Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Russell Grimaldi, Chief Compliance Officer and Secretary of RENN Fund, Inc. (NYSE:RCG), recently acquired 3.63 shares of the company's common stock, valued at approximately $9. The shares were purchased at $2.51 each on December 27, 2024. According to InvestingPro data, while RCG has seen a -9.35% decline over the past week, the stock has demonstrated strong momentum with a 31% gain over the last six months. This transaction was part of an automatic investment as part of a dividend reinvestment plan, bringing Grimaldi's total holdings to 411.33 shares. The company currently offers a 1% dividend yield, with InvestingPro analysis revealing a moderate beta of 0.68 and impressive revenue growth of 21.5% in the last twelve months. For deeper insights into insider trading patterns and additional ProTips, subscribers can access the full analysis on InvestingPro.
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