Blackstone-linked entities sell $28.2m of Bumble Inc. stock
Entities linked to Blackstone Inc. sold 7,477,500 shares of Bumble Inc. (BMBL) Class A Common Stock on June 16, 2026, totaling $28.2 million at $3.7751 per share. Despite the sale and a 44% stock decline over the past year, InvestingPro analysis indicates the stock appears undervalued. Bumble recently reported strong Q1 2026 earnings, launched a new paid group-dating feature, and conducted its annual stockholder meeting.
https://www.investing.com/news/insider-trading-news/blackstonelinked-entities-sell-282m-of-bumble-inc-stock-93CH-4751232