Birkenstock Holding PLC (NYSE:BIRK) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Birkenstock Holding PLC (NYSE:BIRK) have been assigned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $53.6786.

BIRK has been the subject of a number of recent analyst reports. The Goldman Sachs Group restated a “buy” rating and issued a $52.50 price objective on shares of Birkenstock in a research note on Friday, May 22nd. Zacks Research downgraded Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. Wall Street Zen downgraded Birkenstock from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. BTIG Research dropped their price target on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th.

Birkenstock Stock Up 5.6%

Shares of NYSE:BIRK opened at $48.82 on Friday. The company has a market capitalization of $8.98 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 1.93 and a beta of 1.25. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The business has a fifty day moving average price of $39.46 and a two-hundred day moving average price of $39.99. Birkenstock has a 1 year low of $31.12 and a 1 year high of $53.53.

Insider Buying and Selling at Birkenstock

In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares in the company, valued at approximately $2,572,706.71. This represents a 49.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in Birkenstock by 22.5% during the 4th quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock worth $37,835,000 after purchasing an additional 170,034 shares in the last quarter. Artisan Partners Limited Partnership lifted its holdings in Birkenstock by 15.0% during the 3rd quarter. Artisan Partners Limited Partnership now owns 887,432 shares of the company’s stock worth $40,156,000 after purchasing an additional 115,911 shares in the last quarter. Tabor Asset Management LP purchased a new stake in Birkenstock during the 3rd quarter worth about $2,327,000. Boothbay Fund Management LLC lifted its holdings in Birkenstock by 151.6% during the 3rd quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock worth $12,530,000 after purchasing an additional 166,860 shares in the last quarter. Finally, Exane Asset Management purchased a new stake in Birkenstock during the 4th quarter worth about $6,502,000. Institutional investors own 19.93% of the company’s stock.

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.