Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
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
2003-09-20 BOSHELL EDWARD O JR Director Sell 10,000 $11.94 $119,435 No
2020-07-09 STAHL MURRAY President and CEO Buy 225 $1.29 $291 No
2020-07-08 STAHL MURRAY President and CEO Buy 225 $1.29 $290 No
2020-07-07 STAHL MURRAY President and CEO Buy 225 $1.31 $294 No
2020-07-06 STAHL MURRAY President and CEO Buy 225 $1.30 $291 No
2020-07-02 STAHL MURRAY President and CEO Buy 250 $1.29 $322 No
2020-07-01 STAHL MURRAY President and CEO Buy 475 $1.28 $607 No
2019-11-06 STAHL MURRAY President and CEO Buy 500 $1.59 $796 No
2019-04-02 Brennan Alice C Director Buy 500 $1.61 $805 No
2019-03-19 Chain Herbert M Director Buy 500 $1.79 $895 No
2018-10-31 STAHL MURRAY President and CEO Buy 400 $1.47 $588 Yes
2017-08-17 Sites Eric Director Buy 2,000 $1.35 $2,700 No
2011-12-29 MCCORMICK J PHILIP Director Sell 3,500 $1.65 $5,765 No
2011-11-23 MCCORMICK J PHILIP Director Buy 3,000 $1.78 $5,335 No
2010-02-05 PIERCE CHARLES C JR Director Buy 2,000 $2.54 $5,080 No
2009-11-27 MCCORMICK J PHILIP Director Buy 2,500 $2.59 $6,481 No
2007-02-22 MCCORMICK J PHILIP Director Buy 500 $9.50 $4,750 No
2007-02-21 MCCORMICK J PHILIP Director Buy 1,500 $9.43 $14,150 No
2003-09-20 BOSHELL EDWARD O JR Director Sell 10,000 $11.94 $119,435 No

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.