Insider Selling: Dutch Bros (NYSE:BROS) Chairman Sells 408,023 Shares of Company Stock

Dutch Bros Inc. (NYSE:BROS) Chairman Travis Boersma sold 408,023 shares of the business’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $44.03, for a total transaction of $17,965,252.69. Following the transaction, the chairman directly owned 2,218,068 shares of the company’s stock, valued at approximately $97,661,534.04. This represents a 15.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Travis Boersma also recently made the following trade(s):

• On Tuesday, October 20th, Travis Boersma sold 145,687 shares of Dutch Bros stock. The stock was sold at an average price of $44.01, for a total transaction of $6,411,684.87.

Dutch Bros Price Performance

Shares of NYSE:BROS traded down $1.06 on Friday, hitting $42.92. The stock had a trading volume of 3,494,170 shares, compared to its average volume of 4,297,296. The firm’s 50 day moving average price is $42.67 and its 200-day moving average price is $53.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.19 and a current ratio of 1.35. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of 59.61, a price-to-earnings-growth ratio of 1.34 and a beta of 2.31. Dutch Bros Inc. has a twelve month low of $36.51 and a twelve month high of $74.02.

Dutch Bros (NYSE:BROS) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.04. The firm had revenue of $550.85 million for the quarter, compared to the consensus estimate of $525.38 million. Dutch Bros had a return on equity of 10.01% and a net margin of 4.91%. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.26 EPS. On average, equities research analysts predict that Dutch Bros Inc. will post 0.88 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Stephens dropped their price target on shares of Dutch Bros from $80.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. Citigroup reduced their price objective on Dutch Bros from $86.00 to $69.00 and set a “buy” rating for the company in a report on Wednesday, October 21st. Morgan Stanley lowered their target price on shares of Dutch Bros from $88.00 to $71.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. UBS Group reduced their target price on Dutch Bros from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Royal Bank Of Canada lowered Dutch Bros from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $70.00 to $46.00 in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Dutch Bros presently has an average rating of “Moderate Buy” and an average target price of $66.44.

Trending Headlines about Dutch Bros

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint and is reportedly entering three additional cities. Continued unit growth supports the company’s long-term revenue opportunity, although expansion also requires substantial investment. Dutch Bros is expanding to 3 cities
• Positive Sentiment: Mizuho retained its “outperform” rating and set a revised $65 price target, which remains materially above the referenced share price. The continued bullish rating suggests the analyst sees growth potential despite the target reduction. Mizuho changes Dutch Bros price target
• Neutral Sentiment: Dutch Bros is attracting elevated attention on Zacks, but the report primarily recaps factors investors should monitor rather than announcing a new catalyst. Dutch Bros attracting investor attention
• Neutral Sentiment: Recent comparisons with Monster Beverage and Wendy’s focus on Dutch Bros’ faster expansion versus competitors’ profitability, distribution, or turnaround prospects. These articles may raise visibility but do not change the company’s fundamentals. Dutch Bros versus Monster Beverage
• Neutral Sentiment: The company raised $160,000 for an Oregon elementary school. The effort is favorable for community goodwill but is unlikely to materially affect earnings or valuation. Dutch Bros raises $160,000
• Negative Sentiment: Mizuho lowered its price target from $80 to $65. Although the analyst remains positive, the 19% target reduction may weigh on sentiment and signals more cautious expectations for valuation or growth. Mizuho lowers Dutch Bros price target
• Negative Sentiment: A vehicle crashed into the Fair Oaks location, temporarily closing the store. The incident appears isolated, but could cause short-term disruption and repair costs. Fair Oaks Dutch Bros closed after crash

Institutional Investors Weigh In On Dutch Bros

Large investors have recently modified their holdings of the company. Wellington Management Group LLP boosted its stake in shares of Dutch Bros by 38.0% during the 2nd quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock worth $221,956,000 after acquiring an additional 851,075 shares in the last quarter. Bank of America Corp DE boosted its stake in Dutch Bros by 33.4% in the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock valued at $91,939,000 after acquiring an additional 454,036 shares during the period. Wasatch Advisors LP grew its holdings in Dutch Bros by 17.8% in the 2nd quarter. Wasatch Advisors LP now owns 1,038,903 shares of the company’s stock worth $74,604,000 after buying an additional 157,098 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Dutch Bros by 3.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,204,326 shares of the company’s stock worth $60,994,000 after buying an additional 37,683 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Dutch Bros by 58.1% during the first quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company’s stock valued at $52,917,000 after purchasing an additional 384,011 shares during the last quarter. 85.54% of the stock is owned by institutional investors and hedge funds.

About Dutch Bros

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.

Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.

Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.