In a recent filing with the Securities and Exchange Commission, Alice C. Brennan, a director at RENN Fund, Inc. (NYSE:RCG), reported the purchase of common stock valued at approximately $40. This transaction took place on December 26, 2024, with shares acquired at a price of $2.51 each, as the stock trades near its 52-week high of $2.85. The purchase was part of an automatic investment as part of a dividend reinvestment plan, with the fund currently offering a 0.9% dividend yield. The transaction resulted in a total ownership of 2,350.33 shares post-transaction.
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