<div id="readability-page-1">Assenagon Asset Management S.A. lowered its position in shares of Dutch Bros Inc. (NYSE:BROS - Free Report) by 30.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 452,812 shares of the company's stock after selling 196,308 shares during the period. Assenagon Asset Management S.A. owned 0.28% of Dutch Bros worth $23,700,000 at the end of the most recent quarter.<ul><li>Insiders Are Selling These 3 Stocks—Here’s Why</li></ul>A number of other hedge funds and other institutional investors also recently bought and sold shares of BROS. GAMMA Investing LLC lifted its holdings in Dutch Bros by 31.5% during the 3rd quarter. GAMMA Investing LLC now owns 856 shares of the company's stock worth $45,000 after buying an additional 205 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in shares of Dutch Bros during the 2nd quarter worth about $108,000. Neuberger Berman Group LLC raised its position in shares of Dutch Bros by 107.3% during the 2nd quarter. Neuberger Berman Group LLC now owns 207,923 shares of the company's stock worth $14,216,000 after acquiring an additional 107,635 shares in the last quarter. State of Wyoming lifted its stake in Dutch Bros by 49.7% during the second quarter. State of Wyoming now owns 7,279 shares of the company's stock worth $498,000 after purchasing an additional 2,415 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in Dutch Bros during the second quarter worth approximately $444,000. 85.54% of the stock is currently owned by institutional investors and hedge funds. <h2>Dutch Bros News Roundup</h2>Here are the key news stories impacting Dutch Bros this week:<ul> <li>Positive Sentiment: KeyCorp upgraded Dutch Bros to a &#34;strong-buy,&#34; supporting near-term bullish flows and analyst-driven demand. KeyCorp Upgrade (via Zacks/TickerReport)</li> <li>Positive Sentiment: Jefferies maintained a buy rating, reinforcing institutional confidence and providing additional support for the stock. Jefferies Keeps Buy Rating</li> <li>Positive Sentiment: Company expansion continues: a new Fresno location opened (coverage in The Business Journal and MSN) and a second Illinois location launched — tangible unit growth that supports top-line expansion. Dutch Bros opens at Fresno (Business Journal) Fresno opens (MSN) Second Illinois location (MSN)</li> <li>Positive Sentiment: Recent momentum: price-forecast coverage notes a strong month (+22% in one report), which can attract momentum buyers and technical traders. Price Prediction and Momentum (247wallst)</li> <li>Neutral Sentiment: Media/features: QSR and lifestyle pieces highlight menu creativity and company resilience entering 2026, supporting brand awareness but providing limited direct financial impact. QSR: Shows No Signs of Slowdown MSN: Menu Trend Coverage</li> <li>Negative Sentiment: Industry headwinds: analyst commentary comparing McDonald’s, Yum and Dutch Bros points to softer U.S. restaurant demand, value sensitivity and cost pressure — risks that could curb traffic and margins. Zacks: Industry Demand Headwinds</li> </ul><h2>Insider Transactions at Dutch Bros</h2><ul><li>MarketBeat Week in Review – 11/03 - 11/07</li></ul>In related news, Chairman Travis Boersma sold 1,678,616 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $55.44, for a total transaction of $93,062,471.04. Following the completion of the transaction, the chairman directly owned 9,817 shares of the company's stock, valued at $544,254.48. This represents a 99.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Dm Individual Aggregator, Llc sold 648,089 shares of the firm's stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $55.44, for a total transaction of $35,930,054.16. Following the completion of the sale, the insider owned 9,817 shares of the company's stock, valued at approximately $544,254.48. The trade was a 98.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,465,214 shares of company stock worth $189,800,291. Company insiders own 42.40% of the company's stock. <h2>Analyst Upgrades and Downgrades</h2>Several brokerages have commented on BROS. Morgan Stanley set a $84.00 price target on shares of Dutch Bros in a research note on Thursday, November 6th. Piper Sandler lowered their target price on shares of Dutch Bros from $73.00 to $63.00 and set a &#34;neutral&#34; rating for the company in a report on Thursday, November 6th. Barclays increased their target price on shares of Dutch Bros from $65.00 to $72.00 and gave the company an &#34;overweight&#34; rating in a research report on Thursday, November 6th. Zacks Research cut shares of Dutch Bros from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Friday, November 21st. Finally, Mizuho upped their price objective on shares of Dutch Bros from $70.00 to $80.00 and gave the company an &#34;outperform&#34; rating in a research note on Thursday, December 4th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $76.68.<ul><li>CAVA Stock Looking for Direction After Earnings Miss</li></ul>View Our Latest Report on BROS<h2>Dutch Bros Price Performance</h2>Shares of NYSE:BROS opened at $64.81 on Friday. Dutch Bros Inc. has a one year low of $47.16 and a one year high of $86.88. The stock has a market capitalization of $10.66 billion, a price-to-earnings ratio of 129.62, a PEG ratio of 3.34 and a beta of 2.55. The company has a 50-day simple moving average of $57.07 and a 200-day simple moving average of $61.40. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.32 and a current ratio of 1.52. Dutch Bros (NYSE:BROS - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. Dutch Bros had a return on equity of 8.91% and a net margin of 4.04%.The firm had revenue of $423.58 million for the quarter, compared to analysts' expectations of $414.81 million. During the same quarter in the previous year, the firm posted $0.16 EPS. The firm's revenue for the quarter was up 25.3% on a year-over-year basis. On average, analysts predict that Dutch Bros Inc. will post 0.57 EPS for the current year. <h2>Dutch Bros Company Profile</h2> (Free Report)Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages. The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.<h2>Further Reading</h2><ul><li>Five stocks we like better than Dutch Bros</li><li>How to Use the MarketBeat Excel Dividend Calculator</li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li><li>Uptrend Stocks Explained: Learn How to Trade Using Uptrends</li><li>4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More</li></ul><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJST1M?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJST1M"/>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.<h2>Should You Invest $1,000 in Dutch Bros Right Now?</h2>Before you consider Dutch Bros, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dutch Bros wasn't on the list.While Dutch Bros currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here </div>

BROS

Assenagon Asset Management S.A. reduced its stake in Dutch Bros Inc. by 30.2% in Q3, owning 452,812 shares worth $23.7 million. Other institutional investors adjusted their positions, with 85.54% of the stock held by such investors. Insider sales included Chairman Travis Boersma selling 1,678,616 shares. Analysts provided mixed ratings, with Morgan Stanley setting an $84 target, Piper Sandler lowering to $63, and Barclays raising to $72.

Dutch Bros Inc. $BROS Shares Sold by Assenagon Asset Management S.A.