Bumble Inc: BX Buzz ML Holdco LPs sell $104.5 million in BMBL stock

New York, August 15, 2025 -- According to a Form 4 filing with the Securities and Exchange Commission, BX Buzz ML Holdco LPs, all of which are ten percent owners of Bumble Inc (NASDAQ:BMBL), sold a total of 16,563,084 shares of Class A Common Stock on August 13, 2025. The sales were executed at a price of $6.26 per share, for a total value of $104,478,673. The transaction comes as Bumble, currently valued at approximately $950 million, trades below its InvestingPro Fair Value, suggesting potential upside for investors despite recent insider selling.

The selling entities include BX Buzz ML-1 Holdco L.P., BX Buzz ML-2 Holdco L.P., BX Buzz ML-3 Holdco L.P., BX Buzz ML-4 Holdco L.P., BX Buzz ML-5 Holdco L.P., BX Buzz ML-6 Holdco L.P., and BX Buzz ML-7 Holdco L.P.

On the same day, the entities also acquired shares through the conversion of Common Units of Buzz Holdings L.P. into Class A Common Stock. BX Buzz ML-5 Holdco L.P. acquired 7,314,734 shares, BX Buzz ML-6 Holdco L.P. acquired 66,010 shares, and BX Buzz ML-7 Holdco L.P. acquired 14,415 shares. The price for these conversions was $0.

Following these transactions, BX Buzz ML-1 Holdco L.P. holds 906,717 shares, BX Buzz ML-2 Holdco L.P. holds 12,475,943 shares, BX Buzz ML-3 Holdco L.P. holds 2,025,363 shares, BX Buzz ML-4 Holdco L.P. holds 5,404,511 shares, BX Buzz ML-5 Holdco L.P. holds 8,851 shares, BX Buzz ML-6 Holdco L.P. holds 0 shares, and BX Buzz ML-7 Holdco L.P. holds 0 shares.

Robert Brooks, as Authorized Signatory, signed the Form 4 on behalf of each of the BX Buzz ML Holdco LPs. The report was filed with the SEC on August 15, 2025.

In other recent news, Bumble Inc. reported its second-quarter earnings for 2025, revealing a notable discrepancy between earnings per share (EPS) and forecasts. The company posted an EPS of -$2.45, significantly below the expected $0.34, marking an EPS surprise of -822.5%. However, revenue slightly exceeded expectations, reaching $248 million compared to the forecasted $244.17 million. Despite this earnings miss, Bumble’s stock price remained stable in after-hours trading. Susquehanna has raised its price target for Bumble to $7.00 from $5.00, maintaining a Neutral rating, citing progress on cost-cutting measures. These initiatives include approximately $40 million in reductions from a recent workforce downsizing, contributing to a broader $100 million annualized cost-saving plan. Wolfe Research reiterated its Peerperform rating, highlighting potential benefits from in-app purchase fee savings not yet reflected in the company’s guidance. Additionally, Raymond James maintained a Market Perform rating after Bumble’s second-quarter results slightly exceeded its late-June preannouncement, with third-quarter guidance aligning with expectations.

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