 756 shares acquired on June 24, 2026, at $2.76 per share for a total of $2,086.56. On June 25, 2026, the asset manager bought 756 shares at $2.73 per share worth $2,063.88. Additional purchases followed on June 26, 2026, when the firm acquired 756 shares at $2.79 per share for $2,109.24, on June 29, 2026, with 756 shares at $2.85 per share for $2,154.60, and on June 30, 2026, grabbing 756 shares at $2.93 per share for $2,215.08.

RENN Fund Stock Trades Near Moving Averages

RENN Fund shares change hands at a spot price of $2.81. The equity mutual fund operates with a price-to-earnings ratio of 5.42 and a market capitalization of roughly $21.33 million. The stock has experienced a 52-week trading range with a low of $2.40 and a high of $3.31. Its 50-day moving average sits at $2.95, while its 200-day moving average stands at $2.85.

Earnings and Financial Performance

RENN Fund reported annual revenue of $226,360.00 alongside a revenue growth rate of -0.47%. The fund maintains a net profit margin of 17.32% and a return on equity of 0.19%. Earnings per share registered at $0.56.

Dividend Distribution Details

RENN Fund pays an annual dividend rate of $0.02 per share, which translates to a dividend yield of 0.71%. The payout ratio sits at 0.0383, showing how much of the fund's earnings go toward shareholder distributions.

About RENN Fund, Inc.

RENN Fund, Inc. functions as a closed-end equity mutual fund that invests primarily in public equities across the United States. Co-managed by Horizon Kinetics Asset Management LLC, the fund focuses on small-cap and mid-cap companies across diversified sectors using a bottom-up stock picking approach. Originally formed in January 1994, the fund seeks long-term capital appreciation through fundamental analysis.

Looking Ahead at Form 4 Filings

Market observers will likely monitor future Form 4 disclosures to see if Horizon Kinetics continues its steady pattern of small share purchases. These recurring transactions illustrate the asset manager's steady approach to building its position over time without disrupting the broader market.