Dutch Bros Inc. $BROS Shares Purchased by Inspire Advisors LLC

Inspire Advisors LLC boosted its stake in shares of Dutch Bros Inc. (NYSE:BROS) by 11.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,206 shares of the company’s stock after buying an additional 1,236 shares during the quarter. Inspire Advisors LLC’s holdings in Dutch Bros were worth $835,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Wedmont Private Capital grew its holdings in shares of Dutch Bros by 3.0% in the 2nd quarter. Wedmont Private Capital now owns 5,473 shares of the company’s stock worth $363,000 after acquiring an additional 158 shares during the period. EFG Asset Management North America Corp. raised its holdings in Dutch Bros by 0.6% during the second quarter. EFG Asset Management North America Corp. now owns 46,080 shares of the company’s stock worth $3,149,000 after purchasing an additional 253 shares during the last quarter. Verdence Capital Advisors LLC boosted its position in Dutch Bros by 6.6% during the second quarter. Verdence Capital Advisors LLC now owns 4,515 shares of the company’s stock worth $309,000 after purchasing an additional 278 shares in the last quarter. GPS Wealth Strategies Group LLC grew its holdings in Dutch Bros by 8.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,591 shares of the company’s stock valued at $314,000 after purchasing an additional 346 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. increased its position in shares of Dutch Bros by 5.6% in the second quarter. Richards Merrill & Peterson Inc. now owns 7,097 shares of the company’s stock valued at $485,000 after buying an additional 378 shares in the last quarter. 85.54% of the stock is owned by hedge funds and other institutional investors.

Dutch Bros Stock Performance

Shares of BROS opened at $51.26 on Wednesday. Dutch Bros Inc. has a 1 year low of $47.16 and a 1 year high of $86.88. The company’s 50 day simple moving average is $55.26 and its 200 day simple moving average is $62.76. The company has a market capitalization of $8.43 billion, a price-to-earnings ratio of 102.52, a PEG ratio of 2.66 and a beta of 2.56. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.32 and a current ratio of 1.52.

Dutch Bros (NYSE:BROS) last released its earnings results on Wednesday, November 5th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. Dutch Bros had a net margin of 4.04% and a return on equity of 8.91%. The firm had revenue of $423.58 million during the quarter, compared to analysts’ expectations of $414.81 million. During the same period in the previous year, the company earned $0.16 EPS. Dutch Bros’s revenue for the quarter was up 25.3% on a year-over-year basis. Dutch Bros has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that Dutch Bros Inc. will post 0.57 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder Dm Individual Aggregator, Llc sold 482,750 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $65.17, for a total value of $31,460,817.50. Following the completion of the transaction, the insider directly owned 1,279,144 shares in the company, valued at approximately $83,361,814.48. This represents a 27.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Travis Boersma sold 787,681 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $68.94, for a total value of $54,302,728.14. Following the transaction, the chairman owned 975,031 shares in the company, valued at $67,218,637.14. This trade represents a 44.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 3,161,101 shares of company stock valued at $207,633,882. Company insiders own 42.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Dutch Bros in a research note on Wednesday, October 8th. The Goldman Sachs Group reduced their price target on shares of Dutch Bros from $81.00 to $72.00 and set a “neutral” rating on the stock in a report on Tuesday, September 30th. Mizuho upgraded shares of Dutch Bros to a “strong-buy” rating in a research report on Tuesday, October 28th. Wells Fargo & Company cut their price objective on Dutch Bros from $80.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, October 16th. Finally, Royal Bank Of Canada lowered their target price on Dutch Bros from $85.00 to $75.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Four analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Dutch Bros currently has an average rating of “Buy” and a consensus target price of $76.72.

About Dutch Bros

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.