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

Recently, Wojciech Hlibowicki, the Chief Technology Officer of Rumble Inc (NASDAQ:RUM), sold 275,000 shares in the company on April 1, 2024. This transaction reflects a continuation of his selling trend over the past year. According to recent SEC filings, Mr. Hlibowicki has sold a total of 275,000 shares and has not made any purchases of the company’s stock.

Rumble Inc is a video platform company that provides content creators with 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, Mr. Hlibowicki has sold a total of 275,000 shares and has not made any purchases of the company’s stock. This insider transaction history for Rumble Inc shows a pattern of insider sales with zero insider buys and five insider sells over the past year. On the date of Mr. 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 can use this information to make informed decisions about their investments. However, it is important to note that insider transactions are not necessarily indicative of future stock performance and should be used as just one tool in conducting investment analysis.

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 using an impartial methodology and is not intended to serve as specific investment guidance or formulate recommendations to purchase or divest any stock while considering individual investment objectives or financial circumstances

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