Black Rock Coffee Bar (NASDAQ:BRCB) COO Buys $293,470.80 in Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCBGet Free Report) COO Clay Howard Geyer purchased 45,080 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were acquired at an average cost of $6.51 per share, with a total value of $293,470.80. Following the purchase, the chief operating officer directly owned 57,580 shares of the company’s stock, valued at approximately $374,845.80. The trade was a 360.64% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Clay Howard Geyer also recently made the following trade(s):

  • On Friday, May 22nd, Clay Howard Geyer purchased 925 shares of Black Rock Coffee Bar stock. The shares were acquired at an average cost of $6.86 per share, with a total value of $6,345.50.

Black Rock Coffee Bar Trading Up 3.5%

Shares of BRCB stock traded up $0.23 during trading hours on Friday, hitting $6.81. 1,098,972 shares of the company’s stock traded hands, compared to its average volume of 692,366. The stock’s 50 day simple moving average is $12.63 and its 200 day simple moving average is $17.11. The stock has a market cap of $340.91 million and a PE ratio of 681.00. Black Rock Coffee Bar, Inc. has a 12 month low of $6.13 and a 12 month high of $30.40. The company has a quick ratio of 0.77, a current ratio of 0.87 and a debt-to-equity ratio of 0.25.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Ares Management LLC acquired a new position in shares of Black Rock Coffee Bar during the third quarter valued at about $5,981,000. Federated Hermes Inc. purchased a new position in Black Rock Coffee Bar during the third quarter worth about $2,982,000. Monashee Investment Management LLC purchased a new position in Black Rock Coffee Bar during the third quarter worth about $2,386,000. Emerald Mutual Fund Advisers Trust purchased a new position in Black Rock Coffee Bar during the third quarter worth about $4,023,000. Finally, Tudor Investment Corp ET AL purchased a new position in Black Rock Coffee Bar during the third quarter worth about $1,718,000.

Analyst Ratings Changes

BRCB has been the subject of several recent analyst reports. Raymond James Financial decreased their price objective on shares of 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. 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 note on Wednesday, May 13th. DA Davidson decreased their price target on shares of 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. Finally, Morgan Stanley decreased their price target on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given 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 an average price target of $18.75.

Get Our Latest Stock Analysis on BRCB

About Black Rock Coffee Bar

(Get Free Report)

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.

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