Dutch Bros Inc. (NYSE:BROS) Major Shareholder Dm Individual Aggregator, Llc Sells 119,112 Shares

Dutch Bros Inc. (NYSE:BROS) major shareholder Dm Individual Aggregator, Llc sold 119,112 shares of the business’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $65.95, for a total value of $7,855,436.40. Following the transaction, the insider now owns 2,099,499 shares of the company’s stock, valued at approximately $138,461,959.05. The trade was a 5.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more 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 Thursday, May 22nd, Dm Individual Aggregator, Llc sold 159,254 shares of Dutch Bros stock. The stock was sold at an average price of $66.82, for a total value of $10,641,352.28.
• 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 value 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 Trading Down 0.8%

Shares of BROS stock opened at $67.89 on Friday. The stock has a market capitalization of $10.47 billion, a PE ratio of 199.68, a P/E/G ratio of 4.23 and a beta of 2.71. Dutch Bros Inc. has a 1-year low of $26.96 and a 1-year high of $86.88. The business has a 50-day moving average of $62.42 and a 200 day moving average of $60.59. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.76 and a quick ratio of 1.58.

Dutch Bros (NYSE:BROS) last issued its earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. The company had revenue of $355.15 million during the quarter, compared to analysts’ expectations of $343.30 million. Dutch Bros had a return on equity of 6.78% and a net margin of 2.75%. Dutch Bros’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.09 EPS. As a group, sell-side analysts anticipate that Dutch Bros Inc. will post 0.57 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. TD Securities reiterated a “buy” rating and set a $78.00 price objective on shares of Dutch Bros in a research report on Thursday, May 8th. JPMorgan Chase & Co. increased their price objective on Dutch Bros from $58.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, February 13th. Guggenheim increased their price objective on Dutch Bros from $54.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, March 31st. Bank of America increased their price objective on Dutch Bros from $61.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Finally, Wedbush reiterated an “outperform” rating and set a $90.00 price objective on shares of Dutch Bros in a research report on Monday, March 31st. One analyst has rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $75.73.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. R Squared Ltd bought a new position in Dutch Bros during the 4th quarter valued at approximately $25,000. Coppell Advisory Solutions LLC raised its position in Dutch Bros by 638.6% during the 4th quarter. Coppell Advisory Solutions LLC now owns 517 shares of the company’s stock valued at $27,000 after purchasing an additional 447 shares during the last quarter. AdvisorNet Financial Inc bought a new position in Dutch Bros during the 1st quarter valued at approximately $31,000. Cullen Frost Bankers Inc. bought a new position in Dutch Bros during the 1st quarter valued at approximately $31,000. Finally, Banque Transatlantique SA bought a new position in Dutch Bros during the 1st quarter valued at approximately $38,000. 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.