Grindr Inc. WT Price & Performance (GRND-WT)

Nathan Richardson, a director at Grindr Inc., sold 1,000 shares for $18,400 under a prearranged plan, leaving him with 16,642 shares. The transaction comes as the stock hovers near its 52-week high after a 90% annual surge. Analysts expect Grindr to turn profitable this year amid strong revenue growth.12

Grindr has expanded its real-time ‘Right Now’ feature to 15 new cities, enhancing user engagement and monetization. The move follows a year of strong revenue growth and aligns with the company’s focus on product innovation to maintain its dominant market position and support continued global expansion.34

Grindr’s $500 million share repurchase program and robust 2024 financials have fueled bullish sentiment among analysts. Despite a high valuation, the company’s efficient operations, strong margins, and entrenched user base position it for long-term gains, though risks around competition and governance remain.56