Bx Buzz Ml-1 Holdco L.P. Sells Shares of BMBL
Bx Buzz Ml-1 Holdco L.P. sold 7,477,500 shares of BMBL, valued at $28.3 million.
Key Points
- Bx Buzz Ml-1 Holdco L.P. sold 7,477,500 shares of BMBL on June 16, 2026, at a price of $3.78 each.
- Shares of BMBL traded near $2.96, with analysts maintaining hold ratings and price targets ranging from $3.3 to $5.0.
- Other funds like Blackstone Inc. and BlackRock, Inc. adjusted their BMBL holdings, with Blackstone reducing its stake by 7,477,501 shares.
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On June 16, 2026, Bx Buzz Ml-1 Holdco L.P. sold 7,477,500 shares of BMBL at a price of $3.78 per share, totaling about $28.3 million. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Bumble Inc.
Several insiders reported transactions in BMBL. On June 16, 2026, Bx Buzz Ml-1 Holdco L.P. and BCP Buzz Holdings L.P. each sold 7,477,500 shares at $3.78 per share. Earlier, on June 10, 2026, Whitney Wolfe Herd, CEO, sold 46,751 shares at $2.71 each. On June 9, 2026, Ann Mather and Sissie Hsiao each sold 22,013 shares at $2.79 per share under planned sales.
Other Institutional Activity in BMBL
Blackstone Inc. reduced its stake in BMBL by 7,477,501 shares, ending with 29,909,999 shares valued at approximately $97.5 million. 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. and Accel Growth Fund V Associates L.L.C. held their positions steady. Meanwhile, AQR Capital Management LLC significantly boosted its stake by 2,728,950 shares, now holding 4,345,646 shares valued at $14.2 million.
Bumble Inc. Stock Up 8.4%
Shares of BMBL traded near $2.96. Analysts have been maintaining a cautious outlook with hold ratings. The stock has seen varying price targets, with Citigroup setting a target of $3.6 on May 26, 2026, and UBS aiming for $4.5 earlier in May. The market remains watchful as the stock navigates its performance in the current environment.
$BMBL stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
In recent analyst activity, Citigroup maintained a hold rating for BMBL with a price target of $3.6 on May 26, 2026. UBS also maintained a hold rating with a target of $4.5 on May 6, 2026. Other firms like TD Cowen, RBC Capital, and Wells Fargo reiterated their hold ratings with targets around $5.0, while B of A Securities maintained a sell rating with a target of $3.3.
Bottom Line
The recent insider transactions at BMBL, including significant sales by Bx Buzz Ml-1 Holdco L.P., highlight ongoing activity in the company's stock. Investors often track such movements for insights, though these backward-looking reports may not reflect current positions. Analyst ratings suggest a cautious outlook, with price targets reflecting varied expectations about the company's future performance.
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