Bumble: Blackstone Inc. sells $104.4 million in BMBL stock

Insider Trading

Published 08/15/2025, 06:59 PM

Blackstone Inc. and related entities sold 16,663,274 shares of Bumble Inc. BMBL at a price of $6.26 on August 13, 2025. The total value of the sale was $104.4 million. The dating app company, currently valued at $949 million, trades below its InvestingPro Fair Value, suggesting potential upside opportunity. According to InvestingPro analysis, the stock exhibits high volatility, with additional insights available in the Pro Research Report covering 1,400+ top stocks. The sales were executed by several entities related to Blackstone, including BX Buzz ML-1 GP LLC, BX Buzz ML-2 GP LLC, BX Buzz ML-3 GP LLC, BX Buzz ML-4 GP LLC, BX Buzz ML-5 GP LLC, BX Buzz ML-6 GP LLC, and BX Buzz ML-7 GP LLC. On the same day, these entities also converted Common Units of Buzz Holdings L.P. into 7,394,159 shares of Bumble Inc.’s Class A Common Stock. In other recent news, Bumble Inc. reported its second‑quarter earnings for 2025, revealing a significant miss in earnings per share (EPS) compared to forecasts. The company posted an EPS of -$2.45, diverging sharply from the anticipated $0.34, marking an EPS surprise of -822.5%. However, revenue slightly exceeded expectations, reaching $248 million compared to the forecasted $244.17 million. Raymond James reiterated its Market Perform rating on Bumble following these results, noting that third‑quarter guidance aligns with expectations. Wolfe Research maintained its Peerperform rating, highlighting potential upside from in‑app purchase fee savings not included in current guidance. Susquehanna raised its price target for Bumble to $7.00, citing progress in cost‑saving measures, including a $40 million reduction from a recent workforce cut. These developments reflect ongoing strategic efforts within the company. _This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Bumble: Blackstone Inc. sells $104.4 million in BMBL stock

Blackstone Inc. and its affiliated entities sold 16,663,274 shares of Bumble Inc. at $6.26 each on August 13, 2025, generating $104.4 million. The sale occurred alongside Bumble’s Q2 2025 earnings miss but modest revenue beat, prompting analysts to maintain or adjust ratings and targets.