Insiders Trades
RF
RENN Fund, Inc. Stock: price and insider trades · United States
2 insiders bought €110k of shares over the last 90 days, the latest filed 29 Sept 2026.
RENN Fund, Inc.: what insiders have been doing
This page follows insider dealings at RENN Fund, Inc. as filed with SEC (Form 4), a company from the Finance & Banking sector. Between 18 October 2025 and 18 October 2026, 7 insiders published 221 filings.
Every open-market trade in the period is a purchase: 221 purchases worth €242k, from 7 insiders, and not a single sale. The totals do not cover 7 filings with an undisclosed amount. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Those buying include 4 senior executives, 1 major shareholder and 1 chief executive. Kesslen Jay H filed the largest purchase, €2,530, on 28 August 2026, which represents 0.014% of the company's market value.
In the case of 105 purchases, another manager of the company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. The latest purchase is recent: it was published 18 days ago, on 29 September 2026. Typically, a trade is published a median of 1 day after it takes place. The legal deadline for a Form 4 is two business days after the transaction.
For context, the typical company on the same exchange (median of 5,813 companies) published 19 filings over the same period, against 221 filings here. Looking back to 2021, when coverage begins, insiders filed 1,366 purchases and no sales.
In the same sector, recent insider purchases at First Guaranty Bancshares, Inc. and BCB Bancorp Inc also feature in our signals. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
1,368
Thresholds
n/a
Buy Volume
€637,737
1366 ops. · all time
Sell Volume
n/a
n/a
Who traded when
BuySaleMurray Stahl132 buys
Horizon Kinetics Asset Management LLC67 buys
Jay H. Kesslen6 buys
Peter Doyle5 buys
Alice C. Brennan1 buy
Anita L. Allen1 buy
+1 other insider
Since the insiders bought
- -7.2%Entry US$3.04 · Close 16 Oct 2026 US$2.82
- -4.1%Entry US$2.94 · Close 16 Oct 2026 US$2.82
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2025FY ended December 2025 · cache
US$2.88
Analyst consensus
Income statement
RevenueUS$1.1M
Net incomeUS$793.9k1731.7% margin
Valuation
PER (trailing)5.2x
P/Book0.9x
Beta0.18
Balance sheet & cash
Market capUS$20.2M
Free Cash Flow-US$2.1M
Profitability & ownership
ROE18.6%
ROA-0.2%
% insiders20.2%
% institutions19.4%
Last declaration on 29 September 2026
Declarations1,368 total
756 shares@ US$3.040.011% mcap1.7% of flowCommon StockSEC:0001437749-26-031438:0
Canonical exit: 27 Dec 2026 (T+90)
756 shares@ US$3.020.011% mcap1.7% of flowCommon StockSEC:0001437749-26-031300:0
Canonical exit: 24 Dec 2026 (T+90)
756 shares@ US$3.040.011% mcap1.8% of flowCommon StockSEC:0001437749-26-031189:0
Canonical exit: 23 Dec 2026 (T+90)
756 shares@ US$3.050.011% mcap1.8% of flowCommon StockSEC:0001437749-26-031126:0
Canonical exit: 22 Dec 2026 (T+90)
756 shares@ US$3.050.011% mcap1.8% of flowCommon StockSEC:0001437749-26-031017:0
Canonical exit: 21 Dec 2026 (T+90)
756 shares@ US$3.050.011% mcap1.8% of flowCommon StockSEC:0001437749-26-030869:0
Canonical exit: 20 Dec 2026 (T+90)
756 shares@ US$3.040.011% mcap1.8% of flowCommon StockSEC:0001437749-26-030794:0
Canonical exit: 17 Dec 2026 (T+90)
756 shares@ US$3.040.011% mcap1.8% of flowCommon StockSEC:0001437749-26-030720:0
Canonical exit: 16 Dec 2026 (T+90)
756 shares@ US$3.040.011% mcap1.8% of flowCommon StockSEC:0001437749-26-030610:0
Canonical exit: 15 Dec 2026 (T+90)
756 shares@ US$3.050.011% mcap1.8% of flowCommon StockSEC:0001437749-26-030533:0
Canonical exit: 14 Dec 2026 (T+90)
756 shares@ US$3.050.011% mcap1.7% of flowCommon StockSEC:0001437749-26-030424:0
Canonical exit: 13 Dec 2026 (T+90)
756 shares@ US$2.980.010% mcap1.7% of flowCommon StockSEC:0001437749-26-030247:0
Canonical exit: 10 Dec 2026 (T+90)
756 shares@ US$2.940.010% mcap1.7% of flowCommon StockSEC:0001437749-26-030136:0
Canonical exit: 9 Dec 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-030042:0
Canonical exit: 7 Dec 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-030042:1
Canonical exit: 8 Dec 2026 (T+90)
756 shares@ US$2.900.010% mcap1.7% of flowCommon StockSEC:0001437749-26-029770:0
Canonical exit: 3 Dec 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-029683:0
