RENN Fund insider buys 756 shares at $2.95
RENN Fund, Inc. (RCG) had an insider ownership update from Horizon Kinetics Asset Management LLC, which is reported as a ten percent owner.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) had an insider ownership update from Horizon Kinetics Asset Management LLC, which is reported as a ten percent owner. On 2026-08-25, the firm purchased 756 shares of common stock in an open-market or private transaction at $2.95 per share. Following this transaction, Horizon Kinetics Asset Management LLC is reported as having a pecuniary interest in 957,612 shares held in various managed accounts.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 756 shares
Net Buy
1 txn
Insider
HORIZON KINETICS ASSET MANAGEMENT LLC
Role
10% Owner
Bought
756 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 756 | $2.95 | $2K |
Holdings After Transaction:
Common Stock — 957,612 shares (Direct)
Footnotes (1)
- F1. Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as the investment adviser to the Issuer and has a pecuniary interest in shares held in various accounts that it manages.
Key Figures
Shares purchased: 756 shares of Common Stock
Purchase price per share: $2.95 per share
Shares following transaction: 957,612 shares of Common Stock
3 metrics
Shares purchased
756 shares of Common Stock
Open-market or private purchase on 2026-08-25
Purchase price per share
$2.95 per share
Price for the 756-share Common Stock purchase
Shares following transaction
957,612 shares of Common Stock
Reported pecuniary interest after the 2026-08-25 purchase
Key Terms
ten percent owner, investment adviser, pecuniary interest
3 terms
ten percent owner regulatory
"HORIZON KINETICS ASSET MANAGEMENT LLC is reported as a ten percent owner"
investment adviser financial
"serves as the investment adviser to the Issuer"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
FAQ
What insider transaction did RCG report for Horizon Kinetics Asset Management LLC?
Horizon Kinetics Asset Management LLC reported a purchase of 756 RCG common shares on 2026-08-25 at $2.95 per share, increasing its reported pecuniary interest in RENN Fund, Inc. to 957,612 shares held across various accounts it manages.
Was the recent RCG insider transaction a buy or a sell?
The reported transaction for RENN Fund, Inc. (RCG) was a buy. Horizon Kinetics Asset Management LLC purchased 756 common shares at $2.95 per share in an open-market or private transaction.
What is Horizon Kinetics Asset Management LLC’s role in relation to RCG?
Horizon Kinetics Asset Management LLC is a ten percent owner of RENN Fund, Inc. (RCG) and serves as the investment adviser to the issuer, with a pecuniary interest in shares held in various accounts that it manages.
AI-generated analysis. How Rhea-AI works. Not financial advice.