Black Rock Coffee Bar, Inc. (NASDAQ:BRCB – Get Free Report) COO Clay Howard Geyer acquired 45,080 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $6.51 per share, for a total transaction of $293,470.80. Following the completion of the acquisition, the chief operating officer directly owned 57,580 shares in the company, valued at approximately $374,845.80. The trade was a 360.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Clay Howard Geyer also recently made the following trade(s):
- On Friday, May 22nd, Clay Howard Geyer acquired 925 shares of Black Rock Coffee Bar stock. The shares were purchased at an average cost of $6.86 per share, for a total transaction of $6,345.50.
Black Rock Coffee Bar Price Performance
BRCB opened at $6.81 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.87 and a quick ratio of 0.77. The company has a market capitalization of $340.91 million and a price-to-earnings ratio of 681.00. The firm’s fifty day moving average price is $12.63 and its two-hundred day moving average price is $17.11. Black Rock Coffee Bar, Inc. has a 1 year low of $6.13 and a 1 year high of $30.40.
Institutional Investors Weigh In On Black Rock Coffee Bar
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BRCB. Emerald Mutual Fund Advisers Trust bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at about $4,023,000. Federated Hermes Inc. bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at about $2,982,000. WCM Investment Management LLC bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at about $7,422,000. JPMorgan Chase & Co. bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at about $737,000. Finally, Vanguard Group Inc. bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at about $2,028,000.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. Stifel Nicolaus cut their price target on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Morgan Stanley cut their price target on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Raymond James Financial cut their price target on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, April 21st. Finally, DA Davidson cut their price target on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $18.75.
View Our Latest Research Report on Black Rock Coffee Bar
Black Rock Coffee Bar Company Profile
Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.
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