CTAs keep buying Treasuries, gold longs face stop-loss risk: BofA
On August 13, 2025, Blackstone entities sold 9,211,995 shares of Bumble Inc. (NASDAQ:BMBL) Class A Common Stock at a price of $6.26, totaling approximately $104.4 million. According to InvestingPro data, this transaction occurred with the stock trading near its current price of $6.29, significantly below its Fair Value, suggesting potential undervaluation.
The selling entities include Blackstone Holdings III GP Management L.L.C., BTO Holdings Manager - NQ L.L.C., Blackstone Tactical Opportunities Associates - NQ L.L.C., BXG Buzz Holdings L.P., BXG Holdings Manager L.L.C., Blackstone Growth Associates L.P., BXGA L.L.C., BSOF Buzz Aggregator L.L.C., Blackstone Strategic Opportunity Associates L.L.C., and Blackstone Buzz Holdings L.P., all of which are considered ten percent owners of Bumble Inc. The company, currently valued at approximately $949 million, operates with a moderate debt level and maintains strong liquidity, with its current ratio at 3.3x. Get deeper insights into Bumble’s financial health with InvestingPro, which offers exclusive analysis and 8 additional key ProTips.
On the same day, these entities also converted 7,395,159 Common Units of Buzz Holdings L.P. into Class A Common Stock.
In other recent news, Bumble Inc. reported its second-quarter earnings for 2025, revealing a significant miss in earnings per share (EPS) compared to forecasts. The company reported an EPS of -$2.45, which was much lower than the expected $0.34, marking an EPS surprise of -822.5%. However, revenue slightly exceeded expectations, coming in at $248 million against the forecasted $244.17 million. In terms of analyst ratings, Susquehanna raised its price target for Bumble to $7.00, up from $5.00, citing the company’s progress on cost-cutting measures, including $40 million in workforce reductions. Wolfe Research maintained its Peerperform rating, noting potential upside from in-app purchase fee savings not currently reflected in Bumble’s guidance. Raymond James reiterated its Market Perform rating, following the company’s second-quarter results, which were slightly ahead of earlier preannouncements. These developments highlight Bumble’s ongoing efforts to manage costs and adjust its financial strategies.
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