The cluster is too small in dollar terms to signal material conviction. Monitor for larger insider purchases or any accompanying corporate filings (earnings, asset sales, NAV updates) that could explain the buying. The consistent daily pattern by Horizon Kinetics suggests a mechanical accumulation plan rather than opportunistic buying.
Price Chart
Executive Summary
Two insiders at RENN Fund, Inc. made open-market purchases totaling ~$3K over a 7-day window. Horizon Kinetics Asset Management (10% owner) made four small daily purchases of 756 shares each, and insider Peter Doyle bought 300 shares. The dollar amounts are trivial relative to the company's market cap, and the buying pattern by Horizon Kinetics suggests a routine accumulation program rather than a reaction to specific material news.
Key Financial Metrics
Key Facts
- Two insiders made open-market purchases totaling approximately $3,000
- Horizon Kinetics Asset Management (10% owner) bought 756 shares on each of four consecutive trading days (June 5-10, 2026)
- Insider Peter Doyle bought 300 shares on June 4, 2026
- Total insider buying over the past 30 days is $18K across 10 transactions
- No insider sales were reported in the cluster
Financial Impact
Total insider purchases of ~$3K represent a negligible fraction of market cap (less than 0.01%)
Risk Factors
- Insider buying is too small to be statistically meaningful
- No accompanying material corporate event or catalyst identified
- Closed-end fund structure means stock price tracks NAV, not insider activity
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RCG-1781189273231 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 19, 2026 9w ago | 8-K | $2.85 $3.02 | ▲ +6.00% | ▲ +6.00% | $2.65 (−7.05%) |
Jun 12, 2026 19w ago | Insider Cluster | $2.75 $3.02 | ▲ +10.02% | ▲ +8.24% | $2.65 (−3.46%) |
Jun 11, 2026 19w ago | Insider Cluster | $2.75 $2.96 | ▲ +7.64% | ▲ +5.75% | $2.65 (−3.63%) |
Jun 9, 2026 20w ago | Insider Cluster | $2.75 $2.99 | ▲ +8.55% | ▲ +7.10% | $2.65 (−3.63%) |
Jun 8, 2026 20w ago | Insider Cluster | $2.76 $3.01 | ▲ +9.06% | ▲ +7.43% | $2.65 (−3.98%) |
Jun 5, 2026 20w ago | Insider Cluster | $2.78 $3.01 | ▲ +8.27% | ▲ +6.41% | $2.65 (−4.67%) |
Jun 4, 2026 20w ago | Insider Cluster | $2.79 $3.01 | ▲ +7.89% | ▲ +9.26% | $2.65 (−5.01%) |
Jun 4, 2026 20w ago | Insider Cluster | $2.79 $3.01 | ▲ +7.89% | ▲ +9.26% | $2.65 (−5.01%) |
Jun 3, 2026 20w ago | Insider Cluster | $2.74 $3.01 | ▲ +9.85% | ▲ +10.85% | $2.65 (−3.28%) |
Jun 2, 2026 21w ago | Insider Cluster | $2.75 $3.05 | ▲ +10.84% | ▲ +12.40% | $2.65 (−3.63%) |
US Market Status
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