Horizon Kinetics buys 756 RENN Fund shares
Horizon Kinetics Asset Management LLC, a greater-than-10% owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock at $2.74 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a greater-than-10% owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock at $2.74 per share. After this transaction, it reports holding 921,324 shares directly. The footnote explains that Horizon Kinetics Asset Management serves as the investment adviser to RENN Fund and has a pecuniary interest in shares through various accounts it manages.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 756 | $2.74 | $2K |
Footnotes (1)
- F1. Horizon Kinetics Asset Management LLC ("HKAM") serves as the investment adviser to the Issuer and has a pecuniary interest in shares of the Issuer through various accounts that it manages. HKAM is a Delaware limited liability company and a wholly owned subsidiary of Horizon Kinetics Holding Corporation, a Delaware corporation.
Key Figures
Key Terms
open-market purchase financial
pecuniary interest financial
investment adviser financial
FAQ
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What insider transaction did Horizon Kinetics report for RENN Fund (RCG)?
Was the Horizon Kinetics RENN Fund (RCG) trade a buy or a sell?
What role does Horizon Kinetics play in relation to RENN Fund (RCG)?
Is the Horizon Kinetics RENN Fund (RCG) Form 4 transaction large or routine?
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