Mehdi Nico Bouyakhf Sells 30,000 Shares of Birkenstock (NYSE:BIRK) Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the transaction, the insider directly owned 31,153 shares in the company, valued at $1,355,155.50. The trade was a 49.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, June 5th, Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00.

Birkenstock Trading Up 3.5%

Birkenstock stock traded up $1.52 during midday trading on Tuesday, hitting $45.18. 1,988,103 shares of the stock were exchanged, compared to its average volume of 2,580,617. The company has a fifty day simple moving average of $38.57 and a two-hundred day simple moving average of $39.83. Birkenstock Holding PLC has a 52 week low of $31.12 and a 52 week high of $57.20. The stock has a market capitalization of $8.31 billion, a PE ratio of 20.41, a P/E/G ratio of 1.77 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.

Wall Street Analyst Weigh In

BIRK has been the topic of several recent analyst reports. Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. UBS Group reaffirmed a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Zacks Research lowered shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. The Goldman Sachs Group reiterated a “buy” rating and issued a $52.50 price target on shares of Birkenstock in a report on Friday, May 22nd. Finally, Wall Street Zen cut shares of Birkenstock from a “hold” rating to a “sell” rating in a report on Saturday. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Birkenstock currently has a consensus rating of “Moderate Buy” and an average price target of $53.68.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Morse Asset Management Inc acquired a new position in shares of Birkenstock in the third quarter valued at approximately $28,000. Parallel Advisors LLC boosted its holdings in shares of Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after buying an additional 697 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Birkenstock by 125.9% in the first quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock valued at $28,000 after buying an additional 428 shares during the period. Quarry LP boosted its holdings in shares of Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after buying an additional 492 shares during the period. Finally, Kestra Advisory Services LLC acquired a new position in shares of Birkenstock in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

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.