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

Insider Selling Trend: Rumble Inc. CTO Wojciech Hlibowicki Dumps 275,000 Shares on April 1st, 2024

Rumble Inc (NASDAQ:RUM) is a video platform that allows content creators to host, manage, distribute, create and monetize their videos. The company operates in the competitive digital media space where content creators are looking for platforms with better monetization and less restrictive policies compared to traditional social media and video hosting services.

The Chief Technology Officer of Rumble Inc, Wojciech Hlibowicki, recently executed a sale of 275,000 shares on April 1st, 2024 according to a recent SEC filing. Over the past year, he has sold a total of 275,000 shares and has not made any purchases of the company’s stock. This transaction reflects his selling trend. In the past year, there have been no insider buys and five insider sells of Rumble Inc. On the date of his most recent transaction, shares were trading at $7.2 each which gave the company a market capitalization of $1.966 billion.

Investors can use this information as part of their investment research process to track insider behavior. However, it is important to note that insider transactions are not necessarily indicative of future stock performance. This article is generated by GuruFocus and provides general insights but is not tailored financial advice. It utilizes an impartial methodology and does not formulate a recommendation to purchase or divest any stock or consider individual investment objectives or financial circumstances.

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