BCP Buzz Holdings L.P. sells $9.79 million in Bumble Inc. shares

BCP Buzz Holdings L.P., a major 10% shareholder and director of Bumble Inc. (NASDAQ:BMBL), sold approximately $9.79 million worth of the company's Class A Common Stock on October 13, 2026. Each share was priced at $3.5423, leading to the sale of 2,763,510 shares. The stock subsequently rose to $5.97, nearing its 52-week high of $5.98, indicating a significant profit from the sale.

The transactions were based on a weighted average price determined from a hedging period related to a post-paid forward transaction, which was initiated under a Rule 10b5-1 plan on November 26, 2025. These shares were held directly by several entities, including BX Buzz ML-1 Holdco L.P., BX Buzz ML-2 Holdco L.P., and others, ultimately owned by Blackstone Inc., which controls the general partners of these companies.

The stock has shown impressive performance, delivering a 139% return over the past week and a 58% gain over six months. Subscribers to InvestingPro can access 15 additional exclusive tips and detailed financial metrics for BMBL, including a Fair Value analysis. Recently, Bumble reported a second-quarter revenue of $211 million for 2026, slightly exceeding analysts' expectations of $210.41 million.

However, the company experienced a 14.9% decrease in revenue compared to the same period last year, along with a lower profit outlook, causing the stock price to decline. Despite these earnings, no upgrades or downgrades were issued by analysts. This situation underscores the challenges Bumble faces in sustaining its financial performance in a competitive market.