RCG RENN Fund, Inc.
Price Chart
Executive Summary
Two insiders at RENN Fund, Inc. (RCG) made open-market purchases totaling ~$10.3K over a 7-day window, with Horizon Kinetics Asset Management (a 10% owner) making four small buys and director Peter Doyle making two buys. The total dollar value is negligible relative to the company's market cap, and the historical performance shows strong positive T+20 returns on prior reports, but the absolute size of this cluster is too small to be material.
Key Financial Metrics
Actionable Insight
The insider buying is too small in dollar terms to signal material conviction. Monitor for larger purchases or a catalyst (e.g., NAV disclosure, asset sale) that would justify a higher conviction read. The historical T+20 win rate on RCG reports is 100%, but this cluster lacks the scale to warrant a directional call.
Key Facts
- Two insiders (10% owner Horizon Kinetics Asset Management and director Peter Doyle) made open-market purchases totaling ~$10.3K
- Horizon Kinetics made four purchases of 756 shares each at prices between $2.75-$2.82, totaling ~$8.4K
- Peter Doyle made two purchases totaling 700 shares at $2.72-$2.75, totaling ~$1.9K
- Total cluster value of ~$10.3K is trivial relative to RCG's market cap (estimated ~$5M based on ~1.8M shares outstanding at ~$2.75)
- No 10b5-1 plans or vesting-driven patterns detected — all transactions are open-market buys
Financial Impact
~$10.3K in insider purchases, representing ~0.2% of estimated market cap
Risk Factors
- Small absolute dollar amount limits signal strength
- No identifiable catalyst in the filing to explain the buying
- RCG is a closed-end fund with low liquidity — small trades can have outsized price impact
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RCG-1781016593343 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
today
|
Insider Cluster
| $2.75 awaiting T+1 | awaiting T+1 | — | $2.75 (+0.18%) |
|
Jun 11, 2026
2d ago
|
Insider Cluster
| $2.75 awaiting T+1 | awaiting T+1 | — | $2.75 (+0.18%) |
|
Jun 9, 2026
4d ago
|
Insider Cluster
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.75 (+0.55%) |
|
Jun 8, 2026
5d ago
|
Insider Cluster
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.75 (+0.55%) |
|
Jun 5, 2026
7d ago
|
Insider Cluster
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.75 (+0.55%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $2.79 $2.78 | ▼ −0.36% | ▲ +2.24% | $2.75 (−1.43%) |
|
Jun 4, 2026
9d ago
|
Insider Cluster
| $2.79 $2.78 | ▼ −0.36% | ▲ +2.22% | $2.75 (−1.43%) |
|
Jun 3, 2026
10d ago
|
Insider Cluster
| $2.74 $2.79 | ▲ +1.64% | ▲ +1.24% | $2.75 (+0.36%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $2.75 $2.74 | ▼ −0.36% | ▲ +0.33% | $2.75 (0.00%) |
|
May 8, 2026
5w ago
|
8-K
| $2.80 $2.82 | ▲ +0.71% | ▲ +0.85% | $2.75 (−1.79%) |
US Market Status
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