The consistent daily buying by a 10% owner at a fixed share count suggests a programmed accumulation, not a one-off signal. A position could be considered with a stop below $2.60.
Price Chart
Executive Summary
Two insiders at RENN Fund, Inc. (RCG) made open-market purchases totaling ~$3K over a 7-day window, with Horizon Kinetics Asset Management LLC (a 10% owner) buying in a regular daily pattern of 756 shares and Peter Doyle making two smaller purchases. The total dollar value is trivial relative to the company's market cap, but the cluster of buys—especially by a major holder—is a modestly positive signal.
Key Financial Metrics
Key Facts
- Two insiders made open-market purchases totaling ~$3K over a 7-day window (May 28–June 4, 2026).
- Horizon Kinetics Asset Management LLC (10% owner) bought 756 shares daily at ~$2.71–$2.75, totaling ~$8.3K across 4 trades.
- Peter Doyle (insider) bought 400 shares at $2.75 and 500 shares at $2.71, totaling ~$2.5K.
- Total insider purchases in the last 30 days: 9 buys totaling $17K.
Financial Impact
~$3K in open-market purchases over 7 days; ~$17K over 30 days. Trivial relative to market cap.
Risk Factors
- Total dollar value is very small (~$3K), limiting the signal's materiality.
- The regular pattern of Horizon Kinetics' purchases may be a routine accumulation plan, not an informational signal.
- RCG is a closed-end fund; insider buying may reflect NAV discount arbitrage rather than operational improvement.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RCG-1780681298988 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 19, 2026 9w ago | 8-K | $2.85 $3.02 | ▲ +6.00% | ▲ +6.00% | $2.69 (−5.65%) |
Jun 12, 2026 19w ago | Insider Cluster | $2.75 $3.02 | ▲ +10.02% | ▲ +8.24% | $2.69 (−2.00%) |
Jun 11, 2026 19w ago | Insider Cluster | $2.75 $2.96 | ▲ +7.64% | ▲ +5.75% | $2.69 (−2.18%) |
Jun 9, 2026 19w ago | Insider Cluster | $2.75 $2.99 | ▲ +8.55% | ▲ +7.10% | $2.69 (−2.18%) |
Jun 8, 2026 20w ago | Insider Cluster | $2.76 $3.01 | ▲ +9.06% | ▲ +7.43% | $2.69 (−2.54%) |
Jun 5, 2026 20w ago | Insider Cluster | $2.78 $3.01 | ▲ +8.27% | ▲ +6.41% | $2.69 (−3.24%) |
Jun 4, 2026 20w ago | Insider Cluster | $2.79 $3.01 | ▲ +7.89% | ▲ +9.26% | $2.69 (−3.58%) |
Jun 4, 2026 20w ago | Insider Cluster | $2.79 $3.01 | ▲ +7.89% | ▲ +9.26% | $2.69 (−3.58%) |
Jun 3, 2026 20w ago | Insider Cluster | $2.74 $3.01 | ▲ +9.85% | ▲ +10.85% | $2.69 (−1.82%) |
Jun 2, 2026 20w ago | Insider Cluster | $2.75 $3.05 | ▲ +10.84% | ▲ +12.40% | $2.69 (−2.18%) |
US Market Status
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