RENN Fund, Inc. (RCG) reported an insider purchase by Co-Portfolio Manager Peter Doyle on March 4, 2026. Doyle bought 200 shares of the fund's common stock at $2.92 a share, for a reported total transaction value of $584.
The purchase occurred while RCG shares were trading near their 52-week high of $3.00. The fund's shares have posted a 14% return year-to-date and a 17% gain over the trailing 12 months, according to the reported figures.
Following the March 4 transaction, Doyle's direct holdings in RENN Fund amount to 900 shares. In addition to his direct stake, Doyle indirectly holds 13,334 shares through a spouse, as disclosed in the transaction report.
Valuation and performance snapshot
Reported metrics include a price-to-earnings ratio of 5.63 and a market capitalization of $20.56 million for RCG. The filing summary also notes that, per InvestingPro Tips, RCG has delivered strong returns over the last three months and remains profitable. Investors are pointed to three additional ProTips and a detailed Pro Research Report for more comprehensive analysis of the fund.
What the filing records
- Transaction date: March 4, 2026.
- Shares purchased: 200.
- Price per share: $2.92.
- Total transaction value: $584.
- Direct ownership after purchase: 900 shares.
- Indirect ownership through spouse: 13,334 shares.
- Recent price context: trading near a 52-week high of $3.00.
- Reported returns: 14% year-to-date and 17% over the past year.
- Reported valuation: P/E ratio of 5.63 and market cap of $20.56 million.
The filing provides a concise record of the insider activity and the accompanying market and valuation figures available to investors reviewing RENN Fund's recent disclosures.