Dm Individual Aggregator, Llc Sells 159,254 Shares of Dutch Bros Inc. (NYSE:BROS) Stock

Dutch Bros Inc. (NYSE:BROS - Get Free Report) major shareholder Dm Individual Aggregator, Llc sold 159,254 shares of the stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $66.82, for a total value of $10,641,352.28. Following the transaction, the insider now directly owns 1,940,245 shares in the company, valued at approximately $129,647,170.90. This represents a 7.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, May 21st, Dm Individual Aggregator, Llc sold 119,112 shares of Dutch Bros stock. The stock was sold at an average price of $65.95, for a total transaction of $7,855,436.40.
• On Tuesday, May 20th, Dm Individual Aggregator, Llc sold 155,322 shares of Dutch Bros stock. The stock was sold at an average price of $68.24, for a total transaction of $10,599,173.28.
• 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 value of $38,280,502.52.
• On Wednesday, February 26th, Dm Individual Aggregator, Llc sold 182,123 shares of Dutch Bros stock. The stock was 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 value of $19,629,891.49.

Dutch Bros Price Performance

NYSE:BROS traded up $0.56 during midday trading on Wednesday, hitting $70.71. 1,662,115 shares of the stock were exchanged, compared to its average volume of 3,178,184. Dutch Bros Inc. has a one year low of $26.96 and a one year high of $86.88. The company has a current ratio of 1.76, a quick ratio of 1.58 and a debt-to-equity ratio of 0.77. The business has a 50-day moving average price of $62.55 and a two-hundred day moving average price of $61.09. The company has a market capitalization of $11.63 billion, a price-to-earnings ratio of 207.98, a P/E/G ratio of 4.23 and a beta of 2.71.

Dutch Bros (NYSE:BROS - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.03. Dutch Bros had a net margin of 2.75% and a return on equity of 6.78%. The business had revenue of $355.15 million for the quarter, compared to the consensus estimate of $343.30 million. During the same period in the previous year, the firm earned $0.09 EPS. The business's revenue for the quarter was up 28.7% on a year-over-year basis. Sell-side analysts predict that Dutch Bros Inc. will post 0.57 EPS for the current year.

Institutional Trading of Dutch Bros

Several institutional investors and hedge funds have recently bought and sold shares of the stock. R Squared Ltd acquired a new stake in Dutch Bros during the 4th quarter valued at $25,000. Coppell Advisory Solutions LLC increased its position in Dutch Bros by 638.6% in the 4th quarter. Coppell Advisory Solutions LLC now owns 517 shares of the company's stock worth $27,000 after purchasing an additional 447 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in Dutch Bros in the first quarter worth approximately $31,000. Cullen Frost Bankers Inc. acquired a new position in shares of Dutch Bros during the 1st quarter worth $31,000. Finally, Banque Transatlantique SA acquired a new position in shares of Dutch Bros during the 1st quarter valued at about $38,000. Institutional investors and hedge funds own 85.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BROS. Wells Fargo & Company began coverage on Dutch Bros in a research note on Wednesday, March 26th. They issued an "overweight" rating and a $80.00 target price on the stock. Stifel Nicolaus cut their price objective on shares of Dutch Bros from $85.00 to $82.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Barclays lifted their price objective on shares of Dutch Bros from $76.00 to $82.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Morgan Stanley set a $80.00 price target on Dutch Bros and gave the company an "overweight" rating in a report on Monday, April 14th. Finally, UBS Group cut their price target on Dutch Bros from $90.00 to $80.00 and set a "buy" rating on the stock in a report on Monday, May 5th. One equities research analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $75.73.

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.