Traders Purchase High Volume of BuzzFeed Call Options (NASDAQ:BZFD)

Posted by Francis Steltz on May 12th, 2026

BuzzFeed, Inc. (NASDAQ:BZFD – Get Free Report) saw some unusual options trading activity on Tuesday. Stock traders bought 6,233 call options on the company. This represents an increase of 2,095% compared to the typical volume of 284 call options.

Hedge Funds Weigh In On BuzzFeed

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of BuzzFeed by 8.8% in the 3rd quarter. Vanguard Group Inc. now owns 976,888 shares of the company’s stock valued at $1,661,000 after acquiring an additional 79,263 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of BuzzFeed by 35.8% during the second quarter. Geode Capital Management LLC now owns 253,768 shares of the company’s stock worth $508,000 after purchasing an additional 66,895 shares in the last quarter. Shay Capital LLC increased its position in shares of BuzzFeed by 115.1% in the third quarter. Shay Capital LLC now owns 179,207 shares of the company’s stock worth $305,000 after purchasing an additional 95,879 shares during the last quarter. Panagora Asset Management Inc. raised its stake in BuzzFeed by 60.8% in the fourth quarter. Panagora Asset Management Inc. now owns 107,460 shares of the company’s stock valued at $100,000 after purchasing an additional 40,617 shares in the last quarter. Finally, State Street Corp raised its stake in BuzzFeed by 18.9% in the fourth quarter. State Street Corp now owns 96,328 shares of the company’s stock valued at $90,000 after purchasing an additional 15,300 shares in the last quarter. 37.64% of the stock is currently owned by hedge funds and other institutional investors.

BuzzFeed Price Performance

BuzzFeed stock traded up $0.83 during midday trading on Tuesday, reaching $1.56. 121,365,766 shares of the stock were exchanged, compared to its average volume of 1,737,066. BuzzFeed has a 52 week low of $0.54 and a 52 week high of $2.68. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $58.64 million, a PE ratio of -1.02 and a beta of 3.40. The company’s fifty day moving average is $0.71 and its 200-day moving average is $0.91.

BuzzFeed (NASDAQ:BZFD – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.13). The firm had revenue of $31.57 million during the quarter, compared to the consensus estimate of $35.08 million. BuzzFeed had a negative net margin of 31.16% and a negative return on equity of 75.23%.

Key BuzzFeed News

Here are the key news stories impacting BuzzFeed this week:

Positive Sentiment: BuzzFeed announced a proposed majority stake investment by Byron Allen’s family office, with Allen expected to take over as CEO, signaling a major strategic shift and a possible rescue/turnaround story for the company. Article: BuzzFeed, Inc. Announces Proposed Majority Stake Investment by Byron Allen’s Family Office
Positive Sentiment: Investors piled into BuzzFeed call options, with volume far above normal, suggesting traders are positioning for continued upside tied to the ownership news and momentum in the shares.
Neutral Sentiment: BuzzFeed was temporarily halted for a LULD pause and earlier for news pending, reflecting extreme volatility rather than a separate fundamental development.
Negative Sentiment: BuzzFeed’s most recent earnings showed a wider-than-expected loss and weaker-than-expected revenue, underscoring that the business still faces financial pressure even as the takeover news boosts sentiment.

About BuzzFeed

(Get Free Report)

BuzzFeed, Inc operates as a digital media and technology company specializing in news, entertainment, and social content. The company produces articles, videos and quizzes that target diverse audiences across web, mobile and social platforms. In addition to editorial content, BuzzFeed offers a suite of advertising solutions, including native advertising, branded content and programmatic display, designed to blend seamlessly with its editorial offerings and engage consumers at scale.

Founded in 2006 by Jonah Peretti and John S.