BuzzFeed director Acharia sells $2.4k in shares

Published 10/09/2025, 01:44
BuzzFeed director Acharia sells $2.4k in shares

Director Angela Acharia of BuzzFeed, Inc. (NASDAQ:BZFD) sold 1,285 shares of Class A Common Stock on September 5, 2025, at a price of $1.87, for a total of $2,402. The sale occurred with the stock trading near its 52-week low of $1.61, in a year that has seen the shares decline over 27%. According to InvestingPro analysis, BuzzFeed’s current market capitalization stands at $71.3 million, with the stock showing significant price volatility.

Following the transaction, Acharia directly owns 93,248 shares of BuzzFeed, Inc.

Acharia also indirectly owns 563 shares through A Series Investments, LLC.

In other recent news, BuzzFeed Inc. reported a 13% year-over-year increase in revenue for Q2 2025, reaching $46.4 million. Despite this growth, the company experienced a net loss of $10.6 million from continuing operations. BuzzFeed attributed its revenue increase to significant growth in content and commerce revenues, marking a strategic shift away from platform dependency. Additionally, BuzzFeed amended its existing credit agreement with Sound Point Agency LLC and participating lenders. This amendment provides the company with an incremental loan commitment of $5 million, which is due by February 20, 2026. The agreement also allows for a permitted overadvance of up to $25 million until the same date. These financial developments come as BuzzFeed continues to navigate its strategic initiatives.

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