Insider Buying: Black Rock Coffee Bar (NASDAQ:BRCB) CMO Purchases 3,098 Shares of Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) CMO Jessica Michele Wegener-Beyer bought 3,098 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average cost of $6.46 per share, with a total value of $20,013.08. Following the purchase, the chief marketing officer owned 3,098 shares of the company’s stock, valued at $20,013.08. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Black Rock Coffee Bar Trading Up 3.3%

BRCB stock traded up $0.21 during midday trading on Thursday, hitting $6.58. 802,313 shares of the company’s stock were exchanged, compared to its average volume of 554,557. The business has a 50-day simple moving average of $12.83 and a two-hundred day simple moving average of $17.18. The company has a current ratio of 0.87, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $329.39 million and a PE ratio of -658.00. Black Rock Coffee Bar, Inc. has a 1-year low of $6.13 and a 1-year high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last posted its earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The business had revenue of $55.45 million during the quarter. On average, sell-side analysts predict that Black Rock Coffee Bar, Inc. will post 0.26 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new position in Black Rock Coffee Bar during the 4th quarter worth $29,000. Franklin Resources Inc. acquired a new position in Black Rock Coffee Bar during the 3rd quarter worth $36,000. Roxbury Financial LLC acquired a new position in shares of Black Rock Coffee Bar in the 4th quarter valued at $39,000. FNY Investment Advisers LLC acquired a new stake in Black Rock Coffee Bar during the 3rd quarter worth $50,000. Finally, Strs Ohio acquired a new stake in Black Rock Coffee Bar during the 4th quarter worth $65,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BRCB shares. DA Davidson cut their target price on Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Morgan Stanley lowered their price target on Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Raymond James Financial lowered their price target on Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, April 21st. Finally, Stifel Nicolaus decreased their price target on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Black Rock Coffee Bar has a consensus rating of “Moderate Buy” and an average target price of $18.75.

About Black Rock Coffee Bar

Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.