Rumble Inc’s filing revealed that its Chief Executive Officer Pavlovski Christopher unloaded Company’s shares for reported $72.27 million on Feb 07 ’25. In the deal valued at $7.50 per share,9,636,434 shares were sold. As a result of this transaction, Pavlovski Christopher now holds 0 shares worth roughly $ 0.0.
Then, Pavlovski Christopher sold 354,849 shares, generating $2,661,368 in total proceeds. Upon selling the shares at $7.50, the Chief Executive Officer now owns 522,927 shares.
Before that, Milnes Ryan sold 24,978,210 shares. Rumble Inc shares valued at $187,336,575 were divested by the Director at a price of $7.50 per share. As a result of the transaction, Milnes Ryan now holds 0 shares, worth roughly $0.0.
Maxim Group initiated its Rumble Inc [RUM] rating to a Buy in a research note published on January 15, 2025; the price target was $20. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in mid July with a ‘”a Neutral”‘ rating. Oppenheimer began covering RUM with “Perform” recommendation on December 02, 2022.
Price Performance Review of RUM
On Friday, Rumble Inc [NASDAQ:RUM] saw its stock jump 1.95% to $11.52. Over the last five days, the stock has lost -9.65%. Rumble Inc shares have fallen nearly -11.45% since the year began. Nevertheless, the stocks have risen 66.96% over the past one year. While a 52-week high of $17.40 was reached on 01/07/25, a 52-week low of $4.92 was recorded on 01/14/25. SMA at 50 days reached $11.22, while 200 days put it at $7.34.
Levels Of Support And Resistance For RUM Stock
The 24-hour chart illustrates a support level at 11.33, which if violated will result in even more drops to 11.15. On the upside, there is a resistance level at 11.83. A further resistance level may holdings at 12.15. The Relative Strength Index (RSI) on the 14-day chart is 47.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.70%. Stochastics %K at 20.43% indicates the stock is a holding.
How much short interest is there in Rumble Inc?
A steep rise in short interest was recorded in Rumble Inc stocks on 2025-01-31, growing by 58534.0 shares to a total of 11.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 10.99 million shares. There was a rise of 0.53%, which implies that there is a positive sentiment for the stock.
