Dutch Bros (NYSE:BROS) Major Shareholder Sells $4,009,767.84 in Stock

Dutch Bros Inc. (NYSE:BROS) major shareholder Dm Individual Aggregator, Llc sold 71,399 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $56.16, for a total transaction of $4,009,767.84. Following the transaction, the insider owned 3,193,963 shares of the company’s stock, valued at approximately $179,372,962.08. The trade was a 2.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Dm Individual Aggregator, Llc also recently made the following trade(s):

• On Wednesday, May 27th, Dm Individual Aggregator, Llc sold 189,655 shares of Dutch Bros stock. The shares were sold at an average price of $56.21, for a total transaction of $10,660,507.55.

Dutch Bros Stock Performance

BROS traded up $1.44 during trading on Friday, hitting $58.00. 3,787,324 shares of the company traded hands, compared to its average volume of 4,704,018. The firm has a market cap of $10.13 billion, a P/E ratio of 90.62, a price-to-earnings-growth ratio of 1.82 and a beta of 2.40. The stock’s fifty day moving average is $52.96 and its 200 day moving average is $55.67. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 0.21. Dutch Bros Inc. has a one year low of $44.58 and a one year high of $77.88.

Dutch Bros (NYSE:BROS) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $464.41 million during the quarter, compared to analyst estimates of $449.70 million. Dutch Bros had a net margin of 4.61% and a return on equity of 9.42%. The firm’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 earnings per share. As a group, equities analysts predict that Dutch Bros Inc. will post 0.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BROS. The Goldman Sachs Group upgraded shares of Dutch Bros from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a research report on Monday, March 2nd. Telsey Advisory Group began coverage on shares of Dutch Bros in a report on Wednesday, April 8th. They set an “outperform” rating and a $66.00 price objective on the stock. BNP Paribas Exane began coverage on shares of Dutch Bros in a report on Monday, March 30th. They set an “outperform” rating and a $73.00 price objective on the stock. KeyCorp upped their price objective on shares of Dutch Bros from $77.00 to $79.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Oppenheimer began coverage on shares of Dutch Bros in a report on Friday, May 1st. They set an “outperform” rating and a $72.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $76.00.

Institutional Investors Weigh In On Dutch Bros

Several institutional investors have recently added to or reduced their stakes in BROS. Osterweis Capital Management Inc. purchased a new stake in Dutch Bros during the second quarter valued at about $27,000. Brown Lisle Cummings Inc. purchased a new stake in Dutch Bros during the fourth quarter valued at about $31,000. Rakuten Securities Inc. lifted its holdings in Dutch Bros by 557.4% during the second quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock valued at $31,000 after purchasing an additional 379 shares during the last quarter. Ankerstar Wealth LLC purchased a new stake in Dutch Bros during the fourth quarter valued at about $31,000. Finally, Quarry LP lifted its holdings in Dutch Bros by 83.5% during the fourth quarter. Quarry LP now owns 600 shares of the company’s stock valued at $37,000 after purchasing an additional 273 shares during the last quarter. 85.54% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Dutch Bros

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Dutch Bros is speeding up store openings, which supports a stronger long-term growth outlook and suggests better execution on expansion plans. Will Accelerating Store Openings Strengthen Dutch Bros’ Growth Path?
• Positive Sentiment: New store announcements across multiple states reinforce Dutch Bros’ ability to expand its footprint and increase future sales opportunities. Dutch Bros Coffee to open first Macon location this summer
• Positive Sentiment: The opening of the 10th Albuquerque location highlights continued demand in established markets and sustained brand momentum. Dutch Bros opens 10th Albuquerque location
• Neutral Sentiment: Management is set to participate in an upcoming investor conference, which could provide more color on growth plans but is not a direct operational catalyst. Dutch Bros Inc. to Participate in Upcoming Investor Conference

About Dutch Bros

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.