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Travis Boersma, the Executive Chairman of the Board at Dutch Bros Inc. (NYSE:BROS), recently sold a significant portion of his holdings in the company. According to the latest SEC filings, Boersma divested shares worth approximately $63.8 million over two days, February 25 and 26, 2025. The sale comes as Dutch Bros stock has shown remarkable strength, delivering a 137% return over the past six months. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with a market capitalization of $5.57 billion.
The transactions involved the sale of Class A Common Stock across multiple trades. On February 25, Boersma sold shares totaling $39.2 million, with prices per share ranging from $72.854 to $76.6714. The following day, February 26, additional sales amounted to $24.6 million, with the same price range per share. Despite the insider selling, analysts maintain a bullish outlook on BROS, with a consensus "Strong Buy" recommendation and price targets ranging from $54 to $100 per share.
These sales were executed through DM Trust Aggregator, LLC and DM Individual Aggregator, LLC, entities associated with Boersma. Following these transactions, Boersma continues to hold a substantial number of shares in Dutch Bros Inc. For deeper insights into insider trading patterns and comprehensive analysis, including 18 additional ProTips and detailed valuation metrics, visit InvestingPro, where you’ll find the complete Pro Research Report for Dutch Bros.
In other recent news, Dutch Bros Inc. has seen significant developments, notably in its financial outlook and corporate strategy. Analysts from UBS, Stifel, JPMorgan, and TD Cowen have all raised their price targets for the company, reflecting strong confidence in its growth trajectory. UBS increased its target to $90, citing the company’s robust same-store sales and strategic plans expected to drive growth through 2025 and 2026. Stifel raised its target to $74, highlighting the durability of Dutch Bros’ sales layers and potential new food platform. JPMorgan set a new target of $80, emphasizing Dutch Bros’ successful implementation of initiatives like Mobile Order and Pay and its strategic marketing efforts.
TD Cowen raised its price target to $89, expressing confidence in the company’s potential for positive free cash flow in 2025. Dutch Bros’ fourth-quarter results have been a focal point, with impressive same-store sales growth and improved margins drawing attention from analysts. The company is also planning to open over 160 new shops, with capital expenditure guidance set between $240 and $260 million. Additionally, Dutch Bros has appointed Kory Marchisotto as an independent director on its Board of Directors, a move seen as strategic to bolster brand growth. These developments indicate a positive outlook for the company as it continues to expand and innovate.
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