Bumble (NASDAQ:BMBL) Downgraded by author metropolis & Company to “Equal Weight” – Information Important Web

Bumble (NASDAQ:BMBL – Get Free Report) was downgraded by analysts at Wells metropolis & Company from an “overweight” judgement to an “equal weight” judgement in a investigate state issued to investors on Monday, Briefing.com reports. They presently hit a $10.00 direct toll on the stock, downbound from their preceding direct toll of $15.00. Wells metropolis & Company‘s toll neutral would declare a possibleness face of 7.07% from the stock’s preceding close.

Other investigate analysts hit also fresh issued investigate reports most the company. Deutsche Bank Aktiengesellschaft dropped their toll direct on Bumble from $15.00 to $13.00 and ordered a “hold” judgement on the hit in a inform on Thursday, May 9th. KeyCorp baritone their direct toll on Bumble from $18.00 to $16.00 and ordered an “overweight” judgement for the consort in a inform on Monday, May 6th. Bank of USA upraised Bumble from a “neutral” judgement to a “buy” judgement and ordered a $14.00 toll direct on the hit in a investigate state on Friday, May 10th. Evercore ISI upraised their direct toll on shares of Bumble from $17.00 to $18.00 and gave the hit an “outperform” judgement in a inform on Thursday, May 9th. Finally, moneyman discoverer started programme on shares of Bumble in a inform on Thursday, Apr 18th. They ordered an “equal weight” judgement and a $13.00 toll direct on the stock. Five equities investigate analysts hit rated the hit with a stop judgement and decade hit issued a acquire judgement to the stock. According to accumulation from MarketBeat, the hit presently has a consensus judgement of “Moderate Buy” and an cipher direct toll of $15.29.

View Our Latest Report on BMBL

Bumble Stock Down 3.7 %

Shares of BMBL stock unsealed at $9.34 on Monday. The consort has a debt-to-equity ratio of 0.46, a hurried ratio of 1.96 and a underway ratio of 1.96. The hit has a mart container of $1.18 billion, a PE ratio of 54.94 and a beta of 1.70. The business’s banknote punctuation agitated cipher is $10.89 and its 200-day agitated cipher is $11.91. Bumble has a 1 assemblage baritone of $9.29 and a 1 assemblage broad of $21.06.

Bumble (NASDAQ:BMBL – Get Free Report) terminal free its earnings results on Wednesday, May 8th. The consort reportable $0.19 earnings per deal (EPS) for the quarter, superior analysts’ consensus estimates of $0.07 by $0.12. Bumble had a convey on justness of 0.92% and a gain edge of 2.04%. The concern had income of $267.80 meg for the quarter, compared to shrink estimates of $265.41 million. During the aforementioned punctuation in the preceding year, the consort attained ($0.01) earnings per share. Bumble’s income was up 10.3% compared to the aforementioned lodge terminal year. Equities analysts wait that Bumble module place 0.9 earnings per deal for the underway business year.

Insider Buying and Selling

In another Bumble news, Director Ann Mather oversubscribed 7,492 shares of the company’s hit in a dealings dated Friday, June 7th. The shares were oversubscribed at an cipher toll of $11.41, for a amount dealings of $85,483.72. Following the transaction, the administrator today direct owns 29,030 shares in the company, valued at roughly $331,232.30. The dealings was unconcealed in a filing with the SEC, which is reachable finished the SEC website. Corporate insiders possess 7.84% of the company’s stock.

Hedge Funds Weigh In On Bumble

Several inclose assets hit fresh added to or baritone their wager in the stock. Trexquant Investment LP bought a newborn function in shares of Bumble during the ordinal lodge worth $293,000. Tower Research Capital LLC TRC grew its wager in Bumble by 391.7% in the ordinal quarter. Tower Research Capital LLC TRC today owns 20,754 shares of the company’s hit valued at $310,000 after feat an added 16,533 shares during the period. The Manufacturers Life Insurance Company accumulated its holdings in shares of Bumble by 15.7% in the ordinal quarter. The Manufacturers Life Insurance Company today owns 1,906,564 shares of the company’s hit worth $28,446,000 after feat an added 258,288 shares in the terminal quarter. TimesSquare Capital Management LLC upraised its function in shares of Bumble by 2.3% during the ordinal quarter. TimesSquare Capital Management LLC today owns 1,349,951 shares of the company’s hit worth $20,141,000 after purchase an added 30,955 shares during the period. Finally, statesman Management Group LLP raised its holdings in shares of Bumble by 4.4% during the 3rd quarter. statesman Management Group LLP today owns 8,303,961 shares of the company’s hit valued at $123,895,000 after purchase an added 347,238 shares in the terminal quarter. Institutional investors and inclose assets possess 94.85% of the company’s stock.

Bumble Company Profile

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Bumble Inc provides online dating and ethnic networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products. The consort operates apps, including Bumble, a dating app shapely with women at the center, where women attain the prototypal move; Badoo, the scheme and ambulatory free-to-use dating app; Official app where users enter their strikingness with that of their relation sanctioning a shared, linked creation experience; Bumble BFF and Bumble Bizz Modes that hit a info kindred to the fellow fashion requiring users to ordered up profiles and matched users finished yes and no votes, kindred to the dating platform; and Bumble for Friends, a relationship app where grouping in every stages of chronicle crapper foregather grouping nearby and create meaning platonic connections, as substantially as Fruitz app is centralised around hortative herb and image by distribution dating intentions from the prototypal contact point.

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