Dutch Bros (NYSE:BROS) Major Shareholder Dm Individual Aggregator, Llc Sells 189,655 Shares

Key Points

• Major shareholder Dm Individual Aggregator, LLC sold 189,655 Dutch Bros shares on May 27 at an average price of $56.21, totaling about $10.66 million. The sale reduced its stake by 5.49% and was made under a pre-arranged Rule 10b5-1 plan.
• Dutch Bros recently reported solid quarterly results, with EPS of $0.16 matching estimates and revenue of $464.41 million coming in above expectations. Revenue also rose 30.7% year over year, and analysts now expect full-year EPS of 0.83.
• Wall Street remains broadly positive on BROS, with several firms raising price targets and the consensus rating sitting at “Moderate Buy” with a $76 target. The stock was also trading near $58, above its 50-day and 200-day moving averages.

Dutch Bros Inc. (NYSE:BROS - Get Free Report) major shareholder Dm Individual Aggregator, Llc sold 189,655 shares of Dutch Bros stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $56.21, for a total transaction of $10,660,507.55. Following the completion of the sale, the insider owned 3,265,362 shares of the company's stock, valued at approximately $183,545,998.02. The trade was a 5.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, May 28th, Dm Individual Aggregator, Llc sold 71,399 shares of Dutch Bros stock. The shares were sold at an average price of $56.16, for a total transaction of $4,009,767.84.

Dutch Bros Price Performance

Shares of NYSE BROS traded up $1.44 during midday trading on Friday, reaching $58.00. The company's stock had a trading volume of 3,787,324 shares, compared to its average volume of 4,704,018. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.19 and a current ratio of 1.33. Dutch Bros Inc. has a fifty-two week low of $44.58 and a fifty-two week high of $77.88. The business's 50 day moving average price is $52.96 and its two-hundred day moving average price is $55.67. The company has a market cap of $10.13 billion, a P/E ratio of 90.62, a P/E/G ratio of 1.82 and a beta of 2.40.

Dutch Bros (NYSE:BROS - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share for the quarter, meeting analysts' consensus estimates of $0.16. Dutch Bros had a net margin of 4.61% and a return on equity of 9.42%. The company had revenue of $464.41 million during the quarter, compared to the consensus estimate of $449.70 million. During the same period in the previous year, the business earned $0.14 earnings per share. The firm's quarterly revenue was up 30.7% on a year-over-year basis. On average, analysts forecast that Dutch Bros Inc. will post 0.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on BROS. KeyCorp boosted their price objective on shares of Dutch Bros from $77.00 to $79.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. The Goldman Sachs Group upgraded shares of Dutch Bros from a "neutral" rating to a "buy" rating and set a $75.00 price objective for the company in a research report on Monday, March 2nd. Citigroup boosted their price objective on shares of Dutch Bros from $84.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, May 7th. TD Cowen restated a "buy" rating and set a $73.00 price objective on shares of Dutch Bros in a research report on Wednesday, May 20th. Finally, Morgan Stanley restated an "overweight" rating and set a $87.00 price objective on shares of Dutch Bros in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $76.00.

Institutional Trading of Dutch Bros

Hedge funds and other institutional investors have recently modified their holdings of the stock. Osterweis Capital Management Inc. bought a new stake in shares of Dutch Bros during the second quarter worth $27,000. Brown Lisle Cummings Inc. bought a new stake in shares of Dutch Bros during the fourth quarter worth $31,000. Rakuten Securities Inc. grew its stake in shares of Dutch Bros by 557.4% during the second quarter. Rakuten Securities Inc. now owns 447 shares of the company's stock worth $31,000 after buying an additional 379 shares during the last quarter. Ankerstar Wealth LLC bought a new stake in shares of Dutch Bros during the fourth quarter worth $31,000. Finally, Quarry LP grew its stake in shares of Dutch Bros by 83.5% during the fourth quarter. Quarry LP now owns 600 shares of the company's stock worth $37,000 after buying an additional 273 shares during the last quarter. Institutional investors own 85.54% of the company's stock.

Dutch Bros News Roundup

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

• Positive Sentiment: Dutch Bros is speeding up store openings, which supports a stronger long-term growth outlook and suggests better execution on expansion plans. Will Accelerating Store Openings Strengthen Dutch Bros' Growth Path?
• Positive Sentiment: New store announcements across multiple states reinforce Dutch Bros’ ability to expand its footprint and increase future sales opportunities. Dutch Bros Coffee to open first Macon location this summer
• Positive Sentiment: The opening of the 10th Albuquerque location highlights continued demand in established markets and sustained brand momentum. Dutch Bros opens 10th Albuquerque location
• Neutral Sentiment: Management is set to participate in an upcoming investor conference, which could provide more color on growth plans but is not a direct operational catalyst. Dutch Bros Inc. to Participate in Upcoming Investor Conference

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.

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