Paul Cappuccio Buys 44,518 Shares of RUM
On June 12, 2026, Paul Cappuccio bought 44,518 shares of RUM.
Key Points
- Paul Cappuccio purchased 44,518 shares of RUM on June 12, 2026, as part of insider transactions.
- RUM shares are trading at $7.75 with multiple insider transactions occurring on the same date.
- Institutional investors like Cantor Fitzgerald and BlackRock also hold significant positions in RUM.
On June 12, 2026, Paul Cappuccio acquired 44,518 shares of RUM. This insider transaction wasn't part of a pre-planned trading program. RUM, which trades at $7.75, has seen several insider activities around this date.
Insider Buying and Selling at RUM
Several insiders were active on June 12, 2026. Paul Cappuccio purchased 44,518 shares. Ryan Milnes also bought 33,519 shares, while Jerry Naumoff sold 6,819 shares at $7.54 each. Katie Biber acquired 33,519 shares. These transactions were not under any pre-arranged plans.
Other Institutional Activity in RUM
Institutional investors have also been active with RUM. Cantor Fitzgerald, L.P. maintained its position with 9,326,205 shares valued at approximately $47.6 million. BlackRock, Inc. reduced its stake by 94,963 shares, leaving it with 7,888,137 shares worth about $40.2 million. Cooper Creek Partners Management LLC significantly increased its holdings by 1,840,893 shares, totaling 5,242,497 shares valued at $26.7 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both added over 4 million shares, each holding shares valued at over $20 million. State Street Corp increased its stake by 248,827 shares to 3,335,756 shares, valued at $17 million.
Analysts Set New Price Targets
Analysts have varied views on RUM. On March 26, 2025, Wedbush maintained a 'hold' rating with a $10 price target. Earlier, on January 15, 2025, Maxim Group initiated coverage with a 'buy' rating and a $20 target. In 2024, Wedbush also initiated a 'hold' rating with an $8 target. D.A. Davidson has reiterated a 'buy' rating multiple times, with targets ranging from $6 to $15 in the past few years.
Bottom Line
Insider activity at RUM, including Paul Cappuccio's purchase, indicates ongoing interest in the company. The varied institutional and analyst actions reflect diverse views on the stock's potential. Investors often monitor such insider and institutional moves for insights, though these filings are historical and may not represent current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.