Overview
Renn Fund, Inc. (EXCHANGE: RCG) reported that co-portfolio manager Peter Doyle purchased shares of the fund's common stock in multiple transactions during February 2026. The filings list three separate purchases and record the transactions under code "P."
Transaction details
- On February 13, 2026, Doyle bought 100 shares.
- On February 19, 2026, he purchased an additional 100 shares.
- On February 20, 2026, he acquired 200 more shares.
Together these purchases add up to $1,107 in consideration, with the per-share prices ranging from $2.71 to $2.80.
Post-transaction holdings and market context
Following the February purchases, Doyle's direct ownership of RCG common stock stands at 700 shares. The filings also note that he indirectly owns 13,334 shares through his spouse. At the time of reporting, RCG is trading at $2.85 per share, which is close to its 52-week high of $2.88. The shares have risen by nearly 11% year-to-date.
The filings referenced a market capitalization of approximately $20 million for the fund in materials available to subscribers of certain research services.
Contextual notes
The documented transactions are recorded with transaction code "P." The public filing provided the dates, share counts, price range and aggregate dollar amount paid, but did not expand on motives or any planned future trades.
This report focuses strictly on the reported insider purchases and the holdings disclosed following those transactions.