Acharia, BuzzFeed director, sells $48k in BZFD stock

Published 12/09/2025, 01:14
Acharia, BuzzFeed director, sells $48k in BZFD stock

Amid BuzzFeed, Inc.’s (NASDAQ: BZFD) recent stock volatility and 11% surge over the past week, Director Angela Acharia sold 25,000 shares of Class A Common Stock on September 8, 2025, for $1.9376 per share, totaling $48,440. According to InvestingPro analysis, the stock appears slightly undervalued at its current price of $2.07.

Following the transaction, Acharia directly owns 68,248 shares of BuzzFeed, Inc. In addition, Acharia may be deemed to beneficially own 563 shares held by A Series Investments, LLC, where she serves as Founder and CEO. The company maintains healthy liquidity with a current ratio of 1.23. For deeper insights into insider trading patterns and comprehensive financial analysis, access the full BuzzFeed Pro Research Report, available exclusively on InvestingPro.

In other recent news, BuzzFeed Inc. reported a 13% year-over-year increase in revenue for the second quarter of 2025, reaching $46.4 million. Despite this growth, the company recorded a net loss of $10.6 million from continuing operations. BuzzFeed emphasized the expansion of its content and commerce revenues as part of its strategic shift. Additionally, BuzzFeed and its subsidiaries amended their existing credit agreement with Sound Point Agency LLC. This amendment provides an incremental loan commitment of $5 million, which must be repaid by February 20, 2026. The agreement also includes a permitted overadvance of up to $25 million available through the same date. These developments come as BuzzFeed continues to navigate changes in its business model.

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