BX Buzz ML-1 Holdco L.P. sells $9.79m Bumble stock

BX Buzz ML-1 Holdco L.P., a 10% shareholder and director of Bumble Inc. (NASDAQ:BMBL), sold approximately $9.79 million worth of Class A Common Stock on October 13, 2026, according to a report from October 14, 2026. The transaction involved the sale of 2,713,510 shares at a price of $3.5423 per share, resulting in a significant gain since the transaction.

The stock, currently trading at $5.97, is near its 52-week high of $5.98, showcasing a remarkable 139% return over the past week. This sale was part of a series of transactions executed by various entities indirectly connected to Blackstone Inc., including BX Buzz ML-1 to ML-7 Holdco L.P. The sales price was determined using a volume-weighted average price over a hedging period, as per a Rule 10b5-1 trading plan adopted on November 26, 2025.

Following this sale, the collective beneficial ownership of Class A Common Stock by these affiliated entities stands at 15,901,290 shares. Bumble reported second-quarter revenue of $211 million for 2026, slightly above analyst estimates of $210.41 million, but revenue declined 14.9% year-over-year. Despite these positive revenue figures, Bumble issued a lower profit outlook, drawing attention from investors and analysts amidst a challenging financial environment. The company's financial health remains a topic of discussion among market observers.