Blackstone-controlled investment vehicles identified as 10% owners of Bumble Inc (NASDAQ:BMBL) reported the sale of 7,469,004 shares of Class A common stock on March 17, 2026. The shares were sold at $3.51 apiece, producing aggregate proceeds of $26,246,039.
The transaction was executed to an unaffiliated financial institution and was priced based on the volume weighted average price of Bumble’s Class A common stock over that institution’s hedging period. The transfer was carried out pursuant to a post-paid forward transaction, according to the filing.
At the time of reporting, Bumble’s share price sits at $3.74, modestly above the sale price. Nonetheless, the stock has slid roughly 47% over the last six months.
Who sold
- BCP Buzz Holdings L.P.
- BCP VII Holdings Manager - NQ L.L.C.
- Blackstone Management Associates VII NQ L.L.C.
- BMA VII NQ L.L.C.
- BTO Buzz Holdings II L.P.
- BTO Holdings Manager L.L.C.
- Blackstone Tactical Opportunities Associates L.L.C.
- BTOA L.L.C.
- Blackstone Holdings III L.P.
- Blackstone Holdings III GP L.P.
Context around the transaction
The sale was structured using a post-paid forward mechanism in which the price to the unaffiliated financial institution was determined by the volume weighted average price during the institution’s hedging period. The filing does not provide further detail on the hedging window or subsequent hedging activity. Separately, InvestingPro analysis flagged the stock as appearing undervalued at current levels and noted the platform is tracking 10+ additional ProTips for BMBL investors managing the company’s volatile trading patterns.
Recent financial performance and analyst reaction
Bumble reported fourth-quarter fiscal 2025 revenue of $224 million, topping Wall Street estimates of $221 million. The company’s adjusted EBITDA came in at $72 million versus expectations of $64 million.
Analyst responses have been mixed. Deutsche Bank noted that Bumble’s results outperformed consensus expectations on both revenue and EBITDA, and the company issued strong guidance for the first quarter. By contrast, BofA Securities highlighted a 14% year-over-year revenue decline despite revenue surpassing the high end of guidance.
UBS lowered its price target for Bumble to $4.00 from $5.00, citing concerns around user monetization, while maintaining a Neutral rating. Evercore ISI reiterated an In Line rating with a $5.00 price target, pointing out the quarter beat Wall Street expectations by 1% on revenue and 12% on EBITDA. BTIG kept a Neutral rating, observing improved profit expectations with revenue forecasts left unchanged.
Takeaway
The Blackstone-affiliated block sale adds to market attention on Bumble as the company navigates mixed analyst sentiment following a quarter that beat on headline revenue and EBITDA but showed year-over-year revenue weakness and prompted questions about monetization. The combination of substantial insider-related sales and varied analyst positioning underscores ongoing uncertainty among investors and market participants.