Rumble (NASDAQ:RUM) Major Shareholder Acquires $1,063,423.98 in Stock

Rumble Inc. (NASDAQ:RUM) major shareholder Tether Global Investments Fund purchased 193,702 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was acquired at an average price of $5.49 per share, with a total value of $1,063,423.98. Following the completion of the purchase, the insider owned 104,590,705 shares in the company, valued at $574,202,970.45. This represents a 0.19% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% 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 bought 44,355 shares of Rumble stock. The stock was bought at an average cost of $5.48 per share, for a total transaction of $243,065.40.
• On Thursday, February 5th, Tether Global Investments Fund acquired 538,955 shares of Rumble stock. The shares were purchased at an average cost of $5.41 per share, for a total transaction of $2,915,746.55.

Rumble Stock Up 8.0%

NASDAQ:RUM opened at $5.78 on Monday. The company’s 50 day moving average price is $6.49 and its 200-day moving average price is $7.03. Rumble Inc. has a 52 week low of $5.11 and a 52 week high of $13.82. The stock 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 net margin of 275.47% and a negative return on equity of 78.52%. The business had revenue of $24.76 million for the quarter, compared to analysts’ expectations of $26.86 million. The firm’s revenue was down 1.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Rumble Inc. will post -0.62 earnings per share for the current year.

Rumble News Roundup

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 reaffirmed a “sell (e+)” rating on shares of Rumble in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $8.00.

Institutional Trading of Rumble

Institutional investors and hedge funds have recently bought and sold shares of the stock. Silver Oak Securities Incorporated grew its holdings in shares of Rumble by 3.7% in the third quarter. Silver Oak Securities Incorporated now owns 38,939 shares of the company’s stock valued at $282,000 after purchasing an additional 1,400 shares in the last quarter. Merit Financial Group LLC lifted its position in Rumble by 12.7% during the third quarter. Merit Financial Group LLC now owns 14,038 shares of the company’s stock valued at $102,000 after purchasing an additional 1,577 shares during the last quarter. RIA Advisory Group LLC grew its stake in shares of Rumble by 12.1% in the 3rd quarter. RIA Advisory Group LLC now owns 16,725 shares of the company’s stock worth $121,000 after buying an additional 1,800 shares in the last quarter. CWM LLC increased its holdings in shares of Rumble by 41.9% in the 2nd quarter. CWM LLC now owns 6,238 shares of the company’s stock worth $56,000 after buying an additional 1,843 shares during the last quarter. Finally, ProShare Advisors LLC raised its position in shares of Rumble by 12.9% during the 3rd quarter. ProShare Advisors LLC now owns 18,248 shares of the company’s stock valued at $132,000 after buying an additional 2,091 shares in the last quarter. 26.15% of the stock is currently owned by institutional investors.

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.