Dm Individual Aggregator, Llc Sells 155,322 Shares of Dutch Bros Inc. (NYSE:BROS) Stock

Dutch Bros Inc. (NYSE:BROS) major shareholder Dm Individual Aggregator, Llc sold 155,322 shares of the stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $68.24, for a total value of $10,599,173.28. Following the transaction, the insider now directly owns 2,218,611 shares in the company, valued at $151,398,014.64. The trade was a 6.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, May 19th, Dm Individual Aggregator, Llc sold 531,526 shares of Dutch Bros stock. The stock was sold at an average price of $72.02, for a total transaction of $38,280,502.52.
• On Wednesday, February 26th, Dm Individual Aggregator, Llc sold 182,123 shares of Dutch Bros stock. The shares were sold at an average price of $75.91, for a total value of $13,824,956.93.
• On Monday, February 24th, Dm Individual Aggregator, Llc sold 262,537 shares of Dutch Bros stock. The stock was sold at an average price of $74.77, for a total transaction of $19,629,891.49.
• On Friday, February 21st, Dm Individual Aggregator, Llc sold 291,707 shares of Dutch Bros stock. The shares were sold at an average price of $77.73, for a total value of $22,674,385.11.

Dutch Bros Stock Performance

Shares of BROS stock opened at $64.89 on Thursday. Dutch Bros Inc. has a 52-week low of $26.96 and a 52-week high of $86.88. The company has a quick ratio of 1.58, a current ratio of 1.76 and a debt-to-equity ratio of 0.77. The stock has a market cap of $10.01 billion, a PE ratio of 190.86, a price-to-earnings-growth ratio of 4.23 and a beta of 2.71. The business has a 50-day simple moving average of $62.20 and a 200-day simple moving average of $60.11.

Dutch Bros (NYSE:BROS) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The business had revenue of $355.15 million for the quarter, compared to analyst estimates of $343.30 million. Dutch Bros had a return on equity of 6.78% and a net margin of 2.75%. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.09 EPS. On average, equities analysts expect that Dutch Bros Inc. will post 0.57 EPS for the current year.

Wall Street Analyst Weigh In

BROS has been the subject of several recent analyst reports. Wedbush reissued an “outperform” rating and issued a $90.00 price target on shares of Dutch Bros in a report on Monday, March 31st. TD Securities reiterated a “buy” rating and issued a $78.00 target price on shares of Dutch Bros in a research note on Thursday, May 8th. Robert W. Baird raised their price target on shares of Dutch Bros from $66.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, May 8th. Morgan Stanley set a $80.00 price objective on shares of Dutch Bros and gave the stock an “overweight” rating in a research note on Monday, April 14th. Finally, Royal Bank of Canada assumed coverage on Dutch Bros in a research report on Wednesday, May 14th. They issued an “outperform” rating and a $83.00 target price on the stock. One research analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Dutch Bros currently has an average rating of “Buy” and an average price target of $75.73.

Institutional Trading of Dutch Bros

Hedge funds have recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Dutch Bros in the fourth quarter valued at $25,000. Coppell Advisory Solutions LLC boosted its position in Dutch Bros by 638.6% during the fourth quarter. Coppell Advisory Solutions LLC now owns 517 shares of the company’s stock worth $27,000 after purchasing an additional 447 shares in the last quarter. AdvisorNet Financial Inc purchased a new position in Dutch Bros during the first quarter worth approximately $31,000. Cullen Frost Bankers Inc. acquired a new stake in Dutch Bros in the first quarter valued at approximately $31,000. Finally, Banque Transatlantique SA acquired a new stake in Dutch Bros in the first quarter valued at approximately $38,000. 85.54% of the stock is owned by hedge funds and other institutional investors.

Dutch Bros Company Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.