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DM Trust Aggregator, LLC, a significant shareholder in Dutch Bros Inc. (NYSE:BROS), has executed a substantial stock sale as per a recent SEC filing. The transactions, which occurred on February 21 and February 24, 2025, involved the sale of Class A Common Stock totaling approximately $67.27 million. The shares were sold at prices ranging from $72.6842 to $82.5541. The timing is notable as Dutch Bros has delivered an impressive 137.8% return over the past six months, with the stock currently trading near its 52-week high of $86.88.
The sales were conducted under a Rule 10b5-1 trading plan, previously adopted by DM Trust Aggregator on November 22, 2024. Following these transactions, DM Trust Aggregator’s holdings in Dutch Bros Inc. have decreased, with a remaining balance of 4,199,101 shares. According to InvestingPro, Dutch Bros maintains a "GOOD" overall financial health score, with a market capitalization of $5.57 billion.
Dutch Bros Inc., headquartered in Grants Pass, Oregon, operates in the retail-eating and drinking places sector and is known for its drive-thru coffee chain. The company’s stock is traded on the New York Stock Exchange under the ticker symbol BROS. With revenue growth of 32.6% in the last twelve months and analysts expecting continued sales growth, InvestingPro has identified over 20 additional key insights about Dutch Bros’ growth potential and market position.
In other recent news, Dutch Bros Inc. has been making notable strides, with UBS, Stifel, JPMorgan, and TD Cowen all raising their price targets for the company. UBS increased its price target to $90, highlighting strong same-store sales, customer traffic, and improved margins. Stifel raised its target to $74, noting the durability of Dutch Bros’ sales strategies and potential new food offerings. JPMorgan adjusted its target to $80, emphasizing the company’s successful implementation of mobile ordering and labor efficiency initiatives. TD Cowen set its target at $89, expressing confidence in Dutch Bros’ growth trajectory and potential for positive free cash flow in 2025.
Additionally, Dutch Bros recently appointed Kory Marchisotto, Chief Marketing Officer at e.l.f. Beauty (NYSE:ELF), to its Board of Directors. Marchisotto’s expertise in marketing and brand development is expected to align well with Dutch Bros’ strategic goals. The company has also provided guidance for 2025, projecting revenue between $1.555 and $1.575 billion, with same-store sales growth estimated at 2-4%. Dutch Bros plans to open over 160 new shops, focusing on build-to-suit openings to enhance returns and generate earlier positive cash flow. These developments reflect Dutch Bros’ strategic focus on expansion and innovation.
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