Rumble (NASDAQ:RUM) Trading 8.4% Higher Following Insider Buying Activity

Rumble Inc. (NASDAQ:RUM) traded up 8.4% on Monday after an insider bought additional shares in the company. The company traded as high as $6.30 and last traded at $6.2650. 1,220,371 shares changed hands during trading, a decline of 38% from the average session volume of 1,952,790 shares. The stock had previously closed at $5.78.

Specifically, major shareholder Tether Global Investments Fund purchased 44,355 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average cost of $5.48 per share, for a total transaction of $243,065.40. Following the purchase, the insider directly owned 105,174,015 shares in the company, valued at $576,353,602.20. The trade was a 0.04% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Tether Global Investments Fund acquired 538,955 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average cost of $5.41 per share, for a total transaction of $2,915,746.55. Following the purchase, 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 ownership of the stock. The SEC filing for this purchase provides additional information. In other Rumble news, major shareholder Tether Global Investments Fund bought 193,702 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $574,202,970.45. This trade represents a 0.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Analyst Ratings Changes

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

Key Rumble News

Here are the key news stories impacting Rumble this week:

• Positive Sentiment: Tether-linked funds filed purchases of Rumble shares, indicating institutional accumulation that can support the stock and attract momentum investors. Article Title
• Positive Sentiment: Additional SEC/13F-style filings show separate buy reports tied to Tether Global Investments (individual filings reporting ~538,955 and ~193,702 shares), reinforcing the picture of a multi-part institutional accumulation. Article Title Article Title
• Positive Sentiment: Unusually heavy call buying: traders purchased ~15,602 RUM call options (≈174% above average call volume), a short-term bullish signal that can amplify stock moves as market makers hedge.
• Neutral Sentiment: News unrelated to the company’s platform (WWE “Royal Rumble” coverage, WWE talent booking) is circulating because of the shared word “Rumble” but has no material impact on Rumble Inc.’s business or stock. Article Title Article Title
• Neutral Sentiment: Corporate-name change on a different company: Rumble Resources Inc. (ticker RB on the CSE) is renaming to NovaRed Mining (NRED) — unrelated to Rumble Inc. (RUM) but could create ticker/name confusion for retail investors. Article Title
• Negative Sentiment: Regulatory/market access risk in Brazil: reports say Brazilian authorities are seeking to restore a block on the Rumble video app, which would reduce user reach and ad/engagement opportunities in a sizable market. This is a direct operational risk if access is curtailed. Article Title
• Negative Sentiment: Fundamentals remain a caution: recent quarterly results missed revenue and EPS expectations, and the company shows negative margins and ROE — factors that limit long-term upside absent sustained revenue improvement or margin progress. (Quarterly detail referenced from recent earnings release/consensus data.)

Rumble Price Performance

The firm’s 50 day moving average price is $6.48 and its 200-day moving average price is $7.01. The stock has a market cap of $2.72 billion, a P/E ratio of -4.66 and a beta of 0.69.

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

Institutional Trading of Rumble

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada lifted its holdings in shares of Rumble by 136.7% during the first quarter. Royal Bank of Canada now owns 210,665 shares of the company’s stock valued at $1,490,000 after purchasing an additional 121,650 shares in the last quarter. AQR Capital Management LLC purchased a new position in Rumble in the 1st quarter worth about $163,000. KLP Kapitalforvaltning AS lifted its stake in Rumble by 46.2% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 15,500 shares of the company’s stock valued at $139,000 after acquiring an additional 4,900 shares during the period. CWM LLC boosted its holdings in shares of Rumble by 41.9% during the 2nd quarter. CWM LLC now owns 6,238 shares of the company’s stock valued at $56,000 after acquiring an additional 1,843 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Rumble during the 2nd quarter valued at about $279,000. Institutional investors own 26.15% of the company’s stock.

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.