Director Robert Arsov Sells 70,000 Shares of Rumble Inc (RUM)

Robert Arsov, a director at Rumble Inc (RUM, Financial), has sold 70,000 shares of the company on April 5, 2024, according to a recent SEC Filing. This transaction has been part of a series of sales by the insider over the past year, totaling 150,000 shares sold.

Rumble Inc is a video platform company that provides video creators a way to host, manage, distribute, create, and monetize their content. It operates as a neutral video platform that champions free speech and creates a space for all voices to be heard.

The insider transaction history for Rumble Inc shows a pattern of insider sales with no insider buys over the past year. There have been 7 insider sells and 0 insider buys during this period.

On the date of the insider's most recent transaction, shares of Rumble Inc were trading at $6.59, giving the company a market capitalization of approximately $1.83 billion.

1777456714086510592.png

The insider's recent sale is part of a broader trend observed within the company's insiders, potentially indicating their perspective on the stock's valuation and future performance.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.