Chief Technology Officer Wojciech Hlibowicki Sells 275,000 Shares of Rumble Inc (RUM)
Wojciech Hlibowicki, Chief Technology Officer of Rumble Inc (NASDAQ:RUM), executed a sale of 275,000 shares in the company on April 1, 2024, according to a recent SEC filing.
Rumble Inc is a video platform company that provides video creators a way to host, manage, distribute, create, and monetize their content. The company operates in a competitive digital media space where content creators seek platforms that offer better monetization and less restrictive policies compared to traditional social media and video hosting services.
Over the past year, the insider has sold a total of 275,000 shares and has not made any purchases of the company's stock. The recent transaction reflects a continuation of this selling trend.
The insider transaction history for Rumble Inc shows a pattern of insider sales, with 0 insider buys and 5 insider sells over the past year.
On the date of the insider's most recent transaction, shares of Rumble Inc were trading at $7.2 each, giving the company a market capitalization of $1.966 billion.
The transaction details and the insider's history of trades provide factual information for investors who track insider behaviors as part of their investment research process. It is important to note that insider transactions are not necessarily indicative of future stock 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.
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