Rumble Inc. Surges in Insider Buying: Tether Fund Accumulates 732K Shares Amid Negative Earnings and 53% Decline【News Flash】

Insider Buying Frenzy at Rumble

Rumble Inc. has entered a period of aggressive insider buying, with the Tether Global Investments Fund, S.I.C.A.F., S.A. purchasing roughly 193,700 shares on February 3, 2026, followed by a larger 538,955‑share acquisition two days later. These purchases bring the fund’s holdings to over 105 million shares, a substantial increase in a single‑day window. The transactions were executed at prices around $5.49–$5.41, slightly below the market close of $5.35, suggesting that insiders are taking advantage of modest intraday dips.

What the Buying Momentum Signals

Insider activity is often a barometer of confidence, and the recent spike from Tether could be interpreted as a bullish endorsement of Rumble’s short‑term prospects. The fund’s significant voting stake—more than 50% via its subsidiary—means that these purchases may also reflect a strategic alignment with Rumble’s long‑term growth initiatives, such as the newly launched web‑based Shorts platform. However, the company’s negative earnings (P/E –5.7) and a year‑to‑date decline of nearly 53% warn that the market remains cautious about whether these operational moves will translate into profitability.

Impact on Investors and the Stock’s Future

For investors, the insider buying provides a mixed signal. On one hand, large shareholders are committing capital, which can counterbalance bearish sentiment and support the share price in volatile environments. On the other hand, the broader market has reacted with a modest 0.08% price change and only a 2.26% buzz increase, indicating that the news has not yet galvanized a strong investor response. Analysts will likely watch whether the insider purchases are followed by sustained trading volume and whether Rumble’s earnings reports show a turnaround. If the platform launch drives higher creator and advertiser engagement, the stock could recover its 52‑week high of $13.43; if not, the share price may continue its downward trajectory.

Company‑Wide Insider Activity Context

In contrast to the recent Tether purchases, the only other disclosed insider transaction in the past year is a modest sale by Naumoff Jerry on November 26, 2025, of 3,723 shares at $6.76. This outflow, while small relative to the new purchases, underscores that insiders are not uniformly bullish. The pattern suggests a nuanced view: while some executives are selling, others are buying, possibly reflecting differing expectations about Rumble’s strategic direction.

Conclusion

The Tether Global Investments Fund’s rapid accumulation of Class A shares signals a confidence that may help buoy Rumble’s stock amid its negative earnings and steep decline. Yet the market’s muted reaction and the company’s ongoing profitability challenges mean that investors should monitor both insider behavior and operational milestones—particularly the performance of the new web Shorts platform—before drawing conclusions about the stock’s long‑term trajectory.