Insider Buying: Black Rock Coffee Bar (NASDAQ:BRCB) Insider Buys 7,100 Shares of Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) insider Michael Ryan Schmidt purchased 7,100 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average cost of $6.98 per share, for a total transaction of $49,558.00. Following the completion of the transaction, the insider owned 7,100 shares in the company, valued at approximately $49,558. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Black Rock Coffee Bar Stock Performance

Shares of BRCB stock traded up $0.21 on Thursday, hitting $6.58. 802,313 shares of the stock traded hands, compared to its average volume of 554,557. 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 $329.39 million and a PE ratio of -658.00. Black Rock Coffee Bar, Inc. has a 1-year low of $6.13 and a 1-year high of $30.40. The company’s fifty day moving average is $12.83 and its 200 day moving average is $17.18.

Black Rock Coffee Bar (NASDAQ:BRCB) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The company had revenue of $55.45 million during the quarter. On average, equities research analysts predict that Black Rock Coffee Bar, Inc. will post 0.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Black Rock Coffee Bar

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new stake in shares of Black Rock Coffee Bar in the 4th quarter worth $29,000. Franklin Resources Inc. acquired a new position in Black Rock Coffee Bar during the third quarter worth about $36,000. Roxbury Financial LLC acquired a new position in Black Rock Coffee Bar during the fourth quarter worth about $39,000. FNY Investment Advisers LLC bought a new stake in Black Rock Coffee Bar in the third quarter worth about $50,000. Finally, Strs Ohio bought a new stake in Black Rock Coffee Bar in the fourth quarter worth about $65,000.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BRCB shares. Stifel Nicolaus reduced their price target on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. DA Davidson reduced their price target on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Raymond James Financial reduced their price target on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Finally, Morgan Stanley reduced their price target on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Black Rock Coffee Bar currently has a consensus rating of “Moderate Buy” and an average price target of $18.75.

About Black Rock Coffee Bar

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.