Horizon Kinetics Asset Management LLC Buys Shares of RENN Fund, Inc. $RCG

Key Points

  • Horizon Kinetics Asset Management LLC bought 756 shares of RENN Fund, Inc. ($RCG) worth $2,079.
  • $RCG last traded around $2.75.

Horizon Kinetics Asset Management LLC, insider at RENN Fund, Inc. ($RCG), bought 756 shares at an average price of $2.75, for a total transaction of $2,079. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.

RENN Fund, Inc. ($RCG) Stock

Last price$2.75
Market cap$19.29M
P/E ratio24.95
Beta0.17
52-week low$2.40
52-week high$3.31
50-day MA$2.83
200-day MA$2.74
Current ratio0.40
Quick ratio0.20

RENN Fund, Inc. Earnings

EPS (ttm)$0.11
Revenue (ttm)$327.47K
Revenue growth-46.2%
Net margin242.4%
Return on equity4.1%
Next earningsMar 10, 2025

RENN Fund, Inc. Dividend

Annual dividend$0.02
Dividend yield78.00%
Payout ratio19.5%
Ex-dividend dateDec 18, 2025

About RENN Fund, Inc.

RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States.

ExchangeNYSE American
SectorFinancial Services
IndustryAsset Management
HeadquartersNew York, NY
CEOMr. Z. Eric Stephens CFA

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.