Insider Selling: Birkenstock (NYSE:BIRK) Insider Sells $2,524,200.00 in Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 60,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were 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 $2,572,706.71. This represents a 49.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Mehdi Nico Bouyakhf also recently made the following trade(s):

• On Monday, June 8th, Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock. The stock was sold at an average price of $43.50, for a total transaction of $1,305,000.00.

Birkenstock Stock Performance

Shares of Birkenstock stock opened at $46.21 on Friday. The firm has a fifty day moving average of $39.20 and a two-hundred day moving average of $39.93. The stock has a market capitalization of $8.50 billion, a price-to-earnings ratio of 20.87, a PEG ratio of 1.84 and a beta of 1.25. Birkenstock Holding PLC has a 52 week low of $31.12 and a 52 week high of $54.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Telsey Advisory Group reduced their target price on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Morgan Stanley set a $41.00 price target on Birkenstock in a research note on Thursday, May 14th. Piper Sandler reiterated an “overweight” rating and issued a $55.00 price target (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Wall Street Zen lowered shares of Birkenstock from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Finally, Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a report on Wednesday, May 13th. Twelve research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.68.

Hedge Funds Weigh In On Birkenstock

Several institutional investors have recently modified their holdings of the business. Parallel Advisors LLC lifted its stake in Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after buying an additional 697 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Birkenstock by 125.9% during the first quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after acquiring an additional 428 shares in the last quarter. Morse Asset Management Inc acquired a new stake in shares of Birkenstock during the third quarter worth $28,000. Kestra Advisory Services LLC acquired a new stake in shares of Birkenstock during the fourth quarter worth $42,000. Finally, Quarry LP lifted 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 acquiring an additional 492 shares in the last quarter. Institutional investors own 19.93% of the company’s stock.

Birkenstock Company 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.