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


Apr 3, 2024

Wojciech Hlibowicki, the Chief Technology Officer of Rumble Inc (NASDAQ: RUM), recently sold 275,000 shares in the company on April 1, 2024, as reported in a recent SEC filing. Rumble Inc is a video platform company that offers video creators a platform to host, manage, distribute, create, and monetize their content. The company operates in a competitive digital media industry where content creators are looking for platforms that provide better monetization opportunities and have 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 in Rumble Inc and has not made any purchases of the company’s stock. This recent transaction is in line with the insider’s 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 history of the insider’s trades provide factual information for investors who monitor insider behaviors as part of their investment research process. It’s important to note that insider transactions are not always indicative of future stock performance.

This article provided by GuruFocus serves as general insights and is not personalized financial advice. The commentary is based on historical data and analyst projections, utilizing an unbiased methodology, and is not meant to serve as specific investment guidance. It does not make a recommendation to buy or sell any stocks and does not take into account individual investment objectives or financial circumstances. The aim is to provide long-term, fundamental data-driven analysis. Note that the analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in the stocks mentioned in this article.

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