Insiders Could Have Profited By Holding onto Bumble Shares Despite 14% Drop
Bumble Inc. (NASDAQ:BMBL) has seen a 14% stock value drop, yet insiders who sold shares in the last year, specifically Founder Whitney Herd, would have been better off holding. Herd sold US$2.3m worth of shares at an average price of US$6.26, which is notably higher than the current price of US$3.35, indicating that the sale was at a favorable price. Despite this, the article notes low insider ownership (0.7%) and no recent insider transactions, suggesting a lack of strong insider confidence or alignment with common shareholders.
https://www.sahmcapital.com/news/content/insiders-could-have-profited-by-holding-onto-bumble-shares-despite-14-drop-2026-02-02