– Nq L.L.C. Btoa Sells 7,477,504 Shares of Bumble (NASDAQ:BMBL) Stock

Bumble Inc. (NASDAQ:BMBL) major shareholder – Nq L.L.C. Btoa sold 7,477,504 shares of the 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 completion of the transaction, the insider directly owned 25,832 shares of the company’s stock, valued at approximately $90,670.32. The trade was a 99.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Bumble Stock Performance

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

Hedge Funds Weigh In On Bumble

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

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Zacks Research upgraded Bumble from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 10th. Citigroup increased their target price on Bumble from $3.80 to $3.90 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Morgan Stanley lifted their price target on Bumble from $3.50 to $4.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. Wells Fargo & Company reduced their price target on Bumble from $5.50 to $5.00 and set an “equal weight” rating on the stock in a report on Thursday, March 12th. Finally, TD Cowen reaffirmed a “hold” rating and issued a $5.00 price objective on shares of Bumble in a research note on Thursday, March 12th. 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 stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $4.34.

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.