Investors Buy High Volume of Rumble Call Options (NASDAQ:RUM)

Rumble Inc. (NASDAQ:RUM) saw some unusual options trading activity on Monday. Investors bought 15,602 call options on the stock. This is an increase of 174% compared to the average volume of 5,704 call options.

Insider Transactions at Rumble

In other news, major shareholder Holdings S.A. De C.V. Tether bought 270,478 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was acquired at an average cost of $5.46 per share, with a total value of $1,476,809.88. Following the completion of the acquisition, the insider owned 104,397,003 shares of the company’s stock, valued at approximately $570,007,636.38. This represents a 0.26% 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 bought 44,355 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was purchased at an average price of $5.48 per share, for a total transaction of $243,065.40. Following the purchase, the insider owned 105,174,015 shares of the company’s stock, valued at approximately $576,353,602.20. This represents a 0.04% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 1,840,682 shares of company stock valued at $9,991,142. 70.10% of the stock is owned by company insiders.

Institutional Trading of Rumble

Institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its stake in Rumble by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 2,821,230 shares of the company’s stock worth $17,834,000 after buying an additional 78,303 shares in the last quarter. Handelsbanken Fonder AB boosted its stake in shares of Rumble by 50.5% in the fourth quarter. Handelsbanken Fonder AB now owns 28,600 shares of the company’s stock worth $181,000 after acquiring an additional 9,600 shares during the period. Pictet Asset Management Holding SA purchased a new stake in shares of Rumble during the fourth quarter worth about $75,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Rumble by 27.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,930 shares of the company’s stock valued at $360,000 after purchasing an additional 12,221 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Rumble by 137.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,119 shares of the company’s stock worth $645,000 after purchasing an additional 51,636 shares during the period. 26.15% of the stock is currently owned by institutional investors.

Rumble Stock Performance

NASDAQ RUM opened at $6.25 on Tuesday. The company has a market capitalization of $2.72 billion, a PE ratio of -4.66 and a beta of 0.69. The business’s fifty day moving average is $6.48 and its 200 day moving average is $7.01. Rumble has a fifty-two week low of $5.11 and a fifty-two week high of $13.43.

Rumble (NASDAQ:RUM) last posted 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). The company had revenue of $24.76 million during the quarter, compared to the consensus estimate of $26.86 million. Rumble had a negative return on equity of 78.52% and a negative net margin of 275.47%.The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, sell-side analysts forecast that Rumble will post -0.62 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Key Stories Impacting Rumble

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.)

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.