On December 2, 2024, Robert Arsov, a Director at Rumble Inc (RUM, Financial), sold 29,988 shares of the company. Following this transaction, the insider now owns 12,487,349 shares of the company. The transaction details can be found in the SEC Filing.
Rumble Inc (RUM) is a video-sharing platform that provides creators with a space to host, manage, distribute, and monetize their content. The company aims to offer a neutral platform for content creators, focusing on free speech and open dialogue.
The insider transaction history for Rumble Inc indicates a trend of insider selling. Over the past year, there have been 22 insider sells and no insider buys. Specifically, Robert Arsov has sold a total of 1,000,000 shares in the past year without any purchases.
On the day of the recent sale, shares of Rumble Inc were trading at $6.9 each, giving the stock a market cap of $2.017 billion. Investors may want to consider this insider activity when evaluating the company's stock, alongside other valuation metrics such as the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
