Dm Individual Aggregator, Llc Sells 107,307 Shares of Dutch Bros Inc. (NYSE:BROS) Stock

Dutch Bros Inc. (NYSE:BROS) major shareholder Dm Individual Aggregator, Llc sold 107,307 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $36.26, for a total value of $3,890,951.82. Following the transaction, the insider now owns 650,995 shares in the company, valued at $23,605,078.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 Wednesday, March 13th, Dm Individual Aggregator, Llc sold 102,292 shares of Dutch Bros stock. The stock was sold at an average price of $34.28, for a total value of $3,506,569.76.

Dutch Bros Stock Up 0.8 %

Shares of BROS stock traded up $0.28 during trading hours on Friday, reaching $34.54. The company had a trading volume of 471,959 shares, compared to its average volume of 2,203,325. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.98 and a current ratio of 2.29. Dutch Bros Inc. has a twelve month low of $22.67 and a twelve month high of $38.41. The company has a market capitalization of $6.12 billion, a P/E ratio of 192.57, a price-to-earnings-growth ratio of 5.45 and a beta of 2.43. The stock’s fifty day simple moving average is $32.31 and its 200 day simple moving average is $29.98.

Dutch Bros (NYSE:BROS) last issued its quarterly earnings results on Wednesday, February 21st. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The firm had revenue of $254.12 million during the quarter, compared to the consensus estimate of $254.80 million. Dutch Bros had a return on equity of 1.99% and a net margin of 1.21%. As a group, sell-side analysts expect that Dutch Bros Inc. will post 0.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BROS has been the topic of several recent analyst reports. Guggenheim reiterated a “neutral” rating and set a $30.00 target price on shares of Dutch Bros in a research report on Friday, April 5th. Stifel Nicolaus restated a “buy” rating and set a $40.00 price target on shares of Dutch Bros in a research note on Wednesday, April 3rd. Piper Sandler upgraded Dutch Bros from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $32.00 to $37.00 in a research note on Monday, March 4th. TD Cowen upgraded Dutch Bros from a “hold” rating to a “buy” rating and upped their price target for the stock from $33.00 to $46.00 in a research note on Friday, May 10th. Finally, William Blair restated an “outperform” rating on shares of Dutch Bros in a research note on Thursday, February 22nd. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Dutch Bros presently has an average rating of “Moderate Buy” and a consensus target price of $37.33.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BROS. Transcendent Capital Group LLC bought a new position in Dutch Bros during the 1st quarter worth approximately $26,000. DekaBank Deutsche Girozentrale bought a new position in Dutch Bros during the 4th quarter worth approximately $40,000. Avior Wealth Management LLC lifted its holdings in Dutch Bros by 1,610.7% during the 4th quarter. Avior Wealth Management LLC now owns 1,283 shares of the company’s stock worth $41,000 after buying an additional 1,208 shares during the last quarter. Allworth Financial LP lifted its holdings in Dutch Bros by 41.8% during the 4th quarter. Allworth Financial LP now owns 1,598 shares of the company’s stock worth $51,000 after buying an additional 471 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings in Dutch Bros by 31.1% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 2,490 shares of the company’s stock worth $79,000 after buying an additional 590 shares during the last quarter. Hedge funds and other institutional investors own 85.54% of the company’s stock.

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.