Bumble (BMBL) 10% Owner BX Buzz ML-1 GP LLC Sells $9.8M of Stock

BX Buzz ML-1 GP LLC sold 2,763,510 shares of Bumble Inc. (NasdaqGS: BMBL) on October 13, 2026, for about $9.79 million, at an average price of $3.54 per share. This is the latest in a series of planned sales by this insider, who is a 10% owner of the company.

Inside BX Buzz ML-1 GP LLC's Trade

BX Buzz ML-1 GP LLC's latest trade involved a significant sale of shares, increasing their cash position while reducing their stake in Bumble. This action follows a previous sale of 7.48 million shares at about $3.78 each, reported on June 16, 2026.

Other Institutional Activity in Bumble Inc.

Several other institutional investors have also adjusted their positions in Bumble Inc. Blackstone Inc. trimmed its holdings by 7,477,499 shares, bringing its total to 22,432,496 shares valued at about $133.1 million. Meanwhile, Blackrock Inc. increased its stake by 1,673,904 shares, resulting in 8,225,388 shares worth roughly $48.8 million. Vanguard Portfolio Management LLC added 1,570,118 shares, now holding 6,361,444 shares valued at around $37.8 million. Saba Capital Management, L.P. grew its holdings slightly, adding 220,969 shares for a total of 5,558,395 shares worth approximately $32.9 million.

Bumble Inc. Stock Up 0.2%

Bumble Inc. shares recently closed at $5.94, which is higher than its 50-day moving average of $2.87 but below its 200-day average of $3.26. The stock has fluctuated significantly, with a 52-week low of $2.54 and a high of $7.26, indicating volatility in market sentiment.

Recent Earnings

For the year, Bumble Inc. reported revenue of $893.2 million, which represents a decline from the previous year. The company is set to announce its next earnings on November 4, 2026. Given the recent financial struggles, analysts are closely watching this upcoming report.

Insider Buying and Selling at Bumble Inc.

In addition to BX Buzz ML-1 GP LLC's recent sale, the same entity had previously sold 7,477,500 shares at $3.78 each on June 16, 2026, totaling about $28.3 million. Another insider, Blackstone Holdings III GP Management, L.L.C., also sold 2,763,510 shares at $5.95 each on the same day as BX Buzz's latest trade.

Analysts Set New Price Targets

On October 14, 2026, UBS maintained a Neutral rating on Bumble Inc. with a target price of $6.05, an increase from their previous target of $3.00. RBC Capital also kept a Sector Perform rating with a price target of $4.00, down from $5.00. The consensus among analysts is a price target of $3.79, based on 10 opinions.

About Bumble Inc.

Bumble Inc. operates online dating and social networking applications, including Bumble and Badoo. The company focuses on empowering women in the dating scene and offers various subscription services and in-app purchases. Bumble's innovative approach has positioned it uniquely in the competitive market of online dating services.

Bottom Line

Investors will be watching Bumble closely as the company prepares for its earnings announcement on November 4. The insider trades reflect ongoing adjustments among shareholders, and the latest 13F filing offers a glimpse into institutional sentiment around BMBL. As always, 13F filings are backward-looking, so they may not represent current positions.