Blackstone III GP liquidates 7,477,500 shares (99.7% of BMBL stake) for $28,228,310.25 at $3.78; stock down -65.7% from 52-week high.
Blackstone Holdings III GP Management LLC executed 7 separate sales totaling 7,477,500 shares for $28,228,310.25 on 2026-06-16, reducing its stake from 7,496,874 shares to 19,374 shares post-transaction. The sales occurred at $3.78 per share while the current price stands at $2.96, representing -65.7% from the 52-week high of $8.64. This near-complete liquidation of a 10% owner's position coincides with deteriorating fundamentals: annual revenue growth was -9.9% and the company reported negative full-year net income despite the latest quarter showing $212,383,000.00 in revenue and $45,211,000.00 in net income. The insider's same-ticker history shows 5 of 5 prior sells were well-timed at the 90-day mark, with 90-day returns of -16.2% following those sales, though the current transaction's timing implications remain unknown pending future price action.