Oppenheimer analyst Jason Helfstein maintained a Hold rating on Rumble (RUM – Research Report) today. The company’s shares closed yesterday at $7.15.
Helfstein covers the Communication Services sector, focusing on stocks such as Netflix, Integral Ad Science, and Alphabet Class A. According to TipRanks, Helfstein has an average return of 17.7% and a 51.56% success rate on recommended stocks.
The analyst consensus on Rumble is currently a Hold rating.
RUM market cap is currently $2.77B and has a P/E ratio of -12.40.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RUM in relation to earlier this year. Last month, Brandon Alexandroff, the CFO of RUM sold 900,000.00 shares for a total of $6,300,000.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rumble (RUM) Company Description:
Rumble operates as a video platform. It focuses on two core businesses, including Video, its social video platform, and Cloud, its Infrastructure as a Service (IaaS) venture. Rumble is a free-to-use video-sharing platform. The company also owns a subscription and in-house advertising platform.
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