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Lu James Fu Bin, a ten percent owner of Grindr Inc. (NYSE:GRND), sold 75,748 shares of common stock on November 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $13.65, for a total value of $1,033,960. This transaction comes as Grindr ’s stock has declined 41.38% over the past six months, though it currently trades near InvestingPro’s Fair Value assessment.
The prices for the shares sold ranged from $13.49 to $13.86. Following the transaction, Lu James Fu Bin directly owns 9,885 shares and indirectly owns 22,388,867 shares through Longview Grindr Holdings Limited.Despite recent stock weakness, Grindr has posted impressive revenue growth of 28.97% over the last twelve months. Analysts expect the company to become profitable this year, with EPS forecasts of $0.51 for 2025, though it trades at a high Price/Book ratio of 36.29. InvestingPro offers 11 additional ProTips for Grindr and a comprehensive Research Report, part of its coverage of 1,400+ US equities with detailed analysis for smarter investing decisions.
In other recent news, Grindr reported impressive third-quarter 2025 earnings, surpassing both earnings per share (EPS) and revenue forecasts. The company’s EPS reached $0.16, exceeding the anticipated $0.12, while revenue came in at $116 million, surpassing the forecasted $113.33 million. Despite these strong results, both Citizens and Goldman Sachs lowered their price targets for Grindr, to $21.00 and $20.00, respectively. Citizens maintained a Market Outperform rating, highlighting Grindr’s leadership in its category and its success in attracting younger users. Meanwhile, Goldman Sachs upheld a Buy rating, noting that the advertising business was a significant contributor to the company’s revenue performance. The analysts’ adjustments come amid what Goldman Sachs described as "elevated investor concern over the last 3-6 months." Additionally, Grindr’s monthly active users came in 2% below consensus, though the company continues to emphasize the importance of its free tier. These developments reflect ongoing investor interest and scrutiny regarding Grindr’s market position and future growth potential.
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