Militia Capital Partners LP Buys Shares of 302,604 Bumble Inc. $BMBL

Militia Capital Partners LP bought a new stake in shares of Bumble Inc. (NASDAQ:BMBL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 302,604 shares of the company’s stock, valued at approximately $1,080,000. Militia Capital Partners LP owned about 0.27% of Bumble at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. RBF Capital LLC boosted its stake in shares of Bumble by 27.9% in the 4th quarter. RBF Capital LLC now owns 517,506 shares of the company’s stock worth $1,847,000 after buying an additional 112,991 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of Bumble by 146.8% in the 4th quarter. MML Investors Services LLC now owns 35,400 shares of the company’s stock worth $126,000 after buying an additional 21,058 shares during the last quarter. Mariner LLC boosted its stake in shares of Bumble by 61.0% in the 4th quarter. Mariner LLC now owns 29,776 shares of the company’s stock worth $107,000 after buying an additional 11,277 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Bumble by 53.3% in the 4th quarter. Marshall Wace LLP now owns 518,370 shares of the company’s stock worth $1,851,000 after buying an additional 180,255 shares during the last quarter. Finally, Quinn Opportunity Partners LLC boosted its stake in shares of Bumble by 46.4% in the 4th quarter. Quinn Opportunity Partners LLC now owns 220,904 shares of the company’s stock worth $789,000 after buying an additional 70,000 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BMBL shares. Morgan Stanley raised their price target on Bumble from $3.50 to $4.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Bumble in a research note on Monday, March 16th. Bank of America dropped their price target on Bumble from $3.50 to $3.30 and set an “underperform” rating on the stock in a research note on Thursday, March 12th. UBS Group raised their price target on Bumble from $4.00 to $4.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen downgraded Bumble from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. One research analyst has rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $4.33.

Bumble Price Performance

NASDAQ BMBL opened at $3.06 on Wednesday. The company has a market capitalization of $397.25 million, a PE ratio of -0.52, a price-to-earnings-growth ratio of 0.10 and a beta of 1.89. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.22 and a current ratio of 1.22. The business’s fifty day moving average is $3.47 and its 200 day moving average is $3.42. Bumble Inc. has a fifty-two week low of $2.61 and a fifty-two week high of $8.64.

Bumble (NASDAQ:BMBL) last released its earnings results on Tuesday, May 5th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.09. The company had revenue of $212.38 million for the quarter, compared to the consensus estimate of $211.59 million. Bumble had a positive return on equity of 32.66% and a negative net margin of 72.04%.Bumble’s quarterly revenue was down 14.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 earnings per share. Sell-side analysts predict that Bumble Inc. will post 0.99 earnings per share for the current year.

Insider Buying and Selling at Bumble

In related news, Director Sissie L. Hsiao sold 22,013 shares of Bumble stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $2.79, for a total transaction of $61,416.27. Following the transaction, the director directly owned 126,687 shares in the company, valued at approximately $353,456.73. The trade was a 14.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ann Mather sold 22,013 shares of Bumble stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $2.79, for a total value of $61,416.27. Following the transaction, the director owned 117,853 shares in the company, valued at $328,809.87. This trade represents a 15.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.35% of the stock is currently owned by insiders.

About Bumble

Bumble Inc operates a technology platform designed to facilitate social and professional connections through its suite of apps, most notably the flagship Bumble dating app. The company’s core premise is to empower users—particularly women—to make the first move, helping to reshape traditional dating dynamics. In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”

Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.