Tether Global Investments Fund Purchases 44,355 Shares of Rumble (NASDAQ:RUM) Stock

Rumble Inc. (NASDAQ:RUM) major shareholder Tether Global Investments Fund acquired 44,355 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was purchased at an average cost of $5.48 per share, for a total transaction of $243,065.40. Following the completion of the acquisition, the insider directly owned 105,174,015 shares of the company’s stock, valued at approximately $576,353,602.20. This trade represents a 0.04% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Tether Global Investments Fund also recently made the following trade(s):

• On Thursday, February 5th, Tether Global Investments Fund bought 538,955 shares of Rumble stock. The shares were purchased at an average cost of $5.41 per share, with a total value of $2,915,746.55.
• On Tuesday, February 3rd, Tether Global Investments Fund bought 193,702 shares of Rumble stock. The stock was purchased at an average price of $5.49 per share, for a total transaction of $1,063,423.98.

Rumble Trading Up 8.0%

Shares of NASDAQ:RUM opened at $5.78 on Friday. The company’s 50 day moving average is $6.49 and its 200 day moving average is $7.06. The company has a market cap of $2.51 billion, a PE ratio of -4.31 and a beta of 0.69. Rumble Inc. has a twelve month low of $5.11 and a twelve month high of $13.82.

Rumble (NASDAQ:RUM) last issued its earnings results on Monday, November 10th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.01). Rumble had a negative return on equity of 78.52% and a negative net margin of 275.47%.The business had revenue of $24.76 million for the quarter, compared to analysts’ expectations of $26.86 million. Rumble’s revenue was down 1.2% compared to the same quarter last year. Equities research analysts predict that Rumble Inc. will post -0.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rumble

Hedge funds and other institutional investors have recently modified their holdings of the business. Handelsbanken Fonder AB lifted its stake in Rumble by 50.5% in the 4th quarter. Handelsbanken Fonder AB now owns 28,600 shares of the company’s stock worth $181,000 after purchasing an additional 9,600 shares in the last quarter. Pictet Asset Management Holding SA acquired a new position in shares of Rumble in the 4th quarter worth approximately $75,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Rumble by 27.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,930 shares of the company’s stock worth $360,000 after purchasing an additional 12,221 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Rumble by 137.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,119 shares of the company’s stock worth $645,000 after acquiring an additional 51,636 shares in the last quarter. Finally, RIA Advisory Group LLC increased its stake in Rumble by 12.1% during the third quarter. RIA Advisory Group LLC now owns 16,725 shares of the company’s stock worth $121,000 after purchasing an additional 1,800 shares during the period. 26.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Rumble in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Rumble has a consensus rating of “Reduce” and a consensus price target of $8.00.

Key Stories Impacting Rumble

Here are the key news stories impacting Rumble this week:

• Positive Sentiment: Tether Global Investments Fund bought 193,702 shares on Feb. 3 at an average of $5.49, increasing its stake to ~104.6M shares (0.19% increase). SEC filing
• Positive Sentiment: Tether purchased 538,955 shares on Feb. 5 at an average of $5.41, a ~0.52% increase in its position and a ~$2.9M outlay — signaling continued insider demand around current price levels. SEC filing
• Positive Sentiment: Tether bought another 44,355 shares on Feb. 6 at an average of $5.48, marginally raising its holding to ~105.17M shares; cumulative buys this week reduce available float and may underpin short-term price strength. SEC filing
• Neutral Sentiment: Coverage of WWE/Royal Rumble events — entertainment stories (WWE talent and event plans) that may drive periodic content and traffic but are not direct corporate announcements from Rumble. Major Update on WWE’s Original Royal Rumble Winner Plans
• Neutral Sentiment: Report on potential WWE Royal Rumble 2027 location — likely low direct impact on Rumble unless tied to platform distribution/partnerships. Potential location for WWE Royal Rumble 2027 – report
• Neutral Sentiment: Stories on AJ Styles and Logan Paul from recent Royal Rumble coverage — notable personalities that can drive viewership but not company-specific news for Rumble. AJ Styles Comments Logan Paul claims he broke his jaw
• Negative Sentiment: Rumble’s recent fundamentals remain a headwind — the company missed Q3 revenue and EPS estimates, has negative margins and negative ROE; these factors leave valuations sensitive to sentiment and reliant on execution/improved monetization. MarketBeat RUM profile

About Rumble

Rumble Inc operates a video-sharing platform designed to offer creators and audiences an alternative to traditional social media and streaming services. The company’s primary business activities include hosting, distributing and monetizing user–generated and professional video content. Through its platform, Rumble enables content creators to retain a higher share of advertising revenue and maintain greater control over their intellectual property, while offering viewers open access to a wide range of videos spanning news, sports, entertainment and educational programming.

In addition to its core video platform, Rumble provides cloud–based video hosting and delivery services via Rumble Cloud, a content–delivery network (CDN) designed to support high–volume streaming and storage.