Buzz Holdings L.P. Bcp Sells 7,477,504 Shares of Bumble (NASDAQ:BMBL) Stock

Bumble Inc. (NASDAQ:BMBL) major shareholder Buzz Holdings L.P. Bcp sold 7,477,504 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the sale, the insider directly owned 25,832 shares of the company’s stock, valued at approximately $90,670.32. This represents a 99.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Bumble Stock Performance

NASDAQ:BMBL opened at $3.57 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.55 and a current ratio of 2.21. The stock has a 50-day simple moving average of $3.29 and a two-hundred day simple moving average of $4.30. The firm has a market capitalization of $402.48 million, a PE ratio of -0.59, a P/E/G ratio of 0.13 and a beta of 1.96. Bumble Inc. has a 52-week low of $2.61 and a 52-week high of $8.64.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BMBL shares. Zacks Research upgraded shares of Bumble from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 10th. JPMorgan Chase & Co. upgraded Bumble from an “underweight” rating to a “neutral” rating in a research report on Thursday, March 12th. TD Cowen reiterated a “hold” rating and issued a $5.00 target price on shares of Bumble in a research report on Thursday, March 12th. UBS Group restated a “neutral” rating and set a $4.00 target price on shares of Bumble in a research report on Friday, March 13th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $5.00 price target on shares of Bumble in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $4.34.

Bumble News Roundup

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 Investors Weigh In On Bumble

A number of institutional investors and hedge funds have recently modified their holdings of BMBL. EFG International AG purchased a new position in shares of Bumble during the 4th quarter valued at about $25,000. Wexford Capital LP acquired a new stake in Bumble in the 3rd quarter valued at $31,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Bumble in the fourth quarter valued at about $36,000. StoneX Group Inc. purchased a new stake in Bumble during the 4th quarter worth approximately $36,000. Finally, Focus Partners Advisor Solutions LLC purchased a new stake in shares of Bumble during the fourth quarter worth approximately $37,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

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.