Rumble Inc. (NASDAQ:RUM – Get Free Report) Director Robert Arsov sold 27,500 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $5.76, for a total value of $158,400.00. Following the sale, the director now directly owns 14,994,837 shares of the company’s stock, valued at $86,370,261.12. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Robert Arsov also recently made the following trade(s):
- On Monday, July 1st, Robert Arsov sold 27,500 shares of Rumble stock. The shares were sold at an average price of $5.61, for a total value of $154,275.00.
- On Wednesday, June 5th, Robert Arsov sold 30,000 shares of Rumble stock. The stock was sold at an average price of $6.06, for a total transaction of $181,800.00.
- On Monday, June 3rd, Robert Arsov sold 30,000 shares of Rumble stock. The stock was sold at an average price of $6.11, for a total transaction of $183,300.00.
- On Monday, May 6th, Robert Arsov sold 35,000 shares of Rumble stock. The shares were sold at an average price of $6.91, for a total transaction of $241,850.00.
- On Friday, May 3rd, Robert Arsov sold 35,000 shares of Rumble stock. The stock was sold at an average price of $6.85, for a total transaction of $239,750.00.
- On Wednesday, May 1st, Robert Arsov sold 35,012 shares of Rumble stock. The shares were sold at an average price of $6.70, for a total value of $234,580.40.
- On Thursday, April 4th, Robert Arsov sold 35,000 shares of Rumble stock. The shares were sold at an average price of $6.72, for a total value of $235,200.00.
Rumble Stock Up 1.2 %
Rumble stock traded up $0.07 during midday trading on Wednesday, hitting $5.75. 488,992 shares of the stock were exchanged, compared to its average volume of 4,002,010. The stock has a market capitalization of $2.23 billion, a PE ratio of -8.98 and a beta of 0.77. The company has a fifty day simple moving average of $6.36 and a two-hundred day simple moving average of $6.30. Rumble Inc. has a 52 week low of $3.33 and a 52 week high of $9.20.
Institutional Investors Weigh In On Rumble
A number of hedge funds and other institutional investors have recently bought and sold shares of RUM. Signaturefd LLC acquired a new stake in Rumble in the fourth quarter valued at $32,000. Principal Securities Inc. acquired a new stake in Rumble in the 4th quarter valued at about $32,000. Global Retirement Partners LLC grew its holdings in Rumble by 1,100.0% during the first quarter. Global Retirement Partners LLC now owns 6,000 shares of the company’s stock worth $48,000 after purchasing an additional 5,500 shares during the period. Newbridge Financial Services Group Inc. increased its position in Rumble by 1,270.0% during the first quarter. Newbridge Financial Services Group Inc. now owns 6,850 shares of the company’s stock worth $55,000 after buying an additional 6,350 shares during the last quarter. Finally, Daiwa Securities Group Inc. acquired a new position in Rumble during the fourth quarter worth approximately $80,000. Institutional investors and hedge funds own 26.15% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Oppenheimer reiterated a “market perform” rating on shares of Rumble in a research report on Thursday, March 28th.
Get Our Latest Research Report on Rumble
Rumble Company Profile
Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.
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