Rumble Inc. CTO Sells 275,000 Shares, Continuing Year-Long Selling Trend

Chief Technology Officer Wojciech Hlibowicki offloads 275,000 shares of Rumble Inc (RUM)

Rumble Inc, a video platform company that offers content creators a platform to host, manage, distribute, create and monetize their content, recently reported that its Chief Technology Officer Wojciech Hlibowicki sold 275,000 shares in the company on April 1, 2024. This transaction is in line with the insider’s selling trend over the past year, where he has sold a total of 275,000 shares without making any purchases of the company’s stock.

According to Rumble Inc’s SEC filing history, there have been five insider sells and no insider buys over the past year. The insider transaction history for Rumble Inc shows that this is not an unusual occurrence for Hlibowicki as he has sold shares of the company before. On the date of his most recent transaction, shares of Rumble Inc were trading at $7.2 each, giving the company a market capitalization of $1.966 billion.

Investors can use this information to monitor insider behaviors as part of their investment research process. However, it’s important to note that insider transactions are not always indicative of future stock performance. This article provides general insights based on historical data and analyst projections using an unbiased methodology and does not provide specific investment guidance or recommendations to buy or sell any stocks. It takes into account individual investment objectives and financial circumstances while providing long-term data-driven analysis that may not include recent price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in the stocks mentioned in this article.

Leave a Reply