Horizon Kinetics Asset Management buys $2,320 in RENN fund shares By Investing.com
- Investing
Peter Lynch- 0
- 2 minutes read
Horizon Kinetics Asset Management LLC, a 10% owner and director of RENN Fund, Inc. (), acquired 756 shares of the company’s common stock on July 21, 2026. The transaction, classified as a purchase, totaled $2,320, with shares bought at a price of $3.07 each.
Following this acquisition, Horizon Kinetics Asset Management LLC directly holds 938,712 shares of RENN Fund common stock. The stock currently trades at $3.05, up 16.73% year-to-date, according to InvestingPro data. While InvestingPro Tips note the company has been profitable over the last twelve months, investors should be aware that short-term obligations exceed liquid assets. For deeper insights, including access to a comprehensive Pro Research Report covering RCG and 1,400+ other US equities, visit InvestingPro. Horizon Kinetics Asset Management LLC serves as an investment adviser to RENN Fund, Inc. and has a pecuniary interest in shares held in various accounts it manages.
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