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

Birkenstock Holding PLC (NYSE:BIRK) insider Mehdi Nico Bouyakhf sold 60,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the transaction, the insider owned 61,153 shares in the company, valued at approximately $2,572,706.71. This trade represents a 49.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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 transaction of $1,305,000.00.

Birkenstock Stock Performance

Shares of BIRK opened at $45.18 on Wednesday. The company’s fifty day moving average is $38.79 and its 200-day moving average is $39.87. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $57.20. The firm has a market cap of $8.31 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 1.83 and a beta of 1.25. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Morse Asset Management Inc bought a new stake in Birkenstock in the 3rd quarter valued at $28,000. Parallel Advisors LLC boosted its holdings in Birkenstock by 1,161.7% in the 1st quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after purchasing an additional 697 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Birkenstock by 125.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock valued at $28,000 after purchasing an additional 428 shares during the period. Quarry LP boosted its holdings in Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after purchasing an additional 492 shares during the period. Finally, Kestra Advisory Services LLC bought a new stake in Birkenstock in the 4th quarter valued at $42,000. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BIRK. Piper Sandler restated an “overweight” rating and set a $55.00 price target (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. Zacks Research lowered shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price on the stock in a research note on Tuesday, April 14th. Finally, BTIG Research lowered their target price on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.