JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Robert Vitale, a director at BellRing Brands Inc. (NYSE:BRBR), recently sold 5,100 shares of the company’s common stock. The transaction comes as the company’s stock has shown remarkable strength, with InvestingPro data showing a 40% surge over the past six months and the stock trading near its 52-week high of $80.67. The shares were sold at an average price of approximately $75.30, totaling $384,030. Following this transaction, Vitale retains direct ownership of 1,166,691 shares in the $9.76 billion market cap company, which has maintained strong financial health with a current ratio of 3.35 and impressive revenue growth of 21% in the latest quarter.
The sale was executed to cover tax obligations related to the vesting of performance-based and time-based restricted stock units previously granted to Vitale. Additionally, Vitale holds indirect ownership through a family trust, with 132,483 shares and 166,021 shares respectively held by the trust and his spouse. For a comprehensive analysis of BRBR’s valuation and 12 additional key insights, investors can access the detailed Pro Research Report available on InvestingPro.
In other recent news, BellRing Brands has been the subject of several analysts’ reports. Mizuho (NYSE:MFG) Securities increased the price target on BellRing Brands to $85 from $80, maintaining an Outperform rating, following a strong first-quarter performance. The company’s Premier shakes and Dymatize sales growth, bolstered by international market presence, contributed to the positive outlook.
Simultaneously, Stifel analysts raised their target for BellRing Brands to $83 from $81, keeping a Buy rating. The upgrade came in response to the company’s robust first-quarter performance, with revenue and EBITDA surpassing expectations. BellRing Brands also revised its FY25 revenue and EBITDA outlook upward, reflecting a solid start to the year.
Jefferies, on the other hand, maintained a Buy rating on BellRing Brands but reduced the price target to $86 from $90. Despite an anticipated slower second half of the year due to known shipment and cost phasing, Jefferies highlighted strong consumption trends indicating a healthy underlying demand for BellRing Brands’ products.
DA Davidson reiterated its Neutral rating on BellRing Brands, maintaining a $90 price target. The company’s success in the ready-to-drink shakes market was noted, although the analyst expressed caution regarding the stock’s potential for further gains.
Lastly, Stifel analysts reiterated their Buy rating on BellRing Brands shares, maintaining a price target of $81. This was followed by the company’s strong first-quarter financial results for fiscal year 2025, including a 25% increase in EBITDA and a 23.8% growth in revenue. BellRing has upgraded its full-year 2025 guidance following these robust results.
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