Insider Buying: Rumble (NASDAQ:RUM) Major Shareholder Buys $2,915,746.55 in Stock

Rumble Inc. (NASDAQ:RUM) major shareholder Tether Global Investments Fund purchased 538,955 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were bought at an average price of $5.41 per share, with a total value of $2,915,746.55. Following the acquisition, the insider directly owned 105,129,660 shares of the company’s stock, valued at $568,751,460.60. This represents a 0.52% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

• On Friday, February 6th, Tether Global Investments Fund acquired 44,355 shares of Rumble stock. The stock was purchased at an average cost of $5.48 per share, with a total value of $243,065.40.
• On Tuesday, February 3rd, Tether Global Investments Fund acquired 193,702 shares of Rumble stock. The stock was acquired at an average cost of $5.49 per share, for a total transaction of $1,063,423.98.

Rumble Stock Performance

Shares of RUM stock opened at $5.78 on Monday. Rumble Inc. has a 52 week low of $5.11 and a 52 week high of $13.82. The firm’s 50-day simple moving average is $6.49 and its two-hundred day simple moving average is $7.03. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of -4.31 and a beta of 0.69.

Rumble (NASDAQ:RUM) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.08) 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 during the quarter, compared to the consensus estimate of $26.86 million. The firm’s revenue was down 1.2% on a year-over-year basis. Analysts forecast that Rumble Inc. will post -0.62 earnings per share for the current year.

More Rumble News

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

Analyst Ratings Changes

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

Institutional Trading of Rumble

Several large investors have recently bought and sold shares of RUM. Meeder Asset Management Inc. bought a new position in shares of Rumble in the 3rd quarter worth approximately $28,000. Mather Group LLC. bought a new position in Rumble in the third quarter worth $43,000. CWM LLC lifted its position in Rumble by 41.9% during the second quarter. CWM LLC now owns 6,238 shares of the company’s stock valued at $56,000 after buying an additional 1,843 shares during the period. Ameritas Investment Partners Inc. bought a new stake in shares of Rumble during the 2nd quarter valued at $72,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Rumble in the 3rd quarter worth about $72,000. 26.15% of the stock is owned by institutional investors.

Rumble Company Profile

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.