Rice Hall James & Associates LLC purchased a new position in Birkenstock Holding PLC (NYSE:BIRK – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 466,577 shares of the company’s stock, valued at approximately $19,083,000. Birkenstock makes up 1.1% of Rice Hall James & Associates LLC’s holdings, making the stock its 29th largest holding. Rice Hall James & Associates LLC owned 0.25% of Birkenstock as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of Birkenstock by 310.5% in the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock worth $725,000 after acquiring an additional 11,966 shares during the period. AQR Capital Management LLC lifted its holdings in Birkenstock by 53.1% in the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock worth $686,000 after purchasing an additional 5,189 shares in the last quarter. NewEdge Advisors LLC boosted its stake in 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 purchasing an additional 488 shares during the period. Goldman Sachs Group Inc. boosted its stake in Birkenstock by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after purchasing an additional 233,672 shares during the period. Finally, Creative Planning purchased a new stake in Birkenstock during the 2nd quarter valued at approximately $371,000. 19.93% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction on Monday, June 8th. The shares were 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. The trade was a 49.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Birkenstock Stock Down 2.0%
Wall Street Analyst Weigh In
BIRK has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 target price on shares of Birkenstock in a report on Thursday, May 14th. The Goldman Sachs Group restated a “buy” rating and set a $52.50 target price on shares of Birkenstock in a research report on Friday, May 22nd. Zacks Research cut shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. Stifel Nicolaus set a $51.00 price target on shares of Birkenstock in a research note on Wednesday, May 13th. Finally, Telsey Advisory Group decreased their price target on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $53.68.
Read Our Latest Stock Analysis on Birkenstock
Birkenstock 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.
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