Key Points
- Buzz Holdings L.P. Bcp sold 7,477,504 shares of Bumble on March 17 at an average price of $3.51 for about $26.25 million, leaving it with 25,832 shares — a 99.66% decrease in its ownership.
- Bumble's market picture: shares opened at $3.74 with a market cap of roughly $421.7 million, a negative trailing P/E, and a 12‑month range of $2.61–$8.64, signaling valuation pressure.
- Analyst and institutional positioning: the MarketBeat consensus is "Reduce" (average target $4.34) with most analysts at Hold, while institutional investors own about 94.85% of the stock and several large funds recently changed stakes.
Bumble Inc. (NASDAQ:BMBL - Get Free Report) 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 value of $26,246,039.04. Following the sale, the insider directly owned 25,832 shares in the company, valued at approximately $90,670.32. This represents a 99.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through 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
Bumble stock opened at $3.74 on Friday. The company has a market cap of $421.65 million, a PE ratio of -0.62, a P/E/G ratio of 0.13 and a beta of 1.96. The company has a fifty day moving average price of $3.28 and a two-hundred day moving average price of $4.32. 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 12 month low of $2.61 and a 12 month high of $8.64.
Analyst Upgrades and Downgrades
BMBL has been the subject of several research reports. Wells Fargo & Company decreased their price target on shares of Bumble from $5.50 to $5.00 and set an "equal weight" rating for the company in a report on Thursday, March 12th. Citigroup raised their target price on shares of Bumble from $3.80 to $3.90 and gave the stock a "neutral" rating in a report on Thursday, March 12th. Royal Bank Of Canada restated a "sector perform" rating and issued a $5.00 target price on shares of Bumble in a research note on Thursday, March 12th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Bumble in a research report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Bumble in a research report on Monday. One investment analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $4.34.
View Our Latest Analysis on BMBL
Institutional Investors Weigh In On Bumble
A number of hedge funds have recently made changes to their positions in BMBL. Maple Rock Capital Partners Inc. bought a new position in Bumble in the 2nd quarter worth approximately $30,127,000. Vanguard Group Inc. grew its stake 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 purchasing an additional 3,820,205 shares in the last quarter. Saba Capital Management L.P. increased its holdings in shares of Bumble by 52.6% during the fourth quarter. Saba Capital Management L.P. now owns 5,337,549 shares of the company's stock valued at $19,055,000 after purchasing an additional 1,838,923 shares during the period. Tudor Investment Corp ET AL acquired a new stake in Bumble in the third quarter worth about $6,013,000. Finally, Jacobs Levy Equity Management Inc. bought a new position in Bumble in the 4th quarter valued at about $3,516,000. Institutional investors own 94.85% of the company's stock.
Bumble Company Profile
(
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.
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