Rumble (NASDAQ:RUM) Major Shareholder Purchases $243,065.40 in Stock

Rumble Inc. (NASDAQ:RUM) major shareholder Tether Global Investments Fund bought 44,355 shares of Rumble stock in a transaction dated Friday, February 6th. The shares were bought at an average price of $5.48 per share, for a total transaction of $243,065.40. Following the completion of the transaction, the insider directly owned 105,174,015 shares of the company’s stock, valued at $576,353,602.20. This represents a 0.04% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own more than 10% 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 purchased 538,955 shares of Rumble stock. The stock was bought 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 acquired 193,702 shares of Rumble stock. The stock was bought at an average price of $5.49 per share, with a total value of $1,063,423.98.

Rumble Stock Performance

NASDAQ:RUM opened at $5.78 on Monday. The company has a market cap of $2.51 billion, a price-to-earnings ratio of -4.31 and a beta of 0.69. The stock’s fifty day moving average price is $6.49 and its two-hundred 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.

Rumble (NASDAQ:RUM) last released its earnings results on Monday, November 10th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $24.76 million for the quarter, compared to the consensus estimate of $26.86 million. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, equities analysts predict that Rumble Inc. will post -0.62 EPS for the current fiscal 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

Hedge Funds Weigh In On Rumble

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its holdings in shares of Rumble by 57.3% in the second quarter. Geode Capital Management LLC now owns 2,373,070 shares of the company’s stock worth $21,313,000 after acquiring an additional 864,677 shares in the last quarter. Sigma Planning Corp lifted its position in Rumble by 752.0% in the 2nd quarter. Sigma Planning Corp now owns 189,615 shares of the company’s stock valued at $1,703,000 after acquiring an additional 167,360 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of Rumble in the 2nd quarter valued at about $494,000. Intech Investment Management LLC bought a new position in shares of Rumble during the second quarter worth about $352,000. Finally, Handelsbanken Fonder AB acquired a new position in Rumble during the 2nd quarter worth approximately $171,000. Institutional investors and hedge funds own 26.15% of the company’s stock.

Analyst Ratings Changes

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

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.