Bumble Inc (NASDAQ: BMBL) is -32.06% lower on its value in year-to-date trading and has touched a low of $4.80 and a high of $13.36 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 $5.21 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $5.53, the stock is -28.52% and -29.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.41 million and changing 6.14% at the moment leaves the stock -33.34% off its SMA200. BMBL registered -58.33% loss for a year compared to 6-month gain of -14.79%..
The stock witnessed a -26.27% loss in the last 1 month and extending the period to 3 months gives it a -29.28%, and is -34.63% down 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 8.71% over the week and 5.56% over the month.
Bumble Inc (BMBL) has around 980 employees, a market worth around $598.25M and $1.08B in sales. Fwd P/E is 8.09. Profit margin for the company is -54.21%. Distance from 52-week low is 15.21% and -58.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.79%).
with sales reaching $260.64M over the same period.The EPS is expected to grow by 115.13% this year, but quarterly earnings will post 1.77% year-over-year. Quarterly sales are estimated to shrink -4.75% in year-over-year returns.
Bumble Inc (BMBL) Top Institutional Holders
The shares outstanding are 112.56M, and float is at 73.48M with Short Float at 14.28%.
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 23.8548% 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 6.9221 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).
