Malaga Cove Capital LLC Purchases 13,790 Shares of Birkenstock Holding PLC $BIRK

Malaga Cove Capital LLC lifted its position in Birkenstock Holding PLC (NYSE:BIRKFree Report) by 52.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,188 shares of the company’s stock after acquiring an additional 13,790 shares during the quarter. Malaga Cove Capital LLC’s holdings in Birkenstock were worth $1,644,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BIRK. Morse Asset Management Inc bought a new position in Birkenstock in the third quarter worth about $28,000. Activest Wealth Management raised its holdings in Birkenstock by 77,500.0% in the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after purchasing an additional 775 shares in the last quarter. Quarry LP raised its holdings in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after purchasing an additional 492 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Birkenstock by 61.0% in the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after purchasing an additional 488 shares in the last quarter. Finally, Smartleaf Asset Management LLC bought a new position in Birkenstock in the second quarter worth about $74,000. 19.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BIRK has been the subject of a number of recent research reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a report on Friday, May 22nd. Morgan Stanley set a $41.00 target price on shares of Birkenstock in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $41.00 target price on shares of Birkenstock in a report on Thursday, May 14th. Stifel Nicolaus set a $51.00 target price on shares of Birkenstock in a report on Wednesday, May 13th. Finally, UBS Group reiterated a “buy” rating on shares of Birkenstock in a report on Monday, February 9th. Thirteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.68.

View Our Latest Analysis on BIRK

Birkenstock Price Performance

Shares of BIRK stock opened at $43.49 on Wednesday. Birkenstock Holding PLC has a fifty-two week low of $31.12 and a fifty-two week high of $57.20. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 1.66 and a beta of 1.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. The stock’s 50-day simple moving average is $37.23 and its 200-day simple moving average is $39.60.

About Birkenstock

(Free Report)

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.

Further Reading

Want to see what other hedge funds are holding BIRK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Birkenstock Holding PLC (NYSE:BIRKFree Report).

Institutional Ownership by Quarter for Birkenstock (NYSE:BIRK)

Receive News & Ratings for Birkenstock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Birkenstock and related companies with MarketBeat.com's FREE daily email newsletter.