Street Calls of the Week
Director Nathan Richardson of Grindr Inc. (NASDAQ:GRND) sold 1,000 shares of common stock on September 15, 2025, for $16.19 per share, totaling $16,190. The sale occurred above the current trading price of $15.54, with the stock showing significant potential according to analysts who have set price targets between $20 and $26. According to InvestingPro analysis, Grindr appears slightly overvalued at current levels.
Following the transaction, Richardson directly owns 20,318 shares of Grindr Inc. The sale was executed under a Rule 10b5-1 trading plan adopted on May 15, 2024. With a market capitalization of $2.98 billion and strong gross profit margins of 74%, Grindr maintains a solid financial position. InvestingPro subscribers can access 10+ additional investment tips and a comprehensive Pro Research Report for deeper insights into Grindr’s valuation and growth prospects.
In other recent news, Grindr announced its second-quarter results for 2025, reporting revenues of $104 million, which slightly missed the projected $105.11 million. The company’s earnings per share (EPS) also fell short of expectations, coming in at $0.10 against a forecast of $0.11. Despite these misses, Grindr maintained its full-year revenue guidance of 26% or more year-over-year growth. Following these results, JMP Securities lowered its price target for Grindr to $23.00 from $27.00, while Raymond James adjusted its target to $20.00 from $26.00, both firms maintaining an Outperform rating.
Meanwhile, Citizens JMP analyst Andrew Boone reiterated a Market Outperform rating on Meta Platforms Inc., setting a price target of $900.00. Boone’s analysis highlighted the impact of web checkout systems, which are enhancing profitability across the mobile ecosystem. These recent developments reflect ongoing investor interest and analyst evaluations of both Grindr and Meta Platforms Inc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.