Insider Buying: Black Rock Coffee Bar (NASDAQ:BRCB) Director Acquires $72,988,509.20 in Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) Director Cynosure Group, Llc acquired 13,642,712 shares of the business’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of $5.35 per share, for a total transaction of $72,988,509.20. Following the transaction, the director directly owned 19,915,304 shares in the company, valued at $106,546,876.40. The trade was a 217.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Black Rock Coffee Bar Stock Performance

Shares of Black Rock Coffee Bar stock opened at $6.58 on Friday. The stock’s fifty day moving average is $12.83 and its two-hundred day moving average is $17.18. The company has a market capitalization of $329.39 million and a PE ratio of -658.00. 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, Inc. has a 52 week low of $6.13 and a 52 week high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.02 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. As a group, analysts expect that Black Rock Coffee Bar, Inc. will post 0.26 earnings per share for the current year.

Institutional Investors Weigh In On Black Rock Coffee Bar

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. purchased a new stake in Black Rock Coffee Bar in the fourth quarter valued at about $29,000. Franklin Resources Inc. purchased a new stake in Black Rock Coffee Bar in the third quarter valued at about $36,000. Roxbury Financial LLC purchased a new stake in Black Rock Coffee Bar in the fourth quarter valued at about $39,000. FNY Investment Advisers LLC purchased a new stake in Black Rock Coffee Bar in the third quarter valued at about $50,000. Finally, Strs Ohio purchased a new stake in Black Rock Coffee Bar in the fourth quarter valued at about $65,000.

Analysts Set New Price Targets

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