Dm Individual Aggregator, Llc Sells 262,537 Shares of Dutch Bros Inc. (NYSE:BROS) Stock

Dutch Bros Inc. (NYSE:BROS) major shareholder Dm Individual Aggregator, Llc sold 262,537 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $74.77, for a total transaction of $19,629,891.49. Following the completion of the transaction, the insider now owns 2,640,779 shares of the company’s stock, valued at $197,451,045.83. This represents a 9.04 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Dm Individual Aggregator, Llc also recently made the following trade(s):

• On Friday, February 21st, Dm Individual Aggregator, Llc sold 291,707 shares of Dutch Bros stock. The shares were sold at an average price of $77.73, for a total transaction of $22,674,385.11.

Dutch Bros Stock Down 3.9 %

NYSE:BROS traded down $2.92 during mid-day trading on Tuesday, hitting $72.39. The company had a trading volume of 640,343 shares, compared to its average volume of 3,059,158. The business has a fifty day simple moving average of $62.25 and a 200-day simple moving average of $46.81. The firm has a market capitalization of $11.16 billion, a price-to-earnings ratio of 212.93, a PEG ratio of 4.23 and a beta of 2.73. Dutch Bros Inc. has a 1 year low of $26.85 and a 1 year high of $86.88. The company has a current ratio of 1.76, a quick ratio of 1.58 and a debt-to-equity ratio of 0.77.

Institutional Trading of Dutch Bros

Several large investors have recently bought and sold shares of BROS. Creative Planning boosted its stake in shares of Dutch Bros by 62.3% in the third quarter. Creative Planning now owns 12,451 shares of the company’s stock valued at $399,000 after purchasing an additional 4,778 shares during the period. Private Advisor Group LLC lifted its holdings in Dutch Bros by 269.1% in the 3rd quarter. Private Advisor Group LLC now owns 24,924 shares of the company’s stock worth $798,000 after buying an additional 18,171 shares in the last quarter. Hedges Asset Management LLC boosted its position in Dutch Bros by 28.1% in the 3rd quarter. Hedges Asset Management LLC now owns 11,400 shares of the company’s stock valued at $365,000 after buying an additional 2,500 shares during the last quarter. US Bancorp DE grew its stake in shares of Dutch Bros by 8.9% during the third quarter. US Bancorp DE now owns 11,224 shares of the company’s stock valued at $360,000 after acquiring an additional 922 shares in the last quarter. Finally, Stephens Inc. AR purchased a new stake in shares of Dutch Bros during the third quarter worth about $209,000. Institutional investors and hedge funds own 85.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on BROS shares. Baird R W upgraded Dutch Bros from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. William Blair reiterated an “outperform” rating on shares of Dutch Bros in a report on Tuesday, December 17th. TD Cowen boosted their price target on Dutch Bros from $47.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Wedbush increased their price objective on Dutch Bros from $65.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Finally, TD Securities boosted their target price on shares of Dutch Bros from $65.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $74.83.

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.