Birkenstock Holding PLC $BIRK Shares Purchased by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd boosted its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 16.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 278,020 shares of the company’s stock after acquiring an additional 38,563 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Birkenstock were worth $11,371,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Morse Asset Management Inc acquired a new stake in Birkenstock in the 3rd quarter valued at about $28,000. Kestra Advisory Services LLC acquired a new stake in Birkenstock in the 4th quarter valued at about $42,000. Quarry LP grew its stake in Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after acquiring an additional 492 shares during the last quarter. GW&K Investment Management LLC grew its stake in Birkenstock by 77.4% in the 4th quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock valued at $46,000 after acquiring an additional 486 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Birkenstock by 61.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after acquiring an additional 488 shares during the last quarter. 19.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the sale, the insider directly owned 31,153 shares of the company’s stock, valued at $1,355,155.50. This trade represents a 49.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $52.50 price objective on shares of Birkenstock in a research note on Friday, May 22nd. Seaport Research Partners raised shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Zacks Research cut shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. Finally, Telsey Advisory Group decreased their price target on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $53.68.

Birkenstock Price Performance

Birkenstock stock opened at $48.97 on Wednesday. Birkenstock Holding PLC has a 12-month low of $31.12 and a 12-month high of $53.53. The stock has a market capitalization of $9.01 billion, a P/E ratio of 22.12, a P/E/G ratio of 2.01 and a beta of 1.25. The firm’s 50-day moving average is $40.01 and its two-hundred day moving average is $40.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19.

About Birkenstock

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.