Bellring brands’ chief supply chain officer sells $312,356 in stock

Robin Singh, the Chief Supply Chain Officer at BellRing Brands, Inc. (NYSE:BRBR), recently sold 4,157 shares of the company’s common stock. The transaction, which took place on April 1, 2025, was executed at a weighted average price of $75.14 per share, totaling approximately $312,356. The sale comes as BRBR trades near its 52-week high of $80.67, having delivered an impressive 27% return over the past six months. According to InvestingPro analysis, the stock appears overvalued at current levels, trading at a P/E ratio of 35.6x. This sale was carried out under a pre-established Rule 10b5-1 trading plan that Singh adopted on December 6, 2024. Following the transaction, Singh holds 30,079 shares in the company. With a market capitalization of $9.86 billion, BellRing Brands has attracted positive attention from Wall Street, with analysts setting a high target of $94 per share. Discover more detailed valuation metrics and 13 additional exclusive insights with an InvestingPro subscription.

In other recent news, BellRing Brands reported impressive first-quarter results, with revenue rising nearly 24% and EBITDA jumping approximately 25% to $125.3 million, surpassing expectations and prompting Stifel to raise its price target to $83. The company also lifted its full-year forecasts for both revenue and EBITDA, anticipating growth between 13% and 17%. Mizuho (NYSE:MFG) Securities expressed confidence in BellRing’s performance by increasing the price target to $85, highlighting strong EBITDA results and the anticipated demand-generation activities in 2025. Meanwhile, Jefferies adjusted its price target to $86, maintaining a Buy rating, despite a perceived slower second half of the year due to shipment and cost phasing.

In addition, BellRing Brands’ Board approved a new share repurchase program, authorizing the buyback of up to $300 million of its common stock over the next two years. This follows previous repurchases totaling $151.7 million. Morgan Stanley (NYSE:MS) initiated coverage on BellRing Brands with an overweight rating, suggesting a price target of $84, driven by the company’s position in the convenient nutrition sector and potential for significant growth. The firm sees an opportunity for investors, citing a favorable risk-reward ratio. These developments reflect a robust growth trajectory for BellRing Brands, as highlighted by various analyst firms.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.