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

Bx Buzz ML-1 Holdco L.P. sold 2,763,510 shares of Bumble Inc. (NasdaqGS: BMBL) on October 13, 2026, for approximately $9.79 million. This transaction follows a previous sale of 7.48 million shares on June 16, 2026. The firm now holds about 7.48 million shares in total, reflecting a continuing reduction in its investment in the company.

Inside Bx Buzz ML-1 Holdco L.P.'s Trade

The recent sale involved an average price of $3.54 per share. As a 10% owner, Bx Buzz ML-1 Holdco L.P. has been actively managing its investment in Bumble, which operates various online dating platforms. This sale comes as Bumble's stock has seen fluctuations, trading at $5.94 on the publication date, well under its 52-week high of $7.26.

Other Institutional Activity in Bumble Inc.

In addition to Bx Buzz ML-1 Holdco L.P., several other funds have made moves regarding Bumble. Blackstone Inc. reduced its holdings by 7,477,499 shares, now holding 22,432,496 shares worth about $133.1 million. Meanwhile, Blackrock Inc. added 1,673,904 shares, bringing its total to 8,225,388 shares valued at approximately $48.8 million. Vanguard Portfolio Management LLC also increased its position by 1,570,118 shares, totaling 6,361,444 shares worth about $37.8 million. Saba Capital Management, L.P. slightly increased its holdings by 220,969 shares, now holding 5,558,395 shares valued at around $32.9 million.

Bumble Inc. Stock Up 0.2%

Bumble's shares are currently trading at $5.94, which is close to its 50-day moving average of $2.87 and above its 52-week low of $2.54. This positioning suggests that the stock is currently performing better compared to earlier lows but remains below recent highs. The company's market cap stands at approximately $376.1 million.

Recent Earnings

Bumble Inc. reported revenue of $893.2 million but faced a decline, with a revenue growth rate of -15.2%. The company is scheduled to report its next earnings on November 4, 2026. The current net margin is approximately -57.96%, indicating challenges in profitability, and the company has a return on equity (ROE) of -76.92%.

Insider Buying and Selling at Bumble Inc.

In addition to the recent trade, Bx Buzz ML-1 Holdco L.P. previously sold 7,477,500 shares on June 16, 2026, at an average price of $3.78 per share, totaling about $28.3 million. On the same day, another entity, Blackstone Holdings III GP Management, L.L.C., sold 2,763,510 shares at an average price of $5.95 each.

Analysts Set New Price Targets

Recently, UBS maintained a Neutral rating for Bumble Inc., updating its price target to $6.05 on October 14, 2026. This follows a previous target of $3.00 set on August 12, 2026. Analysts overall have set a mean price target of $3.79, with 10 opinions providing a range of targets between $3.00 and $5.00.

About Bumble Inc.

Bumble Inc. operates dating and social networking applications, including Bumble and Badoo. It focuses on creating empowering experiences, especially for women, in online dating. The company's recent activities, including insider sales, reflect ongoing adjustments in investment strategies as it navigates a challenging market.

Bottom Line

Investors should keep an eye on Bumble's upcoming earnings report on November 4, 2026, as well as any further filings from insiders. The recent Form 4 filings reflect prior transactions and may not capture current positions. As Bumble continues to adjust its strategies, the market will watch closely for signs of recovery and growth.