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Dutch Bros Inc (NYSE:BROS)., currently valued at $5.57 billion, has seen its stock surge over 153% in the past year. On February 25, the company sold shares at various prices, with the weighted average sale prices ranging from $72.854 to $75.229 per share. The sales included 111,376 shares at an average price of $72.854, 27,087 shares at $73.5652, 9,087 shares at $74.716, and 272 shares at $75.229. According to InvestingPro analysis, the stock appears overvalued at current levels.
The transactions continued on February 26, with shares sold at weighted average prices between $74.9862 and $76.6714 per share. This included sales of 35,310 shares at $74.9862, 68,956 shares at $75.5356, and 77,857 shares at $76.6714.
Following these transactions, DM Individual Aggregator, LLC holds 2,310,834 shares of Dutch Bros Inc. The sales were executed automatically under a Rule 10b5-1 trading plan adopted on November 22, 2024.
In other recent news, Dutch Bros Inc. has captured the attention of several analysts, resulting in multiple stock price target increases. UBS raised its target to $90, maintaining a Buy rating, following strong fourth-quarter results with notable same-store sales and customer traffic growth. The company has projected 2025 revenue between $1.555 and $1.575 billion, with same-store sales growth estimated at 2-4%. Stifel also increased its price target to $74, highlighting the company’s improved product innovation and strategic use of its rewards program. JPMorgan raised its target to $80, citing successful initiatives such as Mobile Order and Pay and labor efficiency, which contributed to stronger-than-expected results. TD Cowen raised its price target to $89, emphasizing the potential for Dutch Bros to achieve positive free cash flow in 2025. Additionally, Dutch Bros announced the appointment of Kory Marchisotto as an independent director on its Board of Directors, a strategic move aimed at bolstering brand growth. These developments reflect a positive outlook on the company’s expansion and financial trajectory.
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