Insider Selling: Birkenstock (NYSE:BIRK) Insider Sells $1,305,000.00 in Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction 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 transaction, the insider directly owned 31,153 shares in the company, valued at approximately $1,355,155.50. The trade was a 49.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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 shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00.

Birkenstock Price Performance

BIRK opened at $46.21 on Friday. Birkenstock Holding PLC has a twelve month low of $31.12 and a twelve month high of $54.00. The firm has a market cap of $8.50 billion, a price-to-earnings ratio of 20.87, a PEG ratio of 1.84 and a beta of 1.25. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. The company has a fifty day simple moving average of $39.20 and a 200 day simple moving average of $39.93.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. increased its holdings in shares of Birkenstock by 11.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after acquiring an additional 1,264,841 shares during the last quarter. Bamco Inc. NY boosted its holdings in Birkenstock by 25.4% in the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock worth $325,811,000 after purchasing an additional 1,612,236 shares during the period. Dimensional Fund Advisors LP increased its stake in Birkenstock by 30.9% during the first quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock valued at $145,078,000 after purchasing an additional 956,167 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Birkenstock by 0.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock valued at $120,672,000 after purchasing an additional 25,585 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of Birkenstock by 25.1% during the fourth quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock worth $114,427,000 after purchasing an additional 562,188 shares during the period. Institutional investors and hedge funds own 19.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on BIRK shares. Seaport Research Partners raised Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price on the stock in a research report on Tuesday, April 14th. Piper Sandler restated an “overweight” rating and set a $55.00 price objective (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. Stifel Nicolaus set a $51.00 price objective on Birkenstock in a report on Wednesday, May 13th. Telsey Advisory Group reduced their target price on Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $41.00 price target on shares of Birkenstock in a research report on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.