Canonical exit: 2 Dec 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-029569:0
Canonical exit: 1 Dec 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-029374:0
Canonical exit: 29 Nov 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-029279:0
Canonical exit: 26 Nov 2026 (T+90)
756 shares@ US$2.940.010% mcap1.7% of flowCommon StockSEC:0001437749-26-029139:0
Canonical exit: 25 Nov 2026 (T+90)
1,000 shares@ US$2.950.014% mcap3.9% of flowCommon StockSEC:0001437749-26-029140:0
Canonical exit: 25 Nov 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-029076:0
Canonical exit: 24 Nov 2026 (T+90)
1,000 shares@ US$2.950.014% mcap3.9% of flowCommon StockSEC:0001437749-26-029091:0
Canonical exit: 24 Nov 2026 (T+90)
756 shares@ US$2.950.010% mcap1.7% of flowCommon StockSEC:0001437749-26-028959:0
Canonical exit: 23 Nov 2026 (T+90)
25 of 1368 declarations
About RENN Fund, Inc.
RENN Fund, Inc. (ticker: RCG) is a U.S.-listed investment company traded on the NYSE/NASDAQ and structured as a SEC-registered closed-end fund. The fund was organized and commenced operations in 1994, is incorporated in Texas, and its principal executive office is in New York, while recent SEC filings also show a Dallas business address. For international investors, this is best understood as an American listed investment vehicle rather than a commercial bank or operating company. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000919567/000139834426004897/fp0097719-2_ncsr.htm?utm_source=openai))
At its core, RENN Fund runs a long-term, value-oriented portfolio strategy aimed at generating above-market returns through both capital appreciation and income. The most recent SEC reports state that the fund may invest across a broad range of financial instruments, including common stocks, fixed income securities such as convertible and non-convertible debt, loans, distressed debt, warrants, preferred stock, ETFs, ETNs, and other instruments; at times, it may also use short positions and certain crypto-related exposures. This broad mandate gives management flexibility, but it also means the fund’s results can be volatile and highly dependent on security selection and market conditions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000919567/000139834426004897/fp0097719-2_ncsr.htm?utm_source=openai))
Read moreShow less
From a competitive standpoint, RENN Fund is a niche, small closed-end fund rather than a large-scale asset manager. Its franchise value comes primarily from its investment process and from its relationship with Horizon Kinetics Asset Management LLC, which serves as investment adviser and portfolio manager. Horizon Kinetics is responsible for portfolio management subject to board oversight, and the firm’s style has historically been associated with concentrated, contrarian, and value-driven investing. That makes RCG more of a specialist public-market vehicle than a broad, diversified fund family product. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000919567/000139834426004897/fp0097719-2_ncsr.htm?utm_source=openai))
Geographically, the business is overwhelmingly U.S.-based in terms of incorporation, listing venue, and governance, although the underlying investments can be global in nature depending on opportunities. The fund’s headquarters and reporting structure remain centered in the United States, with New York as the practical operating hub. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000919567/000139834426004897/fp0097719-2_ncsr.htm?utm_source=openai))
Recent developments matter for the investment case. In 2026, SEC filings disclosed the death of Murray Stahl, the co-founder and long-time investment leader of Horizon Kinetics, which is an important governance and succession event for a fund closely tied to its adviser’s philosophy. In parallel, multiple recent Form 4 filings confirm ongoing insider reporting and continued SEC monitoring of beneficial ownership changes. For investors, the main focus is therefore the fund’s portfolio construction, adviser continuity, and its ability to sustain net performance over time within the U.S. listed NYSE/NASDAQ ecosystem. ([sec.gov](https://www.sec.gov/Archives/edgar/data/919567/000139834426007499/fp0098753-1_8kixbrl.htm?utm_source=openai))
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