Rumble Inc (NASDAQ: RUM) is -31.82% lower on its value in year-to-date trading and has touched a low of $4.92 and a high of $17.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RUM stock was last observed hovering at around $8.85 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $8.87, the stock is -5.77% and 6.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 0.23% at the moment leaves the stock 8.45% off its SMA200. RUM registered 45.41% gain for a year compared to 6-month gain of 28.92%. The firm has a 50-day simple moving average (SMA 50) of $8.3456 and a 200-day simple moving average (SMA200) of $8.17905.
The stock witnessed a 16.40% loss in the last 1 month and extending the period to 3 months gives it a 4.60%, and is -2.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.55% over the week and 5.14% over the month.
Rumble Inc (RUM) has around 135 employees, a market worth around $3.85B and $101.46M in sales. Profit margin for the company is -293.43%. Distance from 52-week low is 80.28% and -49.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-87.54%).
The EPS is expected to grow by 89.76% this year
226.0 institutions hold shares in Rumble Inc (RUM), with institutional investors hold 42.32% of the company’s shares. The shares outstanding are 214.82M, and float is at 134.51M with Short Float at 11.67%. Institutions hold 17.56% of the Float.
The top institutional shareholder in the company is AUSTIN PRIVATE WEALTH, LLC with over 34.0 million shares valued at $$19.0. The investor’s holdings represent 16.6592 of the RUM Shares outstanding. As of 2024-06-30, the second largest holder is CANTOR FITZGERALD, L. P. with 9.33 million shares valued at $$44.01 million to account for 4.5696 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.72 million shares representing 3.7826 and valued at over $$42.85 million, while BLACKROCK INC. holds 0.7774 of the shares totaling 1.59 million with a market value of $$8.81 million.
Rumble Inc (RUM) Insider Activity
The most recent transaction is an insider sale by Pavlovski Christopher, the company’s Chief Executive Officer. SEC filings show that Pavlovski Christopher sold 9,636,434 shares of the company’s common stock on Feb 07 ’25 at a price of $7.50 per share for a total of $72.27 million. Following the sale, the insider now owns 0.0 shares.
Rumble Inc disclosed in a document filed with the SEC on Feb 07 ’25 that Pavlovski Christopher (Chief Executive Officer) sold a total of 354,849 shares of the company’s common stock. The trade occurred on Feb 07 ’25 and was made at $7.50 per share for $2.66 million. Following the transaction, the insider now directly holds 0.52 million shares of the RUM stock.
Still, SEC filings show that on Feb 07 ’25, Milnes Ryan (Director) disposed off 24,978,210 shares at an average price of $7.50 for $187.34 million. The insider now directly holds 0 shares of Rumble Inc (RUM).
