The buying is too small to be a strong signal. Monitor for any corporate events (e.g., NAV disclosure, dividend announcement) that might explain the insider activity. Given RCG's small float, even modest buying could support price near $2.75.
Price Chart
Executive Summary
Two insiders at RENN Fund, Inc. made small open-market purchases totaling ~$9K over a week, including recurring buys by the 10% owner Horizon Kinetics Asset Management. The dollar amounts are immaterial relative to market cap, indicating routine portfolio adjustments rather than a material signal.
Key Financial Metrics
Key Facts
- Horizon Kinetics Asset Management (10% owner) purchased 756 shares at $2.75–$2.76 on four consecutive days (June 8–11, 2026), totaling ~$8.3K.
- Insider Peter Doyle purchased 300 shares at $2.72 on June 4, 2026, for $816.
- Total open-market buy value is ~$9K, likely less than 0.1% of market cap.
- No C-suite executives traded in this cluster.
Financial Impact
~$9,000 in total insider purchases, negligible relative to market cap
Risk Factors
- Insider buying may be part of a systematic 10b5-1 plan or dollar-cost averaging.
- Closed-end fund discounts can widen unexpectedly, offsetting any insider sentiment.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RCG-1781281363879 |
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 (−3.64%) |
Jun 9, 2026 20w ago | Insider Cluster | $2.75 $2.99 | ▲ +8.55% | ▲ +7.10% | $2.65 (−3.64%) |
Jun 8, 2026 20w ago | Insider Cluster | $2.76 $3.01 | ▲ +9.06% | ▲ +7.43% | $2.65 (−3.99%) |
Jun 5, 2026 20w ago | Insider Cluster | $2.78 $3.01 | ▲ +8.27% | ▲ +6.41% | $2.65 (−4.68%) |
Jun 4, 2026 20w ago | Insider Cluster | $2.79 $3.01 | ▲ +7.89% | ▲ +9.26% | $2.65 (−5.02%) |
Jun 4, 2026 20w ago | Insider Cluster | $2.79 $3.01 | ▲ +7.89% | ▲ +9.26% | $2.65 (−5.02%) |
Jun 3, 2026 20w ago | Insider Cluster | $2.74 $3.01 | ▲ +9.85% | ▲ +10.85% | $2.65 (−3.28%) |
Jun 2, 2026 20w ago | Insider Cluster | $2.75 $3.05 | ▲ +10.84% | ▲ +12.40% | $2.65 (−3.64%) |
US Market Status
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