• Mon. Apr 22nd, 2024

Rumble Inc. Executive Sells Shares: Insider Selling Trend Continues in Technology Company

BySamantha Nguyen

Apr 3, 2024
Chief Technology Officer Wojciech Hlibowicki offloads 275,000 shares of Rumble Inc (RUM)

Rumble Inc, a video platform company that offers content creators the ability to host, manage, distribute, create and monetize their content, has recently seen one of its top executives selling shares in the company. Wojciech Hlibowicki, the Chief Technology Officer of Rumble Inc (NASDAQ:RUM), sold 275,000 shares on April 1, 2024 according to a recent SEC filing.

This transaction marks a continuation of a selling trend by the insider over the past year. Over this period, Hlibowicki has sold a total of 275,000 shares while making no purchases of the company’s stock. The insider’s transaction history for Rumble Inc shows that there have been five insider sells and no insider buys over the past year. On the date of Hlibowicki’s most recent transaction, shares of Rumble Inc were trading at $7.2 each, giving the company a market capitalization of $1.966 billion.

Investors who track insider behavior as part of their investment research process will find this information useful in making informed decisions about their investments. However, it is important to note that insider transactions are not necessarily indicative of future stock performance. As such, investors should conduct their own research and analysis before making any investment decisions.

This article is generated by GuruFocus and aims to provide general insights into investing trends and is not tailored financial advice. Our commentary is based on historical data and analyst projections using an impartial methodology and is not intended to serve as specific investment guidance or recommendations to buy or sell any stock based on individual investment objectives or financial circumstances. Instead our objective is to deliver long-term fundamental data-driven analysis that may not incorporate recent price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein

By Samantha Nguyen

As a content writer at newsskio.com, I weave words to craft compelling narratives that captivate readers and bring stories to life. With a keen eye for detail and a passion for storytelling, I strive to create engaging and informative content that resonates with our audience. Whether I'm delving into the latest news trends or exploring unique angles on various topics, my goal is to deliver quality content that informs, entertains, and inspires. Join me on this journey as we uncover the news stories that matter most.

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