Key Points
- Tether Global Investments Fund bought 538,955 Rumble shares on Feb. 5 at an average price of $5.41 (about $2.92M), bringing its direct stake to 105,129,660 shares; it also purchased 193,702 shares on Feb. 3 and 44,355 shares on Feb. 6, signaling continued insider demand.
- Despite the insider buying, Rumble's recent results are weak — it missed Q3 revenue and EPS estimates and reports a negative net margin (-275.47%) and negative ROE (-78.52%) — and analysts' consensus rating is "Reduce" with a $8 target.
- Market context: RUM traded around $5.78 (up ~8% that day), with a 12‑month range of $5.11–$13.82 and a market cap of about $2.51 billion, while institutional investors own roughly 26.15% of the stock.
Rumble Inc. (NASDAQ:RUM - Get Free Report) major shareholder Tether Global Investments Fund purchased 44,355 shares of the company's stock in a transaction dated Friday, February 6th. The stock was purchased at an average cost of $5.48 per share, with a total value of $243,065.40. Following the purchase, the insider owned 105,174,015 shares in the company, valued at approximately $576,353,602.20. This trade represents a 0.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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 acquired 538,955 shares of Rumble stock. The stock was acquired at an average price of $5.41 per share, for a total transaction of $2,915,746.55.
- On Tuesday, February 3rd, Tether Global Investments Fund bought 193,702 shares of Rumble stock. The shares were acquired at an average cost of $5.49 per share, with a total value of $1,063,423.98.
Rumble Stock Up 8.0%
NASDAQ:RUM opened at $5.78 on Friday. Rumble Inc. has a 52 week low of $5.11 and a 52 week high of $13.82. The stock's fifty day moving average is $6.49 and its two-hundred day moving average is $7.07. The company has a market capitalization of $2.51 billion, a P/E ratio of -4.31 and a beta of 0.69.
Rumble (NASDAQ:RUM - Get Free Report) last released its quarterly 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). The business had revenue of $24.76 million for the quarter, compared to analysts' expectations of $26.86 million. Rumble had a negative return on equity of 78.52% and a negative net margin of 275.47%.The company's revenue was down 1.2% on a year-over-year basis. Sell-side analysts anticipate that Rumble Inc. will post -0.62 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Rumble in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Reduce" and an average target price of $8.00.
Check Out Our Latest Stock Report on Rumble
Hedge Funds Weigh In On Rumble
Several institutional investors have recently bought and sold shares of RUM. Meeder Asset Management Inc. acquired a new stake in shares of Rumble during the third quarter worth about $28,000. Mather Group LLC. acquired a new position in shares of Rumble during the third quarter worth $43,000. CWM LLC boosted its position in shares of Rumble by 41.9% during the 2nd quarter. CWM LLC now owns 6,238 shares of the company's stock worth $56,000 after acquiring an additional 1,843 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in Rumble in the second quarter valued at approximately $72,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Rumble in the 2nd quarter valued at $75,000. 26.15% of the stock is owned by institutional investors and hedge funds.
Rumble News Summary
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
Rumble Company Profile
(
Get Free Report)
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.
See Also
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