Dutch Bros (NYSE:BROS) Sets New 12-Month Low Following Insider Selling

Dutch Bros Inc. (NYSE:BROS) reached a new 52-week low during trading on Thursday after an insider sold shares in the company. The company traded as low as $36.06 and last traded at $36.1540, with a volume of 1,244,783 shares traded. The stock had previously closed at $43.99.

Specifically, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $44.73, for a total value of $16,070,773.32. Following the transaction, the insider directly owned 1,366,580 shares of the company’s stock, valued at $61,127,123.40. This represents a 20.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Dm Individual Aggregator, Llc sold 137,060 shares of the company’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $44.06, for a total value of $6,038,863.60. Following the completion of the transaction, the insider directly owned 1,725,864 shares in the company, valued at approximately $76,041,567.84. The trade was a 7.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other news, major shareholder Dm Individual Aggregator, Llc sold 335,136 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $44.55, for a total transaction of $14,930,308.80. Following the completion of the sale, the insider owned 1,862,924 shares of the company’s stock, valued at approximately $82,993,264.20. This trade represents a 15.25% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BROS. Jefferies Financial Group dropped their price target on shares of Dutch Bros from $75.00 to $60.00 and set an “overweight” rating for the company in a research note on Tuesday, September 29th. Raymond James Financial set a $59.00 price objective on shares of Dutch Bros in a report on Friday, September 18th. Oppenheimer reissued a “positive” rating on shares of Dutch Bros in a research report on Wednesday, September 30th. Mizuho set a $55.00 target price on shares of Dutch Bros in a research report on Thursday. Finally, TD Cowen cut their target price on shares of Dutch Bros from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Dutch Bros presently has an average rating of “Moderate Buy” and a consensus price target of $63.46.

More Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Third-quarter adjusted earnings were $0.25 per share, above the $0.24 consensus, while revenue of $549.8 million edged past estimates and grew 29.8% year over year. Dutch Bros Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Dutch Bros is planning about 250 system shop openings in 2027 and expects at least $2.1 billion in 2026 revenue. Reports also point to hot food and delivery plans for 2027, offering potential avenues for growth. Dutch Bros revenue and shop-opening plans
• Neutral Sentiment: Stephens lowered its target from $65 to $47 but kept an Overweight rating; TD Cowen cut its target from $55 to $50 and maintained Buy. Both targets remain above the referenced $43.90 share price. Analysts cut forecasts after Q3 results
• Negative Sentiment: Slowing Q3 traffic and a narrowed sales forecast—reported as below Wall Street expectations—appear to have outweighed the earnings beat and fueled investor concern about near-term growth. Dutch Bros Q3 traffic slows and outlook is trimmed
• Negative Sentiment: Chairman Travis Boersma sold roughly 2.39 million shares for about $106 million across three days. The sales were made under a pre-arranged Rule 10b5-1 plan, but their size may still weigh on sentiment. Dutch Bros insider trades

Dutch Bros Trading Down 17.5%

The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 50.43, a P/E/G ratio of 1.36 and a beta of 1.97. The business’s fifty day simple moving average is $42.11 and its 200 day simple moving average is $53.16. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.35 and a quick ratio of 1.19.

Dutch Bros (NYSE:BROS) last released its earnings results on Wednesday, November 4th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $549.84 million during the quarter, compared to analyst estimates of $548.27 million. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm’s revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.19 earnings per share. On average, research analysts predict that Dutch Bros Inc. will post 0.88 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Ancora Advisors LLC acquired a new stake in Dutch Bros during the second quarter worth about $29,000. GK Wealth Management LLC acquired a new position in Dutch Bros in the third quarter valued at approximately $56,000. State of Wyoming acquired a new position in Dutch Bros in the third quarter valued at approximately $66,000. Archer Investment Corp acquired a new position in Dutch Bros in the second quarter valued at approximately $101,000. Finally, Fulcrum Asset Management LLP acquired a new position in Dutch Bros in the third quarter valued at approximately $109,000. 85.54% of the stock is owned by institutional investors and hedge funds.

Dutch Bros Company Profile

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.

Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.

Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.