Y Intercept Hong Kong Ltd Raises Position in Bumble Inc. $BMBL

Y Intercept Hong Kong Ltd boosted its position in shares of Bumble Inc. (NASDAQ:BMBL) by 191.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,587 shares of the company’s stock after buying an additional 32,575 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Bumble were worth $327,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Nordea Investment Management AB acquired a new stake in shares of Bumble in the second quarter worth approximately $7,337,000. Ieq Capital LLC purchased a new position in Bumble in the 1st quarter valued at $113,000. XTX Topco Ltd purchased a new position in Bumble in the 1st quarter valued at $306,000. Principal Financial Group Inc. boosted its stake in Bumble by 7.6% during the 1st quarter. Principal Financial Group Inc. now owns 170,822 shares of the company’s stock worth $741,000 after purchasing an additional 12,032 shares during the last quarter. Finally, Vident Advisory LLC purchased a new stake in shares of Bumble during the first quarter worth $48,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Bumble Stock Up 0.5%

Shares of NASDAQ BMBL opened at $4.26 on Friday. The company has a market capitalization of $443.09 million, a P/E ratio of 3.80, a P/E/G ratio of 0.10 and a beta of 1.93. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.30 and a quick ratio of 3.30. The company has a 50 day simple moving average of $5.99 and a 200-day simple moving average of $6.04. Bumble Inc. has a 1 year low of $3.55 and a 1 year high of $9.22.

Bumble (NASDAQ:BMBL) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.06). The business had revenue of $246.16 million during the quarter, compared to analyst estimates of $244.19 million. Bumble had a negative net margin of 19.82% and a positive return on equity of 10.42%. The company’s revenue was down 10.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($5.11) earnings per share. Bumble has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Bumble Inc. will post 4.19 earnings per share for the current year.

Insider Buying and Selling at Bumble

In other Bumble news, major shareholder – Nq L.L.C. Btoa sold 16,689,884 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $6.26, for a total value of $104,478,673.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Whitney Wolfe Herd sold 1,365,116 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $6.26, for a total transaction of $8,545,626.16. Following the transaction, the chief executive officer directly owned 1,598,258 shares of the company’s stock, valued at approximately $10,005,095.08. This trade represents a 46.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 68,127,359 shares of company stock worth $426,476,076. Insiders own 15.84% of the company’s stock.

Analyst Ratings Changes

BMBL has been the topic of several research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Bumble in a research note on Tuesday, October 14th. Wells Fargo & Company cut their price objective on shares of Bumble from $7.00 to $5.50 and set an “equal weight” rating for the company in a report on Thursday. Zacks Research raised shares of Bumble to a “hold” rating in a research note on Friday, August 8th. Morgan Stanley upped their price target on Bumble from $5.50 to $6.00 and gave the company an “equal weight” rating in a research report on Friday, August 8th. Finally, Susquehanna reiterated a “neutral” rating and set a $7.00 price objective (up previously from $5.00) on shares of Bumble in a research report on Monday, August 11th. Twelve research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $5.79.

Bumble Company Profile

Bumble Inc provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products. The company operates apps, including Bumble, a dating app built with women at the center, where women make the first move; Badoo, the web and mobile free-to-use dating app; Official app where users connect their profile with that of their partner enabling a shared, linked product experience; Bumble BFF and Bumble Bizz Modes that have a format similar to the date mode requiring users to set up profiles and matching users through yes and no votes, similar to the dating platform; and Bumble for Friends, a friendship app where people in all stages of life can meet people nearby and create meaningful platonic connections, as well as Fruitz app is centered around encouraging honesty and transparency by sharing dating intentions from the first touch point.