RMBL stock icon

RumbleOn
RMBL

$4.29
2.14%

Market Cap: 151M

 

About: RumbleON Inc is a USA-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include power sports, automotive, and vehicle logistics. Powersports and automotive segments consist of the distribution of pre-owned vehicles. The Powersports segment that derives the majority of revenue consists of the distribution principally of motorcycles and other powersports vehicles, while the automotive segment distributes cars and trucks. The vehicle Logistics and transportation service segment offers nationwide automotive transportation services between dealerships and auctions.

Employees: 2,412

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

252% more call options, than puts

Call options by funds: $728K | Put options by funds: $207K

120% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 10

17% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 12

4% more funds holding

Funds holding: 52 [Q4 2023] → 54 (+2) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

11.98% less ownership

Funds ownership: 57.87% [Q4 2023] → 45.89% (-11.98%) [Q1 2024]

37% less capital invested

Capital invested by funds: $165M [Q4 2023] → $104M (-$61.3M) [Q1 2024]

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$7
63%
upside
Avg. target
$8.75
104%
upside
High target
$13
203%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Wedbush
Seth Basham
63%upside
$7
Outperform
Reiterated
9 May 2024
DA Davidson
Michael Baker
86%upside
$8
Buy
Maintained
15 Mar 2024
B. Riley Securities
Eric Wold
203%upside
$13
Buy
Reiterated
15 Mar 2024
Wedbush
Seth Basham
63%upside
$7
Outperform
Maintained
15 Mar 2024

Financial journalist opinion