Daniel Brooks Baer Sells 3,500 Shares of Grindr (NYSE:GRND) Stock

Posted by Stanley Muller on Aug 21st, 2026

Grindr Inc. (NYSE:GRND – Get Free Report) Director Daniel Brooks Baer sold 3,500 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $15.65, for a total transaction of $54,775.00. Following the sale, the director directly owned 47,912 shares of the company’s stock, valued at approximately $749,822.80. This trade represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Grindr Stock Performance

Shares of Grindr stock traded down $0.07 during trading on Friday, reaching $15.59. The company’s stock had a trading volume of 1,040,918 shares, compared to its average volume of 1,594,523. The company has a debt-to-equity ratio of 442.30, a quick ratio of 1.10 and a current ratio of 1.10. The business’s fifty day moving average price is $15.36 and its 200-day moving average price is $13.30. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of 31.18 and a beta of 0.20. Grindr Inc. has a one year low of $9.73 and a one year high of $18.50.

Grindr (NYSE:GRND – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.06). Grindr had a return on equity of 357.13% and a net margin of 18.75%.The company had revenue of $138.14 million for the quarter, compared to the consensus estimate of $132.50 million. As a group, equities research analysts predict that Grindr Inc. will post 0.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on GRND shares. TD Cowen restated a “buy” rating on shares of Grindr in a research report on Monday, June 1st. Raymond James Financial reiterated an “outperform” rating on shares of Grindr in a research note on Friday, August 7th. Wall Street Zen downgraded shares of Grindr from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Grindr in a research report on Friday, August 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $19.00 price target on shares of Grindr in a research note on Friday, August 7th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $20.00.

Read Our Latest Stock Analysis on GRND

Institutional Investors Weigh In On Grindr

Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in Grindr by 1,473.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,479 shares of the company’s stock worth $34,000 after buying an additional 1,385 shares during the period. Raymond James Financial Inc. bought a new position in shares of Grindr during the second quarter valued at $39,000. Caitong International Asset Management Co. Ltd purchased a new position in Grindr in the 3rd quarter worth approximately $26,000. CWM LLC raised its position in Grindr by 713.8% in the 4th quarter. CWM LLC now owns 2,946 shares of the company’s stock worth $40,000 after buying an additional 2,584 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Grindr in the fourth quarter worth approximately $45,000. 7.22% of the stock is currently owned by institutional investors and hedge funds.

About Grindr

(Get Free Report)

Grindr, trading on the NYSE under the ticker symbol GRND, operates a global social networking and dating platform designed primarily for gay, bisexual, transgender and queer (GBTQ) individuals. The company’s core offering is a location-based mobile application that enables users to connect, chat and share content with others in their vicinity. Through its free tier and premium subscription services—known as Grindr XTRA and Grindr Unlimited—Grindr provides enhanced features such as ad-free browsing, advanced filters and unlimited profile views, catering to a broad spectrum of user needs.

Originally launched in 2009 by entrepreneur Joel Simkhai, Grindr was one of the first mobile apps to leverage geolocation technology for social networking.