Jefferies Financial Group Inc. Sells 33,771 Shares of Birkenstock Holding PLC $BIRK

Jefferies Financial Group Inc. trimmed its position in Birkenstock Holding PLC (NYSE:BIRK) by 84.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 6,229 shares of the company’s stock after selling 33,771 shares during the period. Jefferies Financial Group Inc.’s holdings in Birkenstock were worth $255,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Morse Asset Management Inc bought a new position in Birkenstock in the 3rd quarter valued at $28,000. Quarry LP boosted its position in Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after buying an additional 492 shares during the last quarter. NewEdge Advisors LLC boosted its position in Birkenstock by 61.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after buying an additional 488 shares during the last quarter. Smartleaf Asset Management LLC bought a new position in Birkenstock in the 2nd quarter valued at $74,000. Finally, California State Teachers Retirement System boosted its position in Birkenstock by 67.3% in the 2nd quarter. California State Teachers Retirement System now owns 3,358 shares of the company’s stock valued at $165,000 after buying an additional 1,351 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the company. Seaport Research Partners upgraded Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Tuesday, April 14th. Zacks Research lowered Birkenstock from a “hold” rating to a “strong sell” rating in a research report on Friday, May 15th. Telsey Advisory Group decreased their price objective on Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. The Goldman Sachs Group reissued a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a research note on Friday, May 22nd. Finally, BTIG Research reduced their target price on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Thirteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Birkenstock has a consensus rating of “Moderate Buy” and an average price target of $53.68.

Birkenstock Trading Down 0.1%

Shares of NYSE BIRK opened at $45.02 on Monday. Birkenstock Holding PLC has a twelve month low of $31.12 and a twelve month high of $57.20. The stock has a market cap of $8.28 billion, a price-to-earnings ratio of 20.34, a P/E/G ratio of 1.81 and a beta of 1.24. 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 company’s fifty day moving average is $37.63 and its 200-day moving average is $39.70.

Birkenstock Profile

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.