RENN Fund (NYSE: RCG) adviser adds 756 shares at $2.82
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) had an insider-related purchase reported by Horizon Kinetics Asset Management LLC, a ten percent owner. The firm purchased 756 shares of Common Stock on 2026-08-17 at $2.82 per share in an open-market or private transaction, bringing its reported holdings with pecuniary interest in managed accounts to 953,076 shares.
Positive
- None.
Negative
- None.
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 | $2.82 | $2K |
Holdings After Transaction:
Common Stock — 953,076 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
Purchase price: $2.82 per share
Shares held after transaction: 953,076 shares
+2 more
5 metrics
Shares purchased
756 shares
Common Stock transaction on 2026-08-17
Purchase price
$2.82 per share
Price for the 756-share Common Stock purchase
Shares held after transaction
953,076 shares
Total Common Stock with pecuniary interest after the purchase
Net buy shares
756 shares
Net buy-sell activity in this filing
Buy transactions count
1
Number of buy transactions reported in this filing
Key Terms
pecuniary interest, investment adviser, Common Stock, open market or private transaction
4 terms
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
"transaction_code_description": "Purchase in open market or private transaction""
FAQ
What insider transaction did Horizon Kinetics report for RCG?
Horizon Kinetics Asset Management LLC reported buying 756 shares of RENN Fund, Inc. (RCG) Common Stock at $2.82 per share on 2026-08-17, classified as a purchase in an open market or private transaction.
Was the RCG insider transaction a buy or a sell?
The reported transaction in RENN Fund, Inc. (RCG) was a buy. Horizon Kinetics Asset Management LLC acquired 756 shares of Common Stock, with the transaction coded as a purchase in an open market or private transaction.
What role does Horizon Kinetics play in relation to RENN Fund, Inc. (RCG)?
Horizon Kinetics Asset Management LLC serves as investment adviser to RENN Fund, Inc. and has a pecuniary interest in RCG shares held in various accounts that it manages, as disclosed in the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
