Paul Cappuccio Sells Shares of RUM Group Inc.
Paul Cappuccio sold 62,767 shares of RUM Group Inc. (RUM) on June 29, 2026.
Key Points
- Paul Cappuccio sold 62,767 shares of RUM Group Inc. (RUM) on June 29, 2026.
- Shares of NasdaqGM:RUM traded near $6.33 on Wednesday, with a market cap of $1.75 billion.
- State Street Corp increased its RUM holdings by 248,827 shares, totaling 3,335,756 shares worth about $17 million.
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On June 29, 2026, Paul Cappuccio sold 62,767 shares of RUM Group Inc. (NasdaqGM:RUM). This transaction did not involve a planned sale under Rule 10b5-1. RUM Group Inc. operates in the communication services sector, specializing in internet content and information.
Other Institutional Activity in RUM Group Inc.
Several institutional investors have shown interest in RUM Group Inc. recently. Cantor Fitzgerald, L. P. maintained its position with 9,326,205 shares valued at about $47.6 million. BlackRock, Inc. trimmed its holdings by 94,963 shares, now holding 7,888,137 shares worth approximately $40.2 million, marking a 1.2% decrease. Cooper Creek Partners Management LLC significantly increased its stake by 1,840,893 shares, ending with 5,242,497 shares valued at $26.7 million, a 54.1% increase. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, holding 4,020,826 and 4,017,814 shares valued at about $20.5 million each. State Street Corp boosted its holdings by 248,827 shares, bringing its total to 3,335,756 shares worth around $17 million, an 8.1% increase.
RUM Group Inc. Stock Down 29.1%
Shares of NasdaqGM:RUM traded near $6.33 on Wednesday. RUM Group Inc. has a market cap of approximately $1.75 billion. The stock's forward P/E ratio is not meaningful as the company isn't profitable, with a beta of 1.083. Over the past year, the stock has ranged from $4.62 to $10.99. It has a 50-day moving average of $7.53 and a 200-day moving average of $6.64. The company maintains a strong current ratio of 4.704 and a quick ratio of 4.477, with a debt-to-equity ratio of 0.631.
$RUM stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
RUM Group Inc. reported revenue of $102.4 million, reflecting a growth of 7.4%. However, the company posted a net margin of -106.9% and a return on equity of -37.13%. The next earnings report is expected on August 14, 2026.
Insider Buying and Selling at RUM Group Inc.
Paul Cappuccio had a busy day on June 29, 2026, selling 62,767 shares of RUM Group Inc. Additionally, Michael Masci, the Chief Financial Officer, sold 9,331 shares at an average price of $6.19 on June 30, 2026.
Analysts Set New Price Targets
Wedbush maintained a hold rating on RUM Group Inc. with a price target of $10.00 as of March 26, 2025. Maxim Group initiated coverage with a buy rating and a $20.00 price target on January 15, 2025. RUM Group Inc. has a consensus price target of $22.00 from one analyst opinion.
About RUM Group Inc.
RUM Group Inc., headquartered in Longboat Key, Florida, provides video sharing and cloud services. It offers Rumble Video, a platform for video sharing; Rumble Studio, a service for livestreaming and monetization; and Rumble Cloud, providing infrastructure services. The company also operates an advertising marketplace and a crypto wallet for tipping creators. Founded in 2013, RUM Group Inc. was previously known as Rumble Inc.
Bottom Line
Paul Cappuccio's share sale is a notable insider transaction at RUM Group Inc. Investors and analysts keep a close eye on such moves for insights into company sentiment. RUM Group Inc. continues to attract institutional interest, with significant changes in holdings reported by major funds. Remember, insider transactions are reported after the fact and may not indicate future actions.
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