Ryan Milnes Sells Shares of RUM

Ryan Milnes sold 14,964 shares of RUM, valued at $112,829, on June 12, 2026.

Written by EarningsIQ · Published Jun 16, 2026, 9:01 AM EDT · Updated Jun 16, 2026, 2:01 PM EDT

Key Points

Ryan Milnes sold 14,964 shares of RUM on June 12, 2026, for $112,829.
RUM shares traded near $7.75, with significant institutional activity from major funds.
Analysts from Wedbush and Maxim Group have maintained or initiated ratings for RUM.

Ryan Milnes sold 14,964 shares of RUM on June 12, 2026, at an average price of $7.54 per share, totaling about $112,829. This transaction was not part of a pre-planned trading program.

Other Institutional Activity in RUM

Several major funds have shown interest in RUM. Cantor Fitzgerald, L.P. held steady with 9,326,205 shares valued at about $47.6 million. BlackRock, Inc. trimmed its position by 94,963 shares, ending with 7,888,137 shares worth roughly $40.2 million. Cooper Creek Partners Management LLC significantly boosted its holdings by 1,840,893 shares to total 5,242,497 shares, valued at $26.7 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated new positions, each acquiring over 4 million shares. State Street Corp increased its stake by 248,827 shares, holding 3,335,756 shares valued at $17 million.

RUM Stock Snapshot

Shares of RUM traded near $7.75. The stock has seen varied activity among institutional investors, reflecting diverse strategies and confidence levels.

Insider Buying and Selling at RUM

Aside from Ryan Milnes, other insiders were active on June 12, 2026. Jerry Naumoff sold 6,819 shares at $7.54 per share. Meanwhile, insiders like Katie Biber and Paul Cappuccio were involved in buying activities, acquiring shares at no cost as part of internal transactions.

Analysts Set New Price Targets

Analysts have been active in setting new targets for 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 price target. D.A. Davidson has consistently reiterated a 'buy' rating with varying targets, the latest being $10 in September 2023.

Bottom Line

Ryan Milnes' recent sale of RUM shares highlights ongoing insider activity within the company. The stock remains a point of interest for institutional investors, with mixed actions reflecting differing market strategies. Analysts continue to monitor RUM, providing varied price targets and ratings, which can influence investor sentiment. As always, 13F filings and insider transactions are backward-looking and may not represent current positions.