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

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 30,000 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the sale, the insider directly owned 31,153 shares in the company, valued at $1,355,155.50. This trade represents a 49.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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 shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00.

Birkenstock Stock Performance

Shares of BIRK opened at $45.18 on Wednesday. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $8.31 billion, a P/E ratio of 20.41, a price-to-earnings-growth ratio of 1.83 and a beta of 1.25. The firm’s fifty day simple moving average is $38.79 and its two-hundred day simple moving average is $39.87. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $57.20.

Institutional Investors Weigh In On Birkenstock

A number of institutional investors and hedge funds have recently made changes to their positions in BIRK. Royal Bank of Canada raised its holdings in shares of Birkenstock by 310.5% in the 1st 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 last quarter. AQR Capital Management LLC raised its holdings in shares of 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 acquiring an additional 5,189 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of 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 acquiring an additional 488 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of 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 acquiring an additional 233,672 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of Birkenstock in the 2nd quarter worth about $371,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

Analyst Upgrades and Downgrades

BIRK has been the topic of a number of research analyst reports. Seaport Research Partners raised shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Tuesday, April 14th. Wall Street Zen lowered shares of Birkenstock from a “hold” rating to a “sell” rating in a report on Saturday. Piper Sandler reiterated an “overweight” rating and set a $55.00 price objective (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a report on Thursday, May 14th. Finally, Telsey Advisory Group dropped their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Birkenstock has a consensus rating of “Moderate Buy” and an average target price 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.