1 week Ago By ABMN Staff
Vanguard Group Inc. lessened its holdings in shares of Bumble Inc. ( NASDAQ:BMBL – Free Report ) by 16.
7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,864,249 shares of the company’s stock after selling 1,781,059 shares during the period. Vanguard Group Inc.
owned 0.08% of Bumble worth $72,155,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also recently modified their holdings of the company.
Janus Henderson Group PLC boosted its stake in Bumble by 9.3% during the third quarter. Janus Henderson Group PLC now owns 174,926 shares of the company’s stock worth $1,116,000 after acquiring an additional 14,887 shares in the last quarter.
Quantinno Capital Management LP purchased a new position in shares of Bumble during the third quarter valued at approximately $90,000. Geode Capital Management LLC boosted its position in shares of Bumble by 0.6% in the 3rd quarter.
Geode Capital Management LLC now owns 2,330,678 shares of the company’s stock worth $14,872,000 after purchasing an additional 14,889 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Bumble by 11.
3% in the 3rd quarter. Franklin Resources Inc. now owns 62,328 shares of the company’s stock worth $421,000 after buying an additional 6,325 shares during the last quarter.
Finally, Principal Financial Group Inc. bought a new position in Bumble during the 3rd quarter valued at approximately $911,000. 94.
85% of the stock is owned by hedge funds and other institutional investors. Bumble Stock Down 7.2 % Bumble stock opened at $3.
86 on Friday. The stock has a market cap of $407.41 million, a PE ratio of -0.
79 and a beta of 1.77. The company has a debt-to-equity ratio of 0.
75, a quick ratio of 2.09 and a current ratio of 2.09.
The stock has a fifty day moving average of $5.50 and a 200 day moving average of $6.94.
Bumble Inc. has a one year low of $3.55 and a one year high of $12.
49. Analyst Upgrades and Downgrades Read Our Latest Stock Analysis on Bumble Bumble Profile ( Free Report ) Bumble Inc provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products.
The company operates apps, including Bumble, a dating app built with women at the center, where women make the first move; Badoo, the web and mobile free-to-use dating app; Official app where users connect their profile with that of their partner enabling a shared, linked product experience; Bumble BFF and Bumble Bizz Modes that have a format similar to the date mode requiring users to set up profiles and matching users through yes and no votes, similar to the dating platform; and Bumble for Friends, a friendship app where people in all stages of life can meet people nearby and create meaningful platonic connections, as well as Fruitz app is centered around encouraging honesty and transparency by sharing dating intentions from the first touch point. Featured Articles Want to see what other hedge funds are holding BMBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bumble Inc.
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