EAM Investors LLC Makes New $5.16 Million Investment in Dutch Bros Inc. (NYSE:BROS)

EAM Investors LLC purchased a new position in Dutch Bros Inc. (NYSE:BROS - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 98,562 shares of the company's stock, valued at approximately $5,163,000. Dutch Bros makes up 0.7% of EAM Investors LLC's portfolio, making the stock its 27th biggest holding. EAM Investors LLC owned about 0.06% of Dutch Bros as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Dutch Bros by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 10,184,514 shares of the company's stock worth $533,465,000 after acquiring an additional 153,070 shares in the last quarter. FMR LLC boosted its position in Dutch Bros by 98.1% during the 4th quarter. FMR LLC now owns 6,516,479 shares of the company's stock worth $341,333,000 after acquiring an additional 3,227,435 shares during the period. FIL Ltd purchased a new stake in shares of Dutch Bros in the fourth quarter worth approximately $176,298,000. Raymond James Financial Inc. acquired a new stake in shares of Dutch Bros during the fourth quarter worth approximately $94,478,000. Finally, Geode Capital Management LLC grew its position in Dutch Bros by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 1,795,485 shares of the company's stock valued at $94,079,000 after purchasing an additional 22,214 shares in the last quarter. 85.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BROS shares. Wells Fargo & Company started coverage on shares of Dutch Bros in a report on Wednesday, March 26th. They set an "overweight" rating and a $80.00 price target on the stock. Robert W. Baird cut their price target on Dutch Bros from $80.00 to $66.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Baird R W upgraded Dutch Bros from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. UBS Group boosted their target price on shares of Dutch Bros from $67.00 to $90.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Finally, Guggenheim increased their price target on shares of Dutch Bros from $54.00 to $72.00 and gave the stock a "buy" rating in a research note on Monday, March 31st. One investment analyst has rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $76.14.

Insider Buying and Selling at Dutch Bros

In other news, Chairman Travis Boersma sold 755,551 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $77.73, for a total value of $58,728,979.23. Following the transaction, the chairman now directly owns 2,903,316 shares of the company's stock, valued at $225,674,752.68. The trade was a 20.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Dm Individual Aggregator, Llc sold 262,537 shares of Dutch Bros stock in a transaction on Monday, February 24th. The shares were sold at an average price of $74.77, for a total value of $19,629,891.49. Following the completion of the transaction, the insider now owns 2,640,779 shares of the company's stock, valued at approximately $197,451,045.83. The trade was a 9.04 % 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. 42.40% of the stock is currently owned by corporate insiders.

Dutch Bros Stock Performance

Dutch Bros stock traded down $2.24 on Monday, hitting $56.03. The company's stock had a trading volume of 436,299 shares, compared to its average volume of 3,155,671. The company has a fifty day moving average price of $66.14 and a 200-day moving average price of $55.61. The firm has a market cap of $8.64 billion, a P/E ratio of 164.80, a price-to-earnings-growth ratio of 4.23 and a beta of 2.71. Dutch Bros Inc. has a one year low of $26.85 and a one year high of $86.88. The company has a quick ratio of 1.58, a current ratio of 1.76 and a debt-to-equity ratio of 0.77.

Dutch Bros Company Profile

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.