Philip Evershed Purchases RUM Shares

Philip Evershed acquired 45,041 shares of RUM on June 12, 2026.

Written by EarningsIQ · Published Jun 16, 2026, 9:01 AM EDT · Updated Jun 16, 2026, 3:00 PM EDT

Key Points

Philip Evershed bought 45,041 shares of RUM on June 12, 2026, with shares trading at $7.75.
RUM's stock is currently trading near $7.75, with institutional peers like BlackRock and Vanguard making notable moves.
Analysts from firms such as Wedbush and Maxim Group have set price targets ranging from $8 to $20 for RUM.

Philip Evershed recently acquired 45,041 shares of RUM on June 12, 2026. This insider purchase comes as RUM shares trade around $7.75.

Other Institutional Activity in RUM

Cantor Fitzgerald has maintained its position in RUM with 9,326,205 shares valued at approximately $47.56 million. BlackRock, Inc. reduced its holdings by 94,963 shares, now holding 7,888,137 shares worth about $40.23 million. Cooper Creek Partners Management LLC significantly increased its stake by 1,840,893 shares, bringing its total to 5,242,497 shares valued at $26.74 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, holding 4,020,826 shares and 4,017,814 shares, respectively, with values over $20 million each. State Street Corp also increased its stake by 248,827 shares, now holding 3,335,756 shares worth about $17.01 million.

RUM Stock Snapshot

Shares of RUM are trading near $7.75. The stock has seen activity from various institutional investors, indicating interest in its performance and potential.

Insider Buying and Selling at RUM

On June 12, 2026, several insiders made moves within RUM. Ryan Milnes purchased 33,519 shares, while Jerry Naumoff sold 6,819 shares at $7.54 each. Katie Biber also acquired 33,519 shares, and Paul Cappuccio bought 44,518 shares. These transactions were not part of pre-planned trading agreements.

Analysts Set New Price Targets

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 price target. The consensus among analysts suggests varied expectations, with a recommendation leaning towards a "hold" and a mean price target reflecting diverse outlooks.

Bottom Line

Philip Evershed's recent purchase of RUM shares highlights ongoing insider interest in the company. The activity among institutional investors and analysts' varied price targets indicate a mixed but attentive market sentiment. As always, it's important to remember that insider transactions and institutional holdings provide a backward-looking snapshot of interest in the company.