Rumble Inc. (NASDAQ:RUM – Get Free Report) Director Robert Arsov sold 35,012 shares of Rumble stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $6.70, for a total transaction of $234,580.40. Following the sale, the director now owns 15,278,902 shares in the company, valued at approximately $102,368,643.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Robert Arsov also recently made the following trade(s):
- On Friday, May 3rd, Robert Arsov sold 35,000 shares of Rumble stock. The shares were sold at an average price of $6.85, for a total transaction of $239,750.00.
- On Thursday, April 4th, Robert Arsov sold 35,000 shares of Rumble stock. The stock was sold at an average price of $6.72, for a total transaction of $235,200.00.
- On Tuesday, April 2nd, Robert Arsov sold 40,000 shares of Rumble stock. The shares were sold at an average price of $7.21, for a total transaction of $288,400.00.
Rumble Trading Up 2.9 %
NASDAQ RUM opened at $6.98 on Friday. The stock has a 50 day moving average price of $7.00 and a 200-day moving average price of $5.84. Rumble Inc. has a one year low of $3.33 and a one year high of $11.25.
Analyst Upgrades and Downgrades
Separately, Oppenheimer reiterated a “market perform” rating on shares of Rumble in a research report on Thursday, March 28th.
Read Our Latest Stock Analysis on RUM
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Global Retirement Partners LLC increased its stake 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 acquiring an additional 5,500 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in shares of Rumble by 1,270.0% in the 1st quarter. Newbridge Financial Services Group Inc. now owns 6,850 shares of the company’s stock worth $55,000 after purchasing an additional 6,350 shares during the period. Principal Securities Inc. bought a new position in shares of Rumble during the 4th quarter valued at approximately $32,000. Signaturefd LLC bought a new position in shares of Rumble during the 4th quarter valued at approximately $32,000. Finally, Solano Wealth Management Inc. purchased a new stake in Rumble during the 3rd quarter valued at $51,000. Institutional investors own 26.15% of the company’s stock.
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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