Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
RENN Fund, Inc. (RCG)
Sector: Financial Services; Industry: Asset Management

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. 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.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-29 STAHL MURRAY President and CEO Buy 675 $2.64 $1,782 No
2021-03-26 STAHL MURRAY President and CEO Buy 675 $2.52 $1,702 No
2021-03-25 STAHL MURRAY President & CEO Buy 675 $2.55 $1,718 No
2021-03-24 STAHL MURRAY President & CEO Buy 675 $2.67 $1,799 No
2021-03-23 STAHL MURRAY President and CEO Buy 675 $2.62 $1,765 No
2021-03-22 STAHL MURRAY President & CEO Buy 675 $2.70 $1,822 No
2021-03-18 STAHL MURRAY President and CEO Buy 675 $2.69 $1,816 No
2021-03-17 STAHL MURRAY President & CEO Buy 675 $2.70 $1,822 No
2021-03-16 STAHL MURRAY President and CEO Buy 675 $2.73 $1,839 No
2021-03-15 STAHL MURRAY President and CEO Buy 675 $2.66 $1,796 No
2021-03-12 STAHL MURRAY President and CEO Buy 675 $2.59 $1,745 No
2021-03-11 STAHL MURRAY President and CEO Buy 675 $2.54 $1,714 No
2021-03-10 STAHL MURRAY President & CEO Buy 675 $2.53 $1,707 No
2021-03-09 STAHL MURRAY President & CEO Buy 675 $2.44 $1,649 No
2021-03-08 STAHL MURRAY President & CEO Buy 675 $2.40 $1,620 No
2021-03-05 STAHL MURRAY President & CEO Buy 675 $2.39 $1,613 No
2021-03-04 STAHL MURRAY President & CEO Buy 675 $2.43 $1,640 No
2021-03-03 STAHL MURRAY President & CEO Buy 675 $2.37 $1,600 No
2021-03-02 STAHL MURRAY President & CEO Buy 600 $2.40 $1,443 No
2021-02-26 STAHL MURRAY President & CEO Buy 675 $2.36 $1,592 No
2021-02-25 STAHL MURRAY President & CEO Buy 675 $2.38 $1,606 No
2021-02-24 STAHL MURRAY President & CEO Buy 675 $2.34 $1,580 No
2021-02-23 STAHL MURRAY President & CEO Buy 675 $2.22 $1,499 No
2021-02-22 STAHL MURRAY President & CEO Buy 675 $2.26 $1,527 No
2021-02-19 STAHL MURRAY President & CEO Buy 675 $2.25 $1,515 No
2021-02-18 STAHL MURRAY President & CEO Buy 675 $2.30 $1,550 No
2021-02-17 STAHL MURRAY President & CEO Buy 675 $2.32 $1,563 No
2021-02-16 STAHL MURRAY President and CEO Buy 675 $2.32 $1,566 No
2021-02-12 STAHL MURRAY President & CEO Buy 675 $2.24 $1,509 No
2021-02-11 STAHL MURRAY President and CEO Buy 675 $2.25 $1,522 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

Liberty Media Corp (LSXMA) - BERKSHIRE HATHAWAY INC, Buffett made a move and add 2M shares to their position. What a news after dumping Airlines.