RCG RENN Fund, Inc.
Price Chart
Executive Summary
Two insiders at RENN Fund, Inc. (RCG) made open-market purchases totaling ~$3K over a 7-day window ending June 5, 2026. Horizon Kinetics Asset Management (a 10% owner) made five daily buys of 756 shares each in a regular pattern, while insider Peter Doyle added two smaller buys. The dollar amount is trivial relative to the company's tiny market cap but represents a meaningful fraction of daily liquidity, and the cluster includes a repeat 10% buyer.
Key Financial Metrics
Actionable Insight
Sustained daily accumulation by a 10% owner combined with insider buys — despite trivial absolute dollars — has historically preceded strong T+20 returns on this name (100% win rate, avg +8.9%). The pattern suggests awareness of upcoming catalyst or undervaluation. Monitor for a Form 13D filing or corporate announcement within 2 weeks.
Key Facts
- Two insiders executed 7 open-market purchases totaling ~$10.2K over the window (including cross-filing trades: $2,132 + $816 + $2,079 + $1,100 + $2,079 + $2,049 = $10,255)
- Horizon Kinetics Asset Management, a 10% owner, bought 756 shares daily for 5 consecutive days at ~$2.71-$2.82/share
- Peter Doyle (Insider) bought 300 shares on June 4 and 400 shares on June 3
- 30-day insider activity total: 10 buys for $18K, indicating sustained insider buying momentum.
- Historical cluster signals on RCG show 100% win rate at T+20 with avg +8.91%, supporting this signal.
Financial Impact
Total purchases ~$10.3K over the primary cluster window, plus additional $7.7K from prior 30 days = $18K total insider buying. At current ~$2.80/share this is under 10% of a day's likely float.
Risk Factors
- Absolute dollar amounts are very small ($10K cluster) — the signal may be noise in a tiny, thinly traded micro-cap
- 10% owner's daily buy pattern could be a mechanical accumulation program, not escalating conviction
- The stock's prior 100% T+20 win rate on bullish calls is based on n=4 settled reports, a small sample
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RCG-1780934573599 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
today
|
Insider Cluster
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.76 (+0.91%) |
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.76 (+0.91%) |
|
Jun 5, 2026
4d ago
|
Insider Cluster
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.76 (+0.91%) |
|
Jun 4, 2026
5d ago
|
Insider Cluster
| $2.79 $2.78 | ▼ −0.36% | ▲ +2.24% | $2.76 (−1.08%) |
|
Jun 4, 2026
5d ago
|
Insider Cluster
| $2.79 $2.78 | ▼ −0.36% | ▲ +2.22% | $2.76 (−1.08%) |
|
Jun 3, 2026
6d ago
|
Insider Cluster
| $2.74 $2.79 | ▲ +1.64% | ▲ +1.24% | $2.76 (+0.73%) |
|
Jun 2, 2026
7d ago
|
Insider Cluster
| $2.75 $2.74 | ▼ −0.36% | ▲ +0.33% | $2.76 (+0.36%) |
|
May 8, 2026
4w ago
|
8-K
| $2.80 $2.82 | ▲ +0.71% | ▲ +0.85% | $2.76 (−1.43%) |
|
Apr 28, 2026
6w ago
|
8-K
| $2.76 $2.79 | ▲ +1.09% | ▲ +0.06% | $2.76 (−0.00%) |
|
Mar 4, 2026
14w ago
|
Insider Cluster
| $2.94 $2.93 | ▼ −0.34% | ▲ +0.23% | $2.76 (−6.12%) |
US Market Status
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