Mehdi Nico Bouyakhf Sells 30,000 Shares of Birkenstock (NYSE:BIRK) Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the sale, the insider owned 31,153 shares in the company, valued at $1,355,155.50. This represents a 49.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, June 5th, Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock. The stock was sold at an average price of $42.07, for a total value of $2,524,200.00.

Birkenstock Price Performance

BIRK stock opened at $44.05 on Thursday. 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 52-week low of $31.12 and a 52-week high of $56.24. The stock’s 50 day moving average is $38.99 and its two-hundred day moving average is $39.89. The company has a market capitalization of $8.10 billion, a PE ratio of 19.89, a P/E/G ratio of 1.89 and a beta of 1.25.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC boosted its position in Birkenstock by 7.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock valued at $221,000 after purchasing an additional 348 shares during the period. State Board of Administration of Florida Retirement System boosted its position in Birkenstock by 9.0% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 5,110 shares of the company’s stock valued at $209,000 after purchasing an additional 420 shares during the period. EverSource Wealth Advisors LLC boosted its position in Birkenstock by 125.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock valued at $28,000 after purchasing an additional 428 shares during the period. Illinois Municipal Retirement Fund boosted its position in Birkenstock by 1.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock valued at $1,628,000 after purchasing an additional 448 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in Birkenstock by 30.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock valued at $87,000 after purchasing an additional 458 shares during the period. Institutional investors and hedge funds own 19.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on BIRK. Piper Sandler reiterated an “overweight” rating and issued a $55.00 price target (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Stifel Nicolaus set a $51.00 price target on Birkenstock in a report on Wednesday, May 13th. Wall Street Zen downgraded Birkenstock from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $41.00 price target on shares of Birkenstock in a report on Thursday, May 14th. Finally, Seaport Research Partners upgraded Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price target for the company in a report on Tuesday, April 14th. Twelve investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $53.68.

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.