Dutch Bros Inc. insider sells $42.3 million in stock

Published 25/02/2025, 16:56
Dutch Bros Inc. insider sells $42.3 million in stock

DM Individual Aggregator, LLC, a significant shareholder of Dutch Bros Inc. (NYSE:BROS), has recently executed a series of stock sales, totaling approximately $42.3 million, according to a recent SEC filing. The sales come as Dutch Bros, now valued at $5.57 billion, has seen its stock surge over 162% in the past year, according to InvestingPro data. The transactions took place on February 21 and February 24, 2025, with shares sold in multiple trades at prices ranging from $72.6842 to $82.5541.

On February 21, the shareholder sold a significant portion of Class A Common Stock, including 120,224 shares at an average price of $75.8293, 52,928 shares at $76.6119, and 22,385 shares at $77.6125, among other transactions. The sales continued on February 24, with 18,374 shares sold at $72.6842 and 41,376 shares at $73.549, among other trades.

Following these transactions, DM Individual Aggregator, LLC holds 2,640,779 shares of Dutch Bros Inc. The sales were conducted under a pre-established Rule 10b5-1 trading plan adopted in November 2024. For deeper insights into Dutch Bros’ valuation and growth prospects, including 20 additional exclusive ProTips, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Dutch Bros Inc. has reported strong financial results following its fourth-quarter earnings announcement. The company showcased robust same-store sales and customer traffic, with UBS analyst Dennis Geiger raising the price target to $90, maintaining a Buy rating. Similarly, Stifel increased their price target to $74, also maintaining a Buy rating, citing the durability of sales layers and strategic use of the Dutch Rewards program. JPMorgan raised their price target to $80, highlighting Dutch Bros’ effective digital marketing strategies and successful implementation of Mobile Order and Pay.

TD Cowen analyst Andrew Charles also raised the price target to $89, expressing confidence in Dutch Bros’ growth trajectory and potential to generate positive free cash flow in 2025. In a strategic move, Dutch Bros appointed Kory Marchisotto as an independent director on its Board of Directors, bringing extensive experience in marketing and brand development. Marchisotto’s appointment is seen as a step to bolster the brand and support Dutch Bros’ continued growth. The company has reiterated plans to open over 160 new shops, aiming for revenue projections of $1.555 to $1.575 billion in 2025.

The company is testing a new food platform, which could introduce additional sales layers in 2026. Upcoming events, such as the Investor Day on March 27, are anticipated to provide further insights into Dutch Bros’ long-term growth potential.

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

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