Rice Hall James & Associates LLC Invests $19.08 Million in Birkenstock Holding PLC $BIRK

Rice Hall James & Associates LLC bought a new position in Birkenstock Holding PLC (NYSE:BIRK) during the fourth quarter, HoldingsChannel.com reports. The fund bought 466,577 shares of the company’s stock, valued at approximately $19,083,000. Birkenstock makes up about 1.1% of Rice Hall James & Associates LLC’s holdings, making the stock its 29th largest holding.

Other large investors have also recently made changes to their positions in the company. Morse Asset Management Inc bought a new stake in shares of Birkenstock in the 3rd quarter worth about $28,000. Kestra Advisory Services LLC bought a new stake in shares of Birkenstock in the 4th quarter worth about $42,000. Quarry LP increased its holdings in shares of Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after buying an additional 492 shares during the last quarter. GW&K Investment Management LLC increased its holdings in shares of Birkenstock by 77.4% in the 4th quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock worth $46,000 after buying an additional 486 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Birkenstock by 61.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after buying an additional 488 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BIRK. BTIG Research reduced their target price on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Piper Sandler reiterated an “overweight” rating and set a $55.00 price target (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Morgan Stanley set a $41.00 price target on shares of Birkenstock in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $41.00 price target on shares of Birkenstock in a report on Thursday, May 14th. Finally, Telsey Advisory Group cut their price target on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Twelve investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $53.68.

Birkenstock Stock Performance

Shares of NYSE:BIRK opened at $47.79 on Tuesday. The company has a market capitalization of $8.79 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 2.04 and a beta of 1.24. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $53.53. The firm’s 50-day moving average is $39.72 and its 200 day moving average is $40.02. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45.

Insider Buying and Selling

In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the transaction, the insider directly owned 61,153 shares in the company, valued at approximately $2,572,706.71. This represents a 49.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

About Birkenstock

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.