Bx Buzz Ml-1 Holdco L.P. Sells Shares of Bumble Inc.

On June 16, 2026, Bx Buzz Ml-1 Holdco L.P. sold 7,477,500 shares of Bumble Inc. (NasdaqGS: BMBL). The shares were sold at an average price of $3.78, totaling approximately $28.3 million. This insider transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Bumble Inc.

Bx Buzz Ml-1 Holdco L.P. wasn't the only insider to sell shares recently. On the same day, BCP Buzz Holdings L.P. and BX Buzz ML-1 GP LLC each sold 7,477,500 shares at the same price. Earlier, on June 10, 2026, Bumble's CEO, Whitney Wolfe Herd, sold 46,751 shares at $2.71 per share. Additionally, Ann Mather and Sissie Hsiao also sold shares on June 9, 2026, at an average price of $2.79, under planned sales.

Other Institutional Activity in Bumble Inc.

BLACKSTONE INC. reduced its stake in Bumble by 7,477,501 shares, leaving it with 29,909,999 shares valued at around $97.5 million. On the other hand, BLACKROCK, INC. increased its holdings by 388,714 shares, bringing its total to 6,551,474 shares worth about $21.4 million. SABA CAPITAL MANAGEMENT, L.P. maintained its position with 5,337,549 shares valued at approximately $17.4 million. Meanwhile, VANGUARD PORTFOLIO MANAGEMENT LLC acquired 4,791,259 shares, matching its ending share count, valued at $15.6 million.

Bumble Inc. Stock Snapshot

Shares of Bumble Inc. (NasdaqGS: BMBL) traded near $2.96. The company's market cap stands at approximately $386.1 million. Bumble has a forward P/E ratio of 2.95 and a beta of 1.877, indicating higher volatility compared to the market. The stock's 52-week range is between $2.61 and $8.64, with a 50-day moving average of $3.49 and a 200-day moving average of $4.06. Bumble's financial health shows a current ratio of 1.216 and a quick ratio of 1.088, alongside a debt-to-equity ratio of 81.234.

Recent Earnings

Bumble reported revenue of $930.9 million, though it experienced a revenue decline of 14.1%. The company is not currently profitable, with a net margin of -71.0% and a return on equity of -82.6%. The next earnings release is scheduled for August 5, 2026.

Analysts Set New Price Targets

Analysts have maintained their positions on Bumble. On May 26, 2026, Citigroup maintained a hold rating with a price target of $3.6. UBS also maintained a hold rating with a $4.5 target on May 6, 2026. The consensus among 12 analysts is to hold, with a mean target price of $4.34.

About Bumble Inc.

Bumble Inc. operates in the communication services sector, specifically within internet content and information. Founded in 2020 and headquartered in Austin, Texas, the company provides online dating and social networking applications globally. Its flagship app, Bumble, focuses on women-first connections, while Badoo offers a free-to-use dating service. Bumble BFF caters to friendship and community building. The company is led by CEO Whitney Wolfe Herd and employs around 580 people.

Bottom Line

The insider sale by Bx Buzz Ml-1 Holdco L.P. represents a significant movement of shares in Bumble Inc., highlighting the ongoing changes in ownership dynamics. Investors keep a close eye on such transactions as they can provide insights into insider sentiment. However, it's important to remember that these filings are backward-looking and may not reflect the current position of the insiders.