Insider Selling: Bumble (NASDAQ:BMBL) Major Shareholder Sells $28,264,950.00 in Stock

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Jun 19, 2026 at 05:52 AM

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Blackstone Holdings Gp Man III, a major shareholder of Bumble (NASDAQ:BMBL), sold 7,477,500 shares on June 16 at an average price of $3.78, totaling approximately $28.26 million. This transaction reduced their stake by 99.74%, leaving only 19,374 shares. The sale was disclosed via SEC filing. At the time, Bumble's stock traded near $2.96, with analysts maintaining a consensus 'Reduce' rating and a price target of $4.33.

Key Points

Bumble major shareholder Blackstone Holdings Gp Man III sold 7,477,500 shares on June 16 at an average price of $3.78, totaling about $28.26 million. The sale reduced its stake by 99.74%, leaving only 19,374 shares.
Bumble’s stock was trading near $2.96 at the time of the report, close to its 1-year low of $2.61 and well below its 1-year high of $8.64. The company has a market cap of about $384 million and a negative trailing P/E.
The company recently reported better-than-expected quarterly earnings, with EPS of $0.34 versus estimates of $0.25, though revenue still fell 14.1% year over year. Analysts currently have a consensus rating of “Reduce” with a price target of $4.33.

Bumble Inc. (NASDAQ:BMBL - Get Free Report) major shareholder Holdings Gp Man Blackstone III sold 7,477,500 shares of the company's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total transaction of $28,264,950.00. Following the transaction, the insider owned 19,374 shares of the company's stock, valued at $73,233.72. This trade represents a 99.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.

Bumble Stock Performance

Bumble's Valuation Hits an All-Time Low, Can Its Fortunes Change?

NASDAQ:BMBL opened at $2.96 on Friday. The stock's 50-day moving average is $3.45 and its 200-day moving average is $3.41. 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 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.58. The stock has a market cap of $384.27 million, a P/E ratio of -0.51, a price-to-earnings-growth ratio of 0.10 and a beta of 1.89.

Bumble (NASDAQ:BMBL - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.09. The business had revenue of $212.38 million during the quarter, compared to the consensus estimate of $211.59 million. Bumble had a positive return on equity of 32.66% and a negative net margin of 72.04%.Bumble's quarterly revenue was down 14.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.13 earnings per share. Equities research analysts anticipate that Bumble Inc. will post 0.99 earnings per share for the current year.

Institutional Inflows and Outflows

Bumble Stumbles Back Below $20...Should Investors Make a Move?

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on BMBL shares. TD Cowen reaffirmed a "hold" rating and set a $5.00 price objective on shares of Bumble in a research report on Thursday, March 12th. William Blair reiterated an "outperform" rating on shares of Bumble in a research report on Monday, March 16th. Morgan Stanley increased their target price on shares of Bumble from $3.50 to $4.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 12th. Weiss Ratings cut shares of Bumble from a "sell (d-)" rating to a "sell (e+)" rating in a report on Thursday, May 7th. 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, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus price target of $4.33.

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Get Our Latest Stock Analysis on BMBL

About Bumble

(Get Free Report)

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.

Key Points

Bumble Stock Performance

Institutional Inflows and Outflows

Analyst Upgrades and Downgrades

About Bumble

Further Reading