Mehdi Nico Bouyakhf Sells 60,000 Shares of Birkenstock (NYSE:BIRK) Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $42.07, for a total value of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares of the company’s stock, valued at approximately $2,572,706.71. The trade was a 49.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mehdi Nico Bouyakhf also recently made the following trade(s):

• On Monday, June 8th, Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock. The shares were sold at an average price of $43.50, for a total value of $1,305,000.00.

Birkenstock Trading Down 2.6%

BIRK opened at $44.05 on Thursday. The stock has a market cap of $8.10 billion, a PE ratio of 19.89, a PEG ratio of 1.89 and a beta of 1.25. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45. The business has a 50 day moving average of $38.99 and a 200-day moving average of $39.89. Birkenstock Holding PLC has a 52 week low of $31.12 and a 52 week high of $56.24.

Hedge Funds Weigh In On Birkenstock

A number of hedge funds have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. raised its holdings in Birkenstock by 11.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock worth $486,156,000 after acquiring an additional 1,264,841 shares during the last quarter. Bamco Inc. NY raised its stake in shares of Birkenstock by 25.4% in the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock worth $325,811,000 after purchasing an additional 1,612,236 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Birkenstock by 30.9% in the first quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock worth $145,078,000 after purchasing an additional 956,167 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Birkenstock by 0.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock worth $120,672,000 after purchasing an additional 25,585 shares during the last quarter. Finally, Morgan Stanley raised its stake in shares of Birkenstock by 25.1% in the fourth quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock worth $114,427,000 after purchasing an additional 562,188 shares during the last quarter. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on BIRK shares. Morgan Stanley set a $41.00 target price on Birkenstock in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $52.50 price objective on shares of Birkenstock in a research report on Friday, May 22nd. Stifel Nicolaus set a $51.00 price objective on Birkenstock in a research report on Wednesday, May 13th. Finally, Telsey Advisory Group reduced their price objective on Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Twelve analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $53.68.

Birkenstock Company Profile

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.