Mehdi Nico Bouyakhf Sells 60,000 Shares of Birkenstock (NYSE:BIRK) Stock

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 60,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were 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 approximately $2,572,706.71. The trade was a 49.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Stock Performance

Shares of Birkenstock stock traded up $1.52 during trading hours on Tuesday, reaching $45.18. The company had a trading volume of 1,988,103 shares, compared to its average volume of 2,580,617. The firm has a market cap of $8.31 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 1.77 and a beta of 1.25. Birkenstock Holding PLC has a one year low of $31.12 and a one year high of $57.20. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The business has a fifty day simple moving average of $38.57 and a 200 day simple moving average of $39.83.

Institutional Investors Weigh In On Birkenstock

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC raised its position in shares of Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after buying an additional 697 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of Birkenstock in the first quarter worth $372,000. EverSource Wealth Advisors LLC raised its position in shares of Birkenstock by 125.9% in the first quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after buying an additional 428 shares in the last quarter. Quantinno Capital Management LP raised its position in shares of Birkenstock by 97.6% in the first quarter. Quantinno Capital Management LP now owns 15,204 shares of the company’s stock worth $545,000 after buying an additional 7,511 shares in the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of Birkenstock in the first quarter worth $2,630,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on BIRK shares. Stifel Nicolaus set a $51.00 price objective on Birkenstock in a research note on Wednesday, May 13th. Zacks Research lowered Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. Telsey Advisory Group decreased their price objective on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. The Goldman Sachs Group reiterated a “buy” rating and set a $52.50 price objective on shares of Birkenstock in a research note on Friday, May 22nd. Finally, UBS Group reiterated a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Twelve research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.