RumbleOnRMBL
Market Cap: $130M
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 Q2 SEC filings by fund managers ($100M+ AUM)
425% more call options, than puts
Call options by funds: $352K | Put options by funds: $67K
12.28% more ownership
Funds ownership: 46.03% [Q1] → 58.31% (+12.28%) [Q2]
0% more funds holding
Funds holding: 55 [Q1] → 55 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
19% less capital invested
Capital invested by funds: $104M [Q1] → $84.2M (-$20.1M) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wedbush Seth Basham 57% 1-year accuracy 47 / 82 met price target | 36%upside $5 | Outperform Maintained | 8 Aug 2024 |