Dm Individual Aggregator, Llc Sells 105,362 Shares of Dutch Bros (NYSE:BROS) Stock

Dutch Bros Inc. (NYSE:BROS) major shareholder Dm Individual Aggregator, Llc sold 105,362 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $58.27, for a total value of $6,139,443.74. Following the sale, the insider directly owned 3,088,601 shares in the company, valued at approximately $179,972,780.27. This trade represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Dm Individual Aggregator, Llc also recently made the following trade(s):

• On Monday, June 1st, Dm Individual Aggregator, Llc sold 155,692 shares of Dutch Bros stock. The stock was sold at an average price of $58.26, for a total value of $9,070,615.92.
• On Thursday, May 28th, Dm Individual Aggregator, Llc sold 71,399 shares of Dutch Bros stock. The stock was sold at an average price of $56.16, for a total value of $4,009,767.84.
• On Wednesday, May 27th, Dm Individual Aggregator, Llc sold 189,655 shares of Dutch Bros stock. The stock was sold at an average price of $56.21, for a total value of $10,660,507.55.

Dutch Bros Stock Down 2.1%

Dutch Bros stock opened at $56.63 on Thursday. The firm has a market cap of $9.89 billion, a price-to-earnings ratio of 88.48, a price-to-earnings-growth ratio of 1.88 and a beta of 2.36. Dutch Bros Inc. has a 52 week low of $44.58 and a 52 week high of $77.88. The business’s 50-day moving average price is $53.50 and its 200 day moving average price is $55.71. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 0.21.

Dutch Bros (NYSE:BROS) last posted its earnings results on Wednesday, May 6th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. Dutch Bros had a return on equity of 9.42% and a net margin of 4.61%.The firm had revenue of $464.41 million for the quarter, compared to analyst estimates of $449.70 million. During the same period last year, the company earned $0.14 earnings per share. Dutch Bros’s revenue for the quarter was up 30.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Dutch Bros Inc. will post 0.84 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on the company. Morgan Stanley reissued an “overweight” rating and issued a $87.00 price objective on shares of Dutch Bros in a report on Thursday, May 7th. TD Cowen reissued a “buy” rating and issued a $73.00 price objective on shares of Dutch Bros in a report on Wednesday, May 20th. Wolfe Research assumed coverage on Dutch Bros in a report on Monday, March 9th. They issued an “outperform” rating and a $77.00 price objective on the stock. BNP Paribas Exane assumed coverage on Dutch Bros in a report on Monday, March 30th. They issued an “outperform” rating and a $73.00 price objective on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Dutch Bros in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Dutch Bros has an average rating of “Moderate Buy” and an average target price of $76.00.

Hedge Funds Weigh In On Dutch Bros

Hedge funds and other institutional investors have recently made changes to their positions in the company. Osterweis Capital Management Inc. purchased a new position in shares of Dutch Bros in the second quarter valued at approximately $27,000. Rakuten Securities Inc. lifted its position in shares of Dutch Bros by 557.4% in the second quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock valued at $31,000 after acquiring an additional 379 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new position in shares of Dutch Bros in the fourth quarter valued at approximately $31,000. Ankerstar Wealth LLC purchased a new position in shares of Dutch Bros in the fourth quarter valued at approximately $31,000. Finally, Quarry LP lifted its position in shares of Dutch Bros by 83.5% in the fourth quarter. Quarry LP now owns 600 shares of the company’s stock valued at $37,000 after acquiring an additional 273 shares in the last quarter. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Trending Headlines about Dutch Bros

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

• Positive Sentiment: UBS reportedly named Dutch Bros its favorite restaurant stock, reinforcing a bullish view on the company’s growth outlook and helping support sentiment around BROS. Dutch Bros is the favorite restaurant stock at UBS
• Positive Sentiment: Management highlighted an aggressive expansion plan at the William Blair Growth Stock Conference, with CEO comments pointing to a goal of 2,029 shops by 2029, which signals continued unit growth and market-share expansion. Dutch Bros Inc. (BROS) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Positive Sentiment: The company is also continuing geographic expansion, including plans to open its first central Ohio location this year, which supports the growth narrative investors have been rewarding. Dutch Bros to open first central Ohio location this year
• Neutral Sentiment: Recent conference comments and media coverage reinforce Dutch Bros’ long-term expansion strategy, but they did not add fresh financial results or near-term guidance changes. Dutch Bros conference transcript
• Negative Sentiment: Chairman Travis Boersma sold a large block of shares, which can weigh on investor confidence even though the trades were made under a pre-arranged 10b5-1 plan. SEC filing for Travis Boersma sale
• Negative Sentiment: Large shareholder Dm Individual Aggregator LLC also sold shares in multiple transactions, adding to the overhang from insider selling and potentially pressuring sentiment on BROS. SEC filing for Dm Individual Aggregator LLC sale

About Dutch Bros

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.