2 weeks Ago By ABMN Staff
Natixis Advisors LLC lowered its stake in shares of Dutch Bros Inc. ( NYSE:BROS – Free Report ) by 9.8% in the 4th quarter, HoldingsChannel reports.
The firm owned 20,702 shares of the company’s stock after selling 2,245 shares during the quarter. Natixis Advisors LLC’s holdings in Dutch Bros were worth $1,084,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors have also bought and sold shares of BROS.
R Squared Ltd bought a new position in shares of Dutch Bros during the 4th quarter worth $25,000. Point72 Hong Kong Ltd bought a new position in Dutch Bros during the third quarter worth about $36,000. Fortitude Family Office LLC purchased a new position in shares of Dutch Bros in the fourth quarter worth about $41,000.
Wilmington Savings Fund Society FSB purchased a new position in shares of Dutch Bros in the third quarter worth about $50,000. Finally, SBI Securities Co. Ltd.
bought a new stake in shares of Dutch Bros in the fourth quarter valued at approximately $53,000. Hedge funds and other institutional investors own 85.54% of the company’s stock.
Dutch Bros Stock Performance Shares of NYSE BROS opened at $69.81 on Wednesday. The stock’s 50-day moving average is $67.
55 and its 200 day moving average is $52.19. The stock has a market cap of $10.
76 billion, a price-to-earnings ratio of 205.33, a P/E/G ratio of 4.23 and a beta of 2.
65. Dutch Bros Inc. has a 1-year low of $26.
85 and a 1-year high of $86.88. The company has a current ratio of 1.
76, a quick ratio of 1.58 and a debt-to-equity ratio of 0.77.
Analyst Upgrades and Downgrades Check Out Our Latest Analysis on BROS Insiders Place Their Bets In other news, major shareholder Dm Individual Aggregator, Llc sold 291,707 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $77.73, for a total value of $22,674,385.
11. Following the transaction, the insider now owns 2,903,316 shares in the company, valued at approximately $225,674,752.68.
This trade represents a 9.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink .
Also, Chairman Travis Boersma sold 471,718 shares of the stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $75.91, for a total transaction of $35,808,113.
38. Following the sale, the chairman now directly owns 2,310,834 shares of the company’s stock, valued at $175,415,408.94.
The trade was a 16.95 % decrease in their position. The disclosure for this sale can be found here .
Over the last ninety days, insiders have sold 2,643,632 shares of company stock valued at $201,509,627. 46.50% of the stock is currently owned by corporate insiders.
About Dutch Bros ( Free Report ) Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.
Further Reading Want to see what other hedge funds are holding BROS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dutch Bros Inc. ( NYSE:BROS – Free Report ).
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