RENN Fund (RCG) Insider LLC Buys $2.2K of Stock
Horizon Kinetics Asset Management continues to increase its stake in RENN Fund, Inc. with recent purchases.
Reviewed by automated data checks against the source filing. How we make and check alerts
Horizon Kinetics Asset Management LLC bought 756 shares of RENN Fund, Inc. ($RCG) at an average price of $2.93, worth about $2,215.08, on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $RCG is up 0.0% after 1 week, up 0.3% after 1 month and down 5.7% to date (from the $2.99 close on Jun 30, 2026).
RCG
RENN Fund, Inc.
Key Points
- On June 30, 2026, Horizon Kinetics Asset Management bought 756 shares of RENN Fund, Inc. for about $2,215.08, at a price of $2.93 per share.
- The stock is currently trading at $2.99, close to its 52-week high of $3.31, indicating strong market interest.
- Horizon Kinetics has been active in the market, acquiring shares of RENN Fund multiple times in the past week, including purchases at prices ranging from $2.73 to $2.93.
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Recent Insider Activity
Horizon Kinetics Asset Management LLC bought 756 shares of RENN Fund, Inc. (RCG) on June 30, 2026, for about $2,215.08. The shares were purchased at a price of $2.93 each. This follows several purchases made by the firm in the days prior, showing a consistent interest in increasing its stake in the fund.
A Series of Recent Purchases
This latest acquisition is part of a series of shares bought by Horizon Kinetics. On June 29, 2026, the firm also purchased 756 shares at $2.85 each, totaling approximately $2,154.60. The day before that, on June 26, it bought another 756 shares at $2.79, valued at about $2,109.24. These transactions reflect a steady commitment to RENN Fund, showcasing a pattern of investment over the past week.
How RENN Fund, Inc. Stock Has Traded
Currently, RENN Fund shares are trading at $2.99, just below the previous close of $3.02. The stock has seen a recent high of $3.31 over the past 52 weeks, indicating a solid performance in the market. This timing is crucial as Horizon Kinetics continues to buy shares around this price range, suggesting confidence in the stock's potential.
What RENN Fund, Inc. Does
RENN Fund, Inc. is a closed-end equity mutual fund that invests in U.S. public equity markets, focusing on small-cap and mid-cap companies across various sectors. The firm employs a fundamental analysis approach to stock selection, aiming to create a diversified portfolio. Horizon Kinetics Asset Management co-manages the fund, which adds to its investment strategy and execution.
What’s Next for RENN Fund
Investors will be watching closely for any further filings or insider activity from Horizon Kinetics. The next earnings report for RENN Fund has not been specified, but continued insider buying may indicate confidence in upcoming financial results. Note that the recent transactions reported reflect past decisions and may not indicate current positions.
Related Filing Alerts
Source: Horizon Kinetics Asset Management LLC's Form 4 filing on $RCG (Jun 30, 2026). Find the original filing: RCG Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts