Maersk is testing a giant spinning cylinder to cut fuel use on cargo ships
Horizon Kinetics Asset Management buys $2,268 of RENN Fund stock By Investing.com
- Investing
Ramit Sethi- 2 minutes read
Horizon Kinetics Asset Management LLC, identified as a 10% owner and director of RENN Fund, Inc. (), recently acquired shares in the company. On August 7, 2026, the firm purchased 756 shares of RENN Fund common stock.
The shares were acquired at a price of $3.0 per share, totaling $2,268 for the transaction. The stock currently trades at $2.92, up 16% year-to-date, with a market capitalization of $20.52 million.
Following this acquisition, Horizon Kinetics Asset Management LLC beneficially owns 948,540 shares of RENN Fund, Inc. common stock. Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. and holds a pecuniary interest in shares managed across various accounts.
According to InvestingPro data, the fund has been profitable over the last twelve months with earnings per share of $0.11. For deeper insights into RCG’s financial health and additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
