Grindr Director Zage Acquires 155,000 Shares for $2.1 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Source: Fool
- Share Acquisition: Director George Raymond Zage III acquired a total of 155,000 shares through multiple open-market purchases on December 3 and 4, 2025, with an aggregate value of approximately $2.1 million, raising his direct holdings to 8,063,283 shares, reflecting confidence in the company's future prospects.
- Holding Proportion Analysis: Post-transaction, Zage's direct holding ratio stands at 92.2%, indicating substantial capacity for future trades, consistent with a net-buy trend over the past year, which may further bolster market confidence in Grindr.
- Market Performance Comparison: The average purchase price for this acquisition was $13.49 per share, while Grindr's stock price as of December 4, 2025, had declined by 11.5% over the past year, showcasing Zage's strategy of buying during market downturns, potentially setting the stage for future rebounds.
- Investor Impact: Zage and his partner James Lu owned 64% of the company, and despite withdrawing a $3.5 billion bid to take Grindr private, their decision to increase shareholdings signals confidence in the company's public market presence, likely attracting more investor interest.
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Analyst Views on GRND
Wall Street analysts forecast GRND stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRND is 22.00 USD with a low forecast of 20.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.620
Low
20.00
Averages
22.00
High
26.00
Current: 11.620
Low
20.00
Averages
22.00
High
26.00
About GRND
Grindr Inc. manages and operates the Grindr platform, which a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults. The Company is developing new products for users to engage with the Grindr platform, which include new partnership-based digital versions of services typically found in physical gayborhoods. Its platform enables GBTQ adults to connect with one another. Its platform helps its users find what they are looking for: casual dating, long-term relationships, community and friendships, professional networking, travel information and local discovery. The Grindr platform offers a variety of location-based social features and functions, including identity expression (profile, photos, presence); connection (search, filters, the Cascade, Viewed Me); and interaction (chat, media sharing); with trust and safety tools across the experience, and subscriptions for premium features offering further access and control.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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