Tudor Investment Corp ET AL Takes $6.01 Million Position in Bumble Inc. $BMBL

Key Points

• Tudor Investment Corp ET AL opened a new position in Bumble of 987,339 shares worth about $6.01 million, equal to roughly 0.88% of the company.
• Several institutions (Vanguard, Maple Rock, Barclays, Bank of America) added or initiated large stakes, while insiders sold heavily — about 29.91 million shares (~$105 million) were sold in the last quarter, substantially trimming major insider positions.
• Analysts are broadly cautious: Bumble trades around $3.48 with a market cap near $452 million, and the consensus rating is "Reduce" with an average price target of $4.34.

Tudor Investment Corp ET AL purchased a new stake in shares of Bumble Inc. (NASDAQ:BMBL - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 987,339 shares of the company's stock, valued at approximately $6,013,000. Tudor Investment Corp ET AL owned 0.88% of Bumble as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Maple Rock Capital Partners Inc. acquired a new stake in Bumble in the second quarter worth about $30,127,000. Vanguard Group Inc. lifted its holdings in Bumble by 52.0% in the third quarter. Vanguard Group Inc. now owns 11,164,004 shares of the company's stock worth $67,989,000 after purchasing an additional 3,820,205 shares during the period. Cubist Systematic Strategies LLC lifted its holdings in Bumble by 3,714.4% in the second quarter. Cubist Systematic Strategies LLC now owns 923,093 shares of the company's stock worth $6,083,000 after purchasing an additional 898,893 shares during the period. Barclays PLC lifted its holdings in Bumble by 137.7% in the third quarter. Barclays PLC now owns 1,380,934 shares of the company's stock worth $8,410,000 after purchasing an additional 799,947 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Bumble by 36.2% in the third quarter. Bank of America Corp DE now owns 2,528,128 shares of the company's stock worth $15,396,000 after purchasing an additional 671,907 shares during the period. Institutional investors and hedge funds own 94.85% of the company's stock.

Bumble Price Performance

NASDAQ BMBL opened at $3.48 on Wednesday. The stock's 50-day moving average price is $3.23 and its two-hundred day moving average price is $3.98. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.86. The company has a market cap of $451.77 million, a PE ratio of -0.58, a PEG ratio of 0.12 and a beta of 1.86. Bumble Inc. has a 1 year low of $2.61 and a 1 year high of $8.64.

Analysts Set New Price Targets

BMBL has been the subject of several research analyst reports. BTIG Research reaffirmed a "neutral" rating on shares of Bumble in a report on Monday, March 16th. UBS Group reiterated a "neutral" rating and issued a $4.00 price target on shares of Bumble in a research report on Friday, March 13th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Bumble in a research report on Monday, March 16th. Jefferies Financial Group dropped their price target on shares of Bumble from $5.00 to $4.00 and set a "hold" rating on the stock in a research report on Thursday, December 11th. Finally, TD Cowen reiterated a "hold" rating and issued a $5.00 price target on shares of Bumble in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, Bumble currently has a consensus rating of "Reduce" and a consensus price target of $4.34.

Insider Buying and Selling

In other Bumble news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the sale, the insider owned 25,832 shares in the company, valued at approximately $90,670.32. The trade was a 99.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Holdings Gp Man Blackstone III sold 7,477,504 shares of the business's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the sale, the insider owned 25,832 shares in the company, valued at approximately $90,670.32. The trade was a 99.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,910,016 shares of company stock worth $104,984,156 in the last quarter. 15.84% of the stock is currently owned by corporate insiders.

Bumble Profile

Bumble Inc operates a technology platform designed to facilitate social and professional connections through its suite of apps, most notably the flagship Bumble dating app. The company's core premise is to empower users—particularly women—to make the first move, helping to reshape traditional dating dynamics. In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”

Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.

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