HighPoint Advisor Group LLC Sells 100,050 Shares of Rumble Inc. $RUM

HighPoint Advisor Group LLC cut its stake in Rumble Inc. (NASDAQ:RUM) by 88.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,029 shares of the company’s stock after selling 100,050 shares during the period. HighPoint Advisor Group LLC’s holdings in Rumble were worth $82,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new stake in Rumble in the second quarter valued at approximately $75,000. Russell Investments Group Ltd. bought a new stake in Rumble in the third quarter valued at approximately $72,000. Wedbush Securities Inc. bought a new position in shares of Rumble during the 3rd quarter worth approximately $76,000. PFG Investments LLC bought a new position in shares of Rumble during the 3rd quarter worth approximately $76,000. Finally, Prudential Financial Inc. bought a new position in shares of Rumble during the 2nd quarter worth approximately $99,000. 26.15% of the stock is currently owned by institutional investors.

Rumble Stock Performance

Rumble stock opened at $7.20 on Friday. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of -16.74 and a beta of 1.02. Rumble Inc. has a 52-week low of $4.62 and a 52-week high of $10.99. The stock’s 50 day moving average price is $6.00 and its two-hundred day moving average price is $6.19.

Rumble (NASDAQ:RUM) last issued its earnings results on Thursday, March 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.02). Rumble had a negative return on equity of 40.78% and a negative net margin of 106.91%.The firm had revenue of $27.07 million for the quarter, compared to analyst estimates of $27.09 million. During the same period in the previous year, the company earned ($1.15) earnings per share. Rumble’s revenue for the quarter was down 10.3% compared to the same quarter last year. On average, equities research analysts forecast that Rumble Inc. will post -0.32 EPS for the current year.

Rumble News Roundup

Here are the key news stories impacting Rumble this week:

• Positive Sentiment: Rumble said its Northern Data acquisition remains on track, with key regulatory milestones achieved, supporting its push into GPU infrastructure, AI compute, and cloud services. Rumble Reports First Quarter 2026 Results
• Positive Sentiment: The company posted record Q1 revenue of $25.5 million, up about 7% year over year, and reported stronger sequential MAU growth driven by Rumble Shorts and international expansion. Rumble Reports First Quarter 2026 Results
• Positive Sentiment: Enhanced named Rumble its premier partner and official distribution channel for the Enhanced Games, adding new content distribution opportunities for the platform. Rumble (RUM) Shares Tumble 8% Following Disappointing Q1 Earnings Report
• Neutral Sentiment: Analysts and commentary noted that Rumble’s valuation has compressed sharply, while higher revenue estimates tied to the Northern Data deal are improving the long-term growth outlook. Rumble: Skepticism Is Now The Opportunity (Rating Upgrade)
• Negative Sentiment: Rumble reported a Q1 loss of $0.12 per share, wider than the expected loss of $0.09 and worse than last year’s result. Rumble Reports First Quarter 2026 Results
• Negative Sentiment: Revenue of $25.46 million also missed Wall Street’s estimate of $25.98 million, reinforcing concerns that the core video business is still struggling to scale profitably. Rumble Reports First Quarter 2026 Results

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on RUM shares. Weiss Ratings upgraded Rumble from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, April 27th. Wall Street Zen upgraded Rumble from a “strong sell” rating to a “hold” rating in a report on Saturday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Rumble Company Profile

Rumble Inc operates a video-sharing platform designed to offer creators and audiences an alternative to traditional social media and streaming services. The company’s primary business activities include hosting, distributing and monetizing user–generated and professional video content. Through its platform, Rumble enables content creators to retain a higher share of advertising revenue and maintain greater control over their intellectual property, while offering viewers open access to a wide range of videos spanning news, sports, entertainment and educational programming.

In addition to its core video platform, Rumble provides cloud–based video hosting and delivery services via Rumble Cloud, a content–delivery network (CDN) designed to support high–volume streaming and storage.