Insider Selling: Bumble (NASDAQ:BMBL) Major Shareholder Sells $26,246,039.04 in Stock

Bumble Inc. (NASDAQ:BMBL) major shareholder Buzz Holdings L.P. Bcp sold 7,477,504 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the completion of the sale, the insider directly owned 25,832 shares of the company’s stock, valued at approximately $90,670.32. This trade represents a 99.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Bumble Stock Performance

Shares of BMBL stock opened at $3.57 on Friday. The company has a market capitalization of $402.48 million, a price-to-earnings ratio of -0.59, a P/E/G ratio of 0.12 and a beta of 1.96. Bumble Inc. has a 1-year low of $2.61 and a 1-year high of $8.64. The company has a current ratio of 2.21, a quick ratio of 3.55 and a debt-to-equity ratio of 0.86. The stock’s fifty day simple moving average is $3.29 and its 200-day simple moving average is $4.29.

Bumble News Summary

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

Analysts Set New Price Targets

BMBL has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Bumble in a report on Monday, March 16th. UBS Group restated a “neutral” rating and set a $4.00 price target on shares of Bumble in a report on Friday, March 13th. BTIG Research reaffirmed a “neutral” rating on shares of Bumble in a research report on Monday, March 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Bumble in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. raised shares of Bumble from an “underweight” rating to a “neutral” rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $4.34.

Institutional Investors Weigh In On Bumble

A number of hedge funds and other institutional investors have recently made changes to their positions in BMBL. EFG International AG acquired a new stake in shares of Bumble during the 4th quarter valued at about $25,000. Wexford Capital LP acquired a new position in Bumble in the third quarter worth approximately $31,000. Oppenheimer & Co. Inc. bought a new position in Bumble during the fourth quarter valued at approximately $36,000. StoneX Group Inc. bought a new position in Bumble during the fourth quarter valued at approximately $36,000. Finally, Focus Partners Advisor Solutions LLC acquired a new stake in Bumble in the fourth quarter valued at approximately $37,000. 94.85% of the stock is owned by hedge funds and other 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.