Insider Sale Details
DM Trust Aggregator, LLC, a director and 10% owner of Dutch Bros Inc. (NASDAQ: BROS), sold 266,000 shares of Class A common stock on October 29, 2026. The transaction generated total proceeds of $11,711,075, with a weighted‑average price of $44.0266 per share; individual sale prices ranged from $44.00 to $44.25. The sale was carried out automatically under a Rule 10b5‑1 trading plan that the entity adopted on February 19, 2026. After the disposition, DM Trust Aggregator, LLC beneficially owned 4,153,652 shares of Dutch Bros Class A stock.
Market Context
At the time of reporting, Dutch Bros shares were trading at $42.87, representing an approximate 30 % decline year‑to‑date. The company’s market capitalization stood at $8.29 billion. The next earnings release, the third‑quarter 2026 results, is scheduled for four days later.
Analyst Coverage
- Telsey Capital reiterated an Outperform rating and set a price target of $74, forecasting roughly 30 % sales growth to about $550 million and adjusted EBITDA growth of about 27 % to $99 million, slightly above the FactSet consensus.
- UBS maintained a Buy rating but lowered its price target to $75, focusing on the earnings outlook and same‑store sales expectations.
- RBC Capital downgraded Dutch Bros to Sector Perform and cut its price target to $46, citing competition concerns and slowing same‑store sales growth.
- D.A. Davidson kept a Buy rating, reduced its price target from $85 to $60, and highlighted the recent pullback as an attractive entry point.
- TD Cowen reiterated a Buy rating with a $59 price target after investor meetings, noting concerns about competition and traffic growth.
Additional Information
The article was generated with AI assistance and reviewed by an editor, as noted in the footer.