Insider Selling: Grindr (NYSE:GRND) Insider Sells 15,227 Shares of Stock

Posted by Francis Steltz on Oct 16th, 2026

Grindr Inc. (NYSE:GRND – Get Free Report) insider Zachary Katz sold 15,227 shares of the company’s stock in a transaction on Wednesday, October 14th. The shares were sold at an average price of $15.23, for a total value of $231,907.21. Following the completion of the transaction, the insider directly owned 618,000 shares in the company, valued at approximately $9,412,140. The trade was a 2.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Zachary Katz also recently made the following trade(s):

On Monday, August 3rd, Zachary Katz sold 12,979 shares of Grindr stock. The stock was sold at an average price of $17.89, for a total value of $232,194.31.

Grindr Stock Performance

GRND traded down $1.04 on Friday, reaching $14.06. 2,526,833 shares of the stock were exchanged, compared to its average volume of 1,587,990. The company’s 50-day moving average price is $15.42 and its 200 day moving average price is $14.40. Grindr Inc. has a fifty-two week low of $9.73 and a fifty-two week high of $18.50. The company has a debt-to-equity ratio of 442.30, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market capitalization of $2.44 billion, a PE ratio of 28.13 and a beta of 0.19.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Grindr in the second quarter worth about $49,159,000. Tikvah Management LLC boosted its stake in shares of Grindr by 8.1% during the 2nd quarter. Tikvah Management LLC now owns 1,463,720 shares of the company’s stock worth $21,034,000 after acquiring an additional 109,100 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Grindr by 77.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,396,122 shares of the company’s stock valued at $16,881,000 after acquiring an additional 610,111 shares during the period. Alberta Investment Management Corp acquired a new stake in shares of Grindr during the 2nd quarter valued at about $7,904,000. Finally, SPX Gestao de Recursos Ltda grew its position in shares of Grindr by 13.4% during the 1st quarter. SPX Gestao de Recursos Ltda now owns 455,800 shares of the company’s stock valued at $5,511,000 after acquiring an additional 54,000 shares during the period. Hedge funds and other institutional investors own 7.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $19.00 target price on shares of Grindr in a report on Friday, August 7th. Wall Street Zen downgraded Grindr from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings restated a “hold (c)” rating on shares of Grindr in a research report on Friday, August 7th. Morgan Stanley reaffirmed an “overweight” rating on shares of Grindr in a research note on Tuesday, September 8th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Grindr in a research note on Friday, August 7th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Grindr currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.00.

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Grindr Company Profile

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Grindr Inc operates a social networking and online dating platform designed primarily for the LGBTQ+ community. Its flagship Grindr app enables users to discover and connect with people nearby, create profiles, exchange messages, share photos, and use location-based features for social and dating purposes.

The company offers a free version of its service supported by advertising, along with paid subscription products that provide additional features, including expanded browsing and messaging capabilities.