Horizon Kinetics buys 756 RENN Fund shares at $2.94
RENN Fund, Inc. (RCG) had a reported insider transaction by Horizon Kinetics Asset Management LLC, which is a ten percent owner.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) had a reported insider transaction by Horizon Kinetics Asset Management LLC, which is a ten percent owner. On 2026-08-27, it purchased 756 shares of common stock at $2.94 per share, bringing its reported holdings to 959,124 shares. Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund and has a pecuniary interest in shares held in various managed accounts.
Positive
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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 | $2.94 | $2K |
Holdings After Transaction:
Common Stock — 959,124 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: $2.94 per share
Shares owned after transaction: 959,124 shares of Common Stock
3 metrics
Shares purchased
756 shares of Common Stock
Purchase on 2026-08-27 reported by Horizon Kinetics Asset Management LLC
Purchase price per share
$2.94 per share
Price for the 756 RENN Fund, Inc. common shares bought on 2026-08-27
Shares owned after transaction
959,124 shares of Common Stock
Total holdings of Horizon Kinetics Asset Management LLC following the reported purchase
Key Terms
pecuniary interest, ten percent owner, investment adviser
3 terms
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
ten percent owner regulatory
"HORIZON KINETICS ASSET MANAGEMENT LLC is 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.
FAQ
What insider transaction did Horizon Kinetics report for RCG?
Horizon Kinetics Asset Management LLC reported a purchase of 756 RENN Fund (RCG) common shares on 2026-08-27 at $2.94 per share, according to the Form 4 filing.
What was the price paid in the latest RCG insider purchase?
The latest reported insider purchase of RENN Fund (RCG) common stock by Horizon Kinetics Asset Management LLC was at $2.94 per share for 756 shares on 2026-08-27.
What is Horizon Kinetics’ role in relation to RENN Fund (RCG)?
Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund (RCG) and has a pecuniary interest in shares held in various accounts that it manages.
AI-generated analysis. How Rhea-AI works. Not financial advice.