Birkenstock (NYSE:BIRK) Insider Sells $2,524,200.00 in Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 60,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $42.07, for a total value of $2,524,200.00. Following the completion of the sale, the insider owned 61,153 shares in the company, valued at $2,572,706.71. This trade represents a 49.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Mehdi Nico Bouyakhf also recently made the following trade(s):

• On Monday, June 8th, Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00.

Birkenstock Price Performance

Shares of BIRK stock traded up $1.52 on Tuesday, reaching $45.18. The company’s stock had a trading volume of 1,988,103 shares, compared to its average volume of 2,580,617. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45. Birkenstock Holding PLC has a 12-month low of $31.12 and a 12-month high of $57.20. The company has a market capitalization of $8.31 billion, a P/E ratio of 20.41, a PEG ratio of 1.77 and a beta of 1.25. The stock’s 50 day simple moving average is $38.57 and its 200-day simple moving average is $39.83.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BIRK. Bamco Inc. NY grew its stake in shares of Birkenstock by 41.9% during the third quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock valued at $287,509,000 after buying an additional 1,876,398 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of Birkenstock by 11.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after buying an additional 1,264,841 shares during the last quarter. Holocene Advisors LP grew its stake in shares of Birkenstock by 239.3% during the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after buying an additional 1,233,085 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Birkenstock by 61.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock valued at $126,534,000 after buying an additional 1,181,919 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of Birkenstock during the fourth quarter valued at about $41,110,000. 19.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Piper Sandler restated an “overweight” rating and set a $55.00 price target (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. UBS Group restated a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. Morgan Stanley set a $41.00 price target on Birkenstock in a research report on Thursday, May 14th. Telsey Advisory Group lowered their price target on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, Stifel Nicolaus set a $51.00 price target on Birkenstock in a research report on Wednesday, May 13th. Twelve research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Birkenstock presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.68.

Birkenstock Company Profile

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.