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 fall -1.69% to $7.56. Over the last five days, the stock has gained 4.42%. Rumble Inc shares have fallen nearly -41.89% since the year began. Nevertheless, the stocks have risen 13.17% 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 04/04/25. SMA at 50 days reached $9.72, while 200 days put it at $7.66.
Levels Of Support And Resistance For RUM Stock
The 24-hour chart illustrates a support level at 6.92, which if violated will result in even more drops to 6.28. On the upside, there is a resistance level at 7.93. A further resistance level may holdings at 8.31. The Relative Strength Index (RSI) on the 14-day chart is 40.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.00%. Stochastics %K at 61.54% 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 2025-03-14, growing by 3.33 million shares to a total of 13.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.95 million shares. There was a rise of 25.07%, which implies that there is a positive sentiment for the stock.
