RumbleON, Inc. (OTCMKTS:RMBL) Director Denmar John Dixon purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, November 14th. The stock was bought at an average cost of $5.63 per share, with a total value of $56,300.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

OTCMKTS RMBL opened at $6.39 on Monday. RumbleON, Inc. has a twelve month low of $3.53 and a twelve month high of $10.98.

RumbleON (OTCMKTS:RMBL) last released its quarterly earnings results on Friday, October 26th. The company reported ($0.46) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.23). The company had revenue of $19.26 million during the quarter, compared to the consensus estimate of $23.64 million.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EAM Investors LLC bought a new stake in RumbleON in the third quarter worth $1,170,000. BlackRock Inc. boosted its holdings in RumbleON by 1,105.0% in the third quarter. BlackRock Inc. now owns 177,976 shares of the company’s stock worth $1,865,000 after acquiring an additional 163,206 shares in the last quarter. Virtu Financial LLC bought a new stake in RumbleON in the third quarter worth $108,000. Allianz Asset Management GmbH bought a new stake in RumbleON in the third quarter worth $495,000. Finally, Hilltop Holdings Inc. bought a new stake in RumbleON in the third quarter worth $682,000.

RMBL has been the topic of a number of recent analyst reports. Zacks Investment Research lowered RumbleON from a “hold” rating to a “sell” rating in a research report on Tuesday, September 25th. Maxim Group lifted their price target on RumbleON from $8.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, October 10th. Finally, Craig Hallum began coverage on RumbleON in a research report on Friday, November 2nd. They set a “buy” rating and a $13.00 price target on the stock.

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About RumbleON

RumbleON, Inc (RumbleON), formerly Smart Server Inc, is a development-stage company. The Company focuses on creating an e-commerce platform facilitating the ability of both consumers and dealers to Buy-Sell-Trade-Finance pre-owned recreation vehicles (RV). Serving both consumers and dealers, RumbleON makes such consumers or dealers a cash offer for the purchase of their vehicle.

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Insider Buying and Selling by Quarter for RumbleON (OTCMKTS:RMBL)

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