RumbleOnRMBL
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
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
4 analyst ratings
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 |