Birkenstock Holding PLC $BIRK Shares Sold by Tredje AP fonden

Tredje AP fonden cut its stake in Birkenstock Holding PLC (NYSE:BIRK) by 26.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 414,400 shares of the company’s stock after selling 150,000 shares during the period. Tredje AP fonden owned 0.23% of Birkenstock worth $16,949,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Morse Asset Management Inc acquired a new stake in Birkenstock in the third quarter worth $28,000. Activest Wealth Management increased its position 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 buying an additional 775 shares during the period. Quarry LP increased its position in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after buying an additional 492 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Birkenstock by 61.0% during the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after purchasing an additional 488 shares during the period. Finally, Smartleaf Asset Management LLC acquired a new position in shares of Birkenstock during the second quarter valued at $74,000. 19.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Piper Sandler reissued an “overweight” rating and set a $55.00 price target (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Morgan Stanley set a $41.00 price target on Birkenstock in a report on Thursday, May 14th. New Street Research set a $47.00 price target on Birkenstock in a report on Tuesday, January 27th. Stifel Nicolaus set a $51.00 price target on Birkenstock in a report on Wednesday, May 13th. Finally, BTIG Research lowered their price target on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Thirteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.14.

Birkenstock Price Performance

NYSE:BIRK opened at $32.60 on Wednesday. The business’s 50-day moving average price is $36.98 and its 200 day moving average price is $39.59. The firm has a market cap of $5.99 billion, a P/E ratio of 14.72, a PEG ratio of 1.29 and a beta of 1.15. Birkenstock Holding PLC has a 52-week low of $31.12 and a 52-week high of $57.39. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45.

About Birkenstock

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.