Bx Buzz Ml-1 Gp Llc Sells 7,477,504 Shares of Bumble (NASDAQ:BMBL) Stock

Bumble Inc. (NASDAQ:BMBL) major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total value of $26,246,039.04. Following the transaction, the insider directly owned 25,832 shares in the company, valued at $90,670.32. The trade was a 99.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Bumble Stock Performance

Shares of BMBL opened at $3.57 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.21 and a quick ratio of 3.55. Bumble Inc. has a one year low of $2.61 and a one year high of $8.64. The firm has a market capitalization of $402.48 million, a P/E ratio of -0.59, a PEG ratio of 0.13 and a beta of 1.96. The business has a fifty day moving average of $3.29 and a 200 day moving average of $4.30.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BMBL. Wells Fargo & Company cut their price target on Bumble from $5.50 to $5.00 and set an “equal weight” rating for the company in a report on Thursday, March 12th. Jefferies Financial Group decreased their price objective on Bumble from $5.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 11th. Zacks Research raised Bumble from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 10th. Citigroup boosted their price objective on Bumble from $3.80 to $3.90 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Bumble in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Bumble currently has an average rating of “Reduce” and an average target price of $4.34.

Key Stories Impacting Bumble

Here are the key news stories impacting Bumble this week:

• Positive Sentiment: Seeking Alpha makes a bullish case that Bumble’s repurchase of a Tax Receivable Agreement unlocked $400M+ of future tax savings, boosting free cash flow and implying a very high FCF yield that could support upside from a valuation perspective. Article Title
• Neutral Sentiment: Reported short-interest data for March looks inconsistent (shows 0 shares / NaN change), suggesting the available short-interest reporting is unreliable right now and not a clear driver in either direction.
• Negative Sentiment: Multiple affiliated major holders (Buzz Holdings L.P. Bcp / Blackstone-related entities) disclosed selling 7,477,504 shares on March 17 at about $3.51 — a ~99.66% reduction in those positions. Large insider/affiliate sales at current prices increase near-term supply and are a clear negative signal for sentiment and liquidity. Article Title
• Negative Sentiment: Coverage and analyst tone remain cautious: recent write-ups flag user and growth challenges, and consensus analyst positioning on MarketBeat shows more Holds/Sells than Buys (consensus “Reduce”), with several price-target cuts/neutral ratings — pressure on sentiment and price targets. Article Title

Institutional Trading of Bumble

Institutional investors and hedge funds have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Bumble during the second quarter valued at about $504,000. Caxton Associates LLP purchased a new stake in shares of Bumble in the second quarter worth about $2,468,000. Vanguard Group Inc. lifted its position in shares of Bumble by 52.0% in the third quarter. Vanguard Group Inc. now owns 11,164,004 shares of the company’s stock worth $67,989,000 after buying an additional 3,820,205 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in Bumble during the third quarter valued at approximately $3,104,000. Finally, Jupiter Asset Management Ltd. bought a new position in Bumble during the third quarter valued at approximately $3,570,000. 94.85% of the stock is currently owned by institutional investors.

About Bumble

Bumble Inc operates a technology platform designed to facilitate social and professional connections through its suite of apps, most notably the flagship Bumble dating app. The company’s core premise is to empower users—particularly women—to make the first move, helping to reshape traditional dating dynamics. In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”

Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.