Bumble Inc (NASDAQ: BMBL) is -54.14% lower on its value in year-to-date trading and has touched a low of $4.80 and a high of $15.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BMBL stock was last observed hovering at around $6.81 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $6.76, the stock is 5.42% and 4.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing -0.73% at the moment leaves the stock -33.76% off its SMA200. BMBL registered -52.43% loss for a year compared to 6-month loss of -33.20%. The firm has a 50-day simple moving average (SMA 50) of $6.4921 and a 200-day simple moving average (SMA200) of $10.205225.
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The stock witnessed a 6.96% gain in the last 1 month and extending the period to 3 months gives it a -32.67%, and is 4.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.81% over the week and 4.33% over the month.
Bumble Inc (BMBL) has around 980 employees, a market worth around $855.41M and $1.09B in sales. Current P/E ratio is 23.13 and Fwd P/E is 9.39. Profit margin for the company is 3.93%. Distance from 52-week low is 40.83% and -57.48% from its 52-week high. The company has generated returns on investments over the last 12 months (1.87%).
with sales reaching $271.87M over the same period.The EPS is expected to grow by 2658.67% this year, but quarterly earnings will post 1.60% year-over-year. Quarterly sales are estimated to shrink -1.80% in year-over-year returns.
Bumble Inc (BMBL) Top Institutional Holders
299.0 institutions hold shares in Bumble Inc (BMBL), with institutional investors hold 98.34% of the company’s shares. The shares outstanding are 130.69M, and float is at 91.81M with Short Float at 16.82%. Institutions hold 96.58% of the Float.
The top institutional shareholder in the company is BLACKSTONE INC. with over 30.12 million shares valued at $316.52 million. The investor’s holdings represent 23.3942% of the BMBL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.05 million shares valued at $116.16 million to account for 8.5852 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.86 million shares representing 7.6572% and valued at over $103.6 million, while FMR LLC holds 6.7884 of the shares totaling 8.74 million with a market value of $91.85 million.
Bumble Inc (BMBL) Insider Activity
The most recent transaction is an insider sale by Hsiao Sissie L., the company’s Director. SEC filings show that Hsiao Sissie L. sold 2,707 shares of the company’s common stock on Oct 04 ’24 at a price of $6.76 per share for a total of $18293.0. Following the sale, the insider now owns 40571.0 shares.
Still, SEC filings show that on Jun 07 ’24, MATHER ANN (Director) disposed off 7,492 shares at an average price of $11.41 for $85506.0. The insider now directly holds 29,030 shares of Bumble Inc (BMBL).
