Insider Selling: Birkenstock (NYSE:BIRK) Insider Sells 30,000 Shares of Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the completion of the transaction, the insider owned 31,153 shares of the company’s stock, valued at $1,355,155.50. This trade represents a 49.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mehdi Nico Bouyakhf also recently made the following trade(s):

• On Friday, June 5th, Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00.

Birkenstock Trading Up 3.5%

BIRK stock traded up $1.52 during trading on Tuesday, hitting $45.18. The company had a trading volume of 1,988,103 shares, compared to its average volume of 2,580,617. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average price of $38.57 and a 200-day moving average price of $39.83. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $57.20. The stock has a market cap of $8.31 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 1.77 and a beta of 1.25.

Institutional Investors Weigh In On Birkenstock

Institutional investors have recently modified their holdings of the business. Bamco Inc. NY boosted its stake in Birkenstock by 41.9% during the 3rd quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock worth $287,509,000 after acquiring an additional 1,876,398 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Birkenstock by 11.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock worth $486,156,000 after acquiring an additional 1,264,841 shares during the last quarter. Holocene Advisors LP boosted its stake in Birkenstock by 239.3% during the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock worth $85,984,000 after acquiring an additional 1,233,085 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Birkenstock by 61.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock worth $126,534,000 after acquiring an additional 1,181,919 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new position in Birkenstock during the 4th quarter worth approximately $41,110,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BIRK. The Goldman Sachs Group reiterated a “buy” rating and set a $52.50 price target on shares of Birkenstock in a research report on Friday, May 22nd. Stifel Nicolaus set a $51.00 price target on shares of Birkenstock in a research report on Wednesday, May 13th. UBS Group reiterated a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. BTIG Research lowered their price target on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Finally, Wall Street Zen cut shares of Birkenstock from a “hold” rating to a “sell” rating in a research report on Saturday. Twelve analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $53.68.

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.