Rumble Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGM:RUM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
07 Feb 25	SellUS$55,033,373	Robert Arsov	Individual	7,337,783	US$7.50
07 Feb 25	SellUS$74,934,623	Christopher Pavlovski	Individual	9,991,283	US$7.50
02 Dec 24	SellUS$206,942	Robert Arsov	Individual	29,988	US$6.91
06 Nov 24	SellUS$178,025	Robert Arsov	Individual	30,000	US$6.42
05 Nov 24	SellUS$493,525	Robert Arsov	Individual	85,000	US$6.01
04 Oct 24	SellUS$146,025	Robert Arsov	Individual	27,500	US$5.31
03 Oct 24	SellUS$427,900	Robert Arsov	Individual	82,500	US$5.24
06 Sep 24	SellUS$143,825	Robert Arsov	Individual	27,500	US$5.23
05 Sep 24	SellUS$459,800	Robert Arsov	Individual	82,500	US$5.59
06 Aug 24	SellUS$159,500	Robert Arsov	Individual	27,500	US$5.80
05 Aug 24	SellUS$525,275	Robert Arsov	Individual	87,500	US$6.12
05 Jul 24	SellUS$153,725	Robert Arsov	Individual	27,500	US$5.59
03 Jul 24	SellUS$465,850	Robert Arsov	Individual	82,500	US$5.76
06 Jun 24	SellUS$364,325	Robert Arsov	Individual	60,000	US$6.08
04 Jun 24	SellUS$363,000	Robert Arsov	Individual	60,000	US$6.11

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of RUM?
Owner Type	Number of Shares	Ownership Percentage
Institutions	36,271,975	10.7%
General Public	76,923,765	22.7%
Private Companies	103,433,143	30.6%
Individual Insiders	121,878,687	36%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.1%.

Top Shareholders

Top 25 shareholders own 76.08% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
30.5%	Tether Holdings, S.A. de C.V,	103,333,333	US$785.3m	0%	no data
28.2%	Christopher Pavlovski	95,431,123	US$725.3m	-9.15%	no data
6.82%	Ryan Milnes	23,097,894	US$175.5m	-52%	no data
2.83%	The Vanguard Group, Inc.	9,585,466	US$72.8m	20.2%	no data
2.76%	Cantor Fitzgerald Asset Management	9,326,205	US$70.9m	0%	1.26%
0.68%	BlackRock, Inc.	2,308,215	US$17.5m	28.7%	no data
0.45%	Wojciech Hlibowicki	1,533,901	US$11.7m	-66.8%	no data
0.45%	UBS Asset Management AG	1,516,910	US$11.5m	1,650%	no data
0.4%	D. E. Shaw & Co., L.P.	1,351,803	US$10.3m	9,230%	0.01%
0.31%	Geode Capital Management, LLC	1,041,044	US$7.9m	0.51%	no data
0.31%	State Street Global Advisors, Inc.	1,037,850	US$7.9m	23.9%	no data
0.3%	Brandon Alexandroff	1,016,386	US$7.7m	-66.7%	no data
0.29%	Group One Trading LP, Asset Management Arm	982,894	US$7.5m	1,050%	0.31%
0.23%	Millennium Management LLC	781,747	US$5.9m	288%	0.01%
0.22%	Citadel Advisors LLC	749,505	US$5.7m	41,700%	0.01%
0.21%	Claudio Ramolo	719,478	US$5.5m	-66.9%	no data
0.19%	Columbia Management Investment Advisers, LLC	638,316	US$4.9m	2.75%	no data
0.15%	Goldman Sachs Group, Investment Banking and Securities Investments	508,191	US$3.9m	0%	no data
0.15%	Charles Schwab Investment Management, Inc.	492,793	US$3.7m	0%	no data
0.12%	Susquehanna International Group, LLP, Asset Management Arm	417,835	US$3.2m	12.3%	no data
0.12%	Morgan Stanley, Investment Banking and Brokerage Investments	410,524	US$3.1m	-34%	no data
0.11%	Craft Ventures, LLC	382,578	US$2.9m	0%	16.6%
0.093%	Two Sigma Investments, LP	314,589	US$2.4m	0%	0.01%
0.09%	Balyasny Asset Management L.P.	304,871	US$2.3m	0%	0.01%
0.075%	Centiva Capital, LP	253,972	US$1.9m	0%	0.08%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/08 09:39
End of Day Share Price	2025/05/08 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rumble Inc. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Thomas Forte	D.A. Davidson & Co.
Thomas Forte	Maxim Group
Jason Helfstein	Oppenheimer & Co. Inc.