Bumble (BMBL) 10% Owner L.L.C. Sells $9.8M of Stock

Blackstone Holdings III GP Management L.L.C. sold 2,763,510 shares of Bumble Inc. (BMBL) on October 13, 2026. The sale was valued at about $9.79 million, with the shares changing hands at an average price of $3.54. This transaction is part of Blackstone's ongoing management of its holdings in the online dating and social networking company.

Inside Blackstone's Bumble Trade

This sale reduced Blackstone's stake in Bumble, where it remains a notable shareholder with over 10% ownership. The recent sale follows multiple prior trades involving shares of Bumble, including another significant sale on June 16, 2026, when 7.48 million shares were sold at $3.78 each. Blackstone's trading activities suggest a strategic approach as the company navigates market conditions.

Other Institutional Activity in Bumble

In recent filings, other notable institutional investors have also adjusted their positions in Bumble. Blackstone Inc. trimmed its holdings by 7,477,499 shares, now holding 22,432,496 shares valued at around $133.14 million. Meanwhile, Blackrock Inc. increased its stake by 1,673,904 shares to 8,225,388 shares worth approximately $48.82 million. Vanguard Portfolio Management LLC grew its holdings by 1,570,118 shares, totaling 6,361,444 shares valued at about $37.76 million. Saba Capital Management added 220,969 shares, raising its total to 5,558,395 shares worth roughly $32.99 million.

Bumble Inc. Stock Up 0.2%

As of Friday, Bumble Inc. shares are trading around $5.94, placing them close to their 52-week low of $2.54. The stock previously closed at $2.79, suggesting a significant jump in value with this latest transaction. The forward P/E ratio stands at 3.03, indicating the market's expectations of future profitability, despite recent challenges such as a revenue decline of 15.2% over the past year.

Recent Earnings

Bumble reported revenue of $893.24 million, but the company saw a revenue decline of 15.2% year-on-year. The firm has a net margin of -57.96% and a return on equity (ROE) of -76.92%. Its next earnings report is scheduled for November 4, 2026, which could provide more insight into its financial health and operational strategies moving forward.

Analysts Set New Price Targets

On October 14, 2026, UBS maintained a Neutral rating on Bumble with a price target of $6.05, up from a previous target of $3.00. RBC Capital also kept its Sector Perform rating while lowering its target to $4.00 from $5.00. Analyst sentiment appears cautious but acknowledges potential upside, reflecting a consensus target mean price of $3.79 among 10 analysts.

About Bumble Inc.

Bumble Inc. offers online dating and social networking applications, primarily through its flagship app, Bumble, which centers around female empowerment in dating. The company also operates Badoo, a widely-used dating platform, and Bumble BFF, which focuses on friendship and community building. Its recent trading activities highlight investor responses to its evolving market position.

Bottom Line

Investors should keep an eye on Bumble's upcoming earnings report on November 4, 2026, as it may influence market perceptions and stock performance. Additionally, the substantial insider sales from Blackstone could reflect broader market strategies. Remember that the 13F filing from Blackstone reflects its holdings as of the report date and may not represent its current position.