Rent the Runway (RENT) 10% Owner LLC Buys $1.6M of Stock
Key Points
- Ten percent owner CHS US Investments LLC purchased 458,245 shares of Rent the Runway, Inc. at $3.55 apiece on October 21, 2026, totaling about $1.63 million.
- The transaction grew the owner's stake by 2.04% to 22,937,292 shares.
- Rent the Runway recently traded around $2.30, sitting below its 50-day moving average as investors await the company's next earnings report on December 10, 2026.
Since the trade, $RENT is up 5.5% to date (from the $2.18 close on Oct 21, 2026).
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CHS US Investments LLC, a 10% owner of Rent the Runway, Inc. (RENT), bought 458,245 shares of the company on October 21, 2026. According to a Form 4 filing with the U.S. Securities and Exchange Commission, the shares were acquired at a price of $3.55 each for a total value of $1,626,769.75.
Inside CHS US Investments's Rent the Runway Trade
The purchase expanded the owner's holdings by a 2.04% change, lifting its total stake to 22,937,292 shares. The transaction was executed directly by the investment firm.
Other Institutional Activity in Rent the Runway
Technology Crossover Management VIII, Ltd. held 197,481 shares valued at about $454,206 as of June 30, 2026, keeping its position steady with zero change in units. Ares Management LLC maintained its stake of 169,383 shares worth about $389,580 over the same period. Castleknight Management LP also held its position unchanged at 96,655 shares valued at approximately $222,306.
Rent the Runway, Inc. Stock Up 5.5%
Rent the Runway recently traded around $2.30 as of October 23, 2026. The share price sits roughly 9.2% below its 50-day moving average of $2.53 and about 46.0% below its 200-day moving average of $4.26. The stock has traded between a 52-week low of $1.51 and a 52-week high of $10.13.
Recent Earnings
Rent the Runway reported trailing twelve-month revenue of $366.9 million with a trailing twelve-month earnings per share of $9.48. The company posted a net profit margin of 11.8% and year-over-year revenue growth of 20.8%. Its next earnings report is scheduled for December 10, 2026.
Insider Buying and Selling at Rent the Runway, Inc.
Earlier insider activity included multiple transactions before this filing. Officer Sarah K Tam sold 863 shares at $4.89 each on September 16, 2025, totaling $4,220. Director Dhiren R Fonseca sold 34,516 shares at $2.99 apiece on July 24, 2026, for $103,220, followed by a sale of 25,132 shares at $1.94 each on September 14, 2026, valued at $48,681. Fonseca later sold 75,000 shares at $1.70 each on September 25, 2026, for a total of $127,246.
About Rent the Runway, Inc.
Rent the Runway, Inc. operates a shared designer closet service in the United States, giving subscribers access to apparel, accessories, and home goods through rental and resale offerings. Founded in 2009 and based in Brooklyn, New York, the company serves customers looking for flexible wardrobe options ranging from everyday wear to special occasion attire.
Bottom Line
Investors are keeping an eye on the company's upcoming financial results scheduled for December 10, 2026, as the stock trades below its key moving averages. Further SEC filings will show whether major owners continue adjusting their positions ahead of the year-end earnings release.
Source: CHS US Investments LLC's Form 4 filing on $RENT (Oct 21, 2026). Written by software, not financial advice. How we make alerts