Blackstone-related entities executed a block of sales in Bumble Inc. Class A common stock on March 17, 2026, disposing of a total of 7,311,014 shares for about $26.2 million. Each share in the package changed hands at $3.51, a price that was slightly below the stock's trading level of $3.74 at the time of reporting.
The shares were sold by a cluster of BX Buzz ML holdcos affiliated with Blackstone. The allocation of the sales across the entities was as follows:
- BX Buzz ML-1 Holdco L.P. - 181,344 shares
- BX Buzz ML-2 Holdco L.P. - 2,495,189 shares
- BX Buzz ML-3 Holdco L.P. - 405,073 shares
- BX Buzz ML-4 Holdco L.P. - 1,080,903 shares
- BX Buzz ML-5 Holdco L.P. - 3,278,961 shares
- BX Buzz ML-6 Holdco L.P. - 29,575 shares
- BX Buzz ML-7 Holdco L.P. - 6,459 shares
Following these dispositions, Blackstone entities still hold a material position in Bumble, though the filing shows they reduced their aggregate stake through this transaction. The sale coincides with a sharp move lower in Bumble's share price - the stock has fallen 47% over the previous six months.
Financial performance context in the period leading up to the sale provides additional detail on the company backdrop. Bumble reported fourth-quarter fiscal 2025 revenue of $224 million, surpassing the Wall Street consensus of $221 million despite a 14% year-over-year decline. Adjusted EBITDA for the same quarter came in at $72 million, outpacing estimates of $64 million.
Looking ahead, Bumble provided first-quarter fiscal 2026 EBITDA guidance with a midpoint of $78 million and an implied margin of 36.4 percent. Those figures sit well above consensus estimates, which had called for $58 million in EBITDA and a 27.5 percent margin.
Analyst reactions to Bumble's results and outlook are mixed. Deutsche Bank maintained a Hold rating and a $4.00 price target. UBS trimmed its price target from $5.00 to $4.00, citing concerns about user monetization. Evercore ISI reiterated an In Line rating with a $5.00 target, noting that the company beat Wall Street expectations by 1 percent in revenue and by 12 percent in EBITDA. BofA Securities lowered its price target to $3.30 from $3.50, pointing to the revenue decline as a concern. BTIG kept a Neutral rating while highlighting improved profit expectations despite steady revenue forecasts.
Some market intelligence providers note that, despite the six-month share-price decline, Bumble may be trading below levels that reflect certain fundamentals. One analysis referenced in filings and commentaries suggested the company could be undervalued at current prices. For investors seeking additional premium research on the stock, products mentioned in company filings and analyst commentary offer extra proprietary tips and reports covering Bumble and a broad set of U.S. equities.
Separately, marketing and research services that evaluate institutional issuers and asset managers also highlight Blackstone's ongoing involvement in the name, while noting these March 17, 2026 sales did not eliminate the firm's holding.
Summary of the transaction:
- Transaction date: March 17, 2026
- Total shares sold: 7,311,014 Class A shares of Bumble Inc.
- Aggregate proceeds: Approximately $26.2 million
- Uniform sale price: $3.51 per share
- Share price context: Trading at $3.74 at the time of the report, and down 47% over six months
This sale provides a clear illustration of a large institutional holder trimming exposure while retaining a meaningful stake. Market participants watching both shareholder activity and the companys underlying operating metrics may view the move as one data point among many as they assess valuation and near-term earnings durability.