Driven Brands Holdings Inc. $DRVN Stake Lessened by Vanguard Group Inc.

Vanguard Group Inc. lessened its holdings in Driven Brands Holdings Inc. (NASDAQ:DRVN) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,562,466 shares of the company’s stock after selling 70,917 shares during the period. Vanguard Group Inc.’s holdings in Driven Brands were worth $89,611,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Osaic Holdings Inc. lifted its stake in Driven Brands by 82.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,087 shares of the company’s stock worth $37,000 after acquiring an additional 941 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Driven Brands by 744.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company’s stock valued at $37,000 after purchasing an additional 1,854 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Driven Brands by 1,113.8% in the third quarter. Farther Finance Advisors LLC now owns 3,338 shares of the company’s stock worth $54,000 after purchasing an additional 3,063 shares in the last quarter. Versant Capital Management Inc acquired a new stake in shares of Driven Brands during the third quarter worth approximately $84,000. Finally, Federated Hermes Inc. acquired a new stake in shares of Driven Brands during the third quarter worth approximately $108,000. 77.08% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Scott L. O’melia sold 46,875 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $16.00, for a total value of $750,000.00. Following the completion of the sale, the insider directly owned 326,944 shares in the company, valued at approximately $5,231,104. The trade was a 12.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.50% of the company’s stock.

Key Driven Brands News

Here are the key news stories impacting Driven Brands this week:

• Neutral Sentiment: Short-interest data reporting is inconsistent/flat (report shows 0 shares and NaN changes), offering no clear offsetting signal about activist/short pressure; data should be treated with caution. Short Interest Notice
• Neutral Sentiment: Analysts and financial write-ups are revisiting valuation after the restatement and reporting delays; these pieces provide context but do not remove uncertainty around restated results. A Look At Driven Brands Valuation
• Negative Sentiment: Company admitted to improper accounting going back to fiscal 2023 and announced delayed FY‑2025 reporting and restatements — disclosure that directly caused the >30% share collapse and an estimated ~$800M market-cap wipeout. Market Cap Wipeout / Improper Accounting
• Negative Sentiment: Multiple plaintiff-side law firms (Pomerantz, BFA Law, Faruqi & Faruqi, Wolf Haldenstein, Levi & Korsinsky, Schall Law) have opened investigations into Driven Brands for possible securities fraud/misleading disclosures