Dutch Bros sees $39.2 million in stock sales by DM Trust Aggregator

DM Trust Aggregator, LLC, a significant shareholder in Dutch Bros Inc. (NYSE:BROS), has reported a series of stock sales totaling approximately $39.2 million, according to a recent SEC filing. The transactions, executed on February 25 and 26, involved the sale of Class A common stock at prices ranging from $72.854 to $76.6714 per share. The sales come as Dutch Bros, now valued at $5.57 billion, has seen its stock surge over 137% in the past six months.

The sales were conducted under a Rule 10b5-1 trading plan adopted by DM Trust Aggregator in November 2024. The largest single transaction occurred on February 26, with 123,802 shares sold at an average price of $76.6714 per share. Following these transactions, DM Trust Aggregator holds approximately 3,674,455 shares of Dutch Bros. According to InvestingPro data, the company maintains strong fundamentals with a 32.64% revenue growth in the last twelve months.

These transactions are part of a structured trading plan, allowing insiders to sell shares at predetermined times, reducing concerns about insider trading. Dutch Bros, known for its drive-thru coffee locations, continues to be a focal point for investors interested in the retail and dining sector. InvestingPro analysis suggests the stock is currently trading above its Fair Value, with a P/E ratio of 241.33, though analysts remain optimistic with multiple upward earnings revisions for the upcoming period.

In other recent news, Dutch Bros Inc. reported significant developments following its fourth-quarter results. UBS analyst Dennis Geiger raised the company’s stock price target to $90, citing strong same-store sales and customer traffic, along with better margins and earnings. Stifel analysts also increased their target to $74, highlighting the durability of Dutch Bros’ sales strategies, including product innovation and strategic advertising efforts. Similarly, JPMorgan adjusted its price target to $80, noting the company’s successful Mobile Order and Pay initiatives and marketing strategies, which contributed to a notable 6.9% growth in comparable system sales.

TD Cowen analyst Andrew Charles raised the price target to $89, expressing confidence in Dutch Bros’ growth potential and the possibility of positive free cash flow in 2025. In addition to these financial updates, Dutch Bros announced the appointment of Kory Marchisotto as an independent director on its Board of Directors. Marchisotto, currently the Chief Marketing Officer at e.l.f. Beauty (NYSE:ELF), brings extensive experience in marketing and brand development, which aligns with Dutch Bros’ focus on engaging younger demographics. These recent developments reflect Dutch Bros’ strategic efforts to enhance its market position and expand its customer base.

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