Rumble Inc (RUM) gets rating Initiated from Maxim Group

Rumble Inc’s recent filing unveils 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 -1.70% to $8.65. Over the last five days, the stock has lost -6.08%. Rumble Inc shares have fallen nearly -33.51% since the year began. Nevertheless, the stocks have risen 52.02% 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.

Levels Of Support And Resistance For RUM Stock

The 24-hour chart illustrates a support level at 8.33, which if violated will result in even more drops to 8.01. On the upside, there is a resistance level at 8.94. A further resistance level may holdings at 9.22.

How much short interest is there in Rumble Inc?

A steep rise in short interest was recorded in Rumble Inc stocks on 2025-05-30, dropping by -1.45 million shares to a total of 14.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 15.67 million shares. There was a decline of -10.19%, which implies that there is a negative sentiment for the stock.

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