Cynosure Group, Llc Buys 13,642,712 Shares of Black Rock Coffee Bar (NASDAQ:BRCB) Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) Director Cynosure Group, Llc bought 13,642,712 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of $5.35 per share, with a total value of $72,988,509.20. Following the acquisition, the director directly owned 19,915,304 shares of the company’s stock, valued at approximately $106,546,876.40. This represents a 217.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Black Rock Coffee Bar Price Performance

Shares of Black Rock Coffee Bar stock traded down $0.23 during trading hours on Tuesday, reaching $6.68. 646,802 shares of the company’s stock were exchanged, compared to its average volume of 542,072. Black Rock Coffee Bar, Inc. has a 1 year low of $6.64 and a 1 year high of $30.40. The company has a market capitalization of $334.37 million and a P/E ratio of -668.00. The business has a fifty day moving average of $13.21 and a two-hundred day moving average of $17.45. The company has a quick ratio of 0.77, a current ratio of 0.87 and a debt-to-equity ratio of 0.25.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $55.45 million for the quarter. As a group, research analysts predict that Black Rock Coffee Bar, Inc. will post 0.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

BRCB has been the subject of a number of research reports. DA Davidson dropped their target price on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Raymond James Financial dropped their target price on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Morgan Stanley dropped their target price on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Finally, Stifel Nicolaus dropped their price objective on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Black Rock Coffee Bar currently has an average rating of “Moderate Buy” and a consensus price target of $18.75.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BRCB. Ares Management LLC acquired a new stake in shares of Black Rock Coffee Bar during the third quarter worth about $5,981,000. Federated Hermes Inc. acquired a new stake in shares of Black Rock Coffee Bar during the third quarter worth about $2,982,000. Monashee Investment Management LLC acquired a new stake in shares of Black Rock Coffee Bar during the third quarter worth about $2,386,000. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Black Rock Coffee Bar during the third quarter worth about $4,023,000. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Black Rock Coffee Bar during the third quarter worth about $1,718,000.

Black Rock Coffee Bar Company Profile

Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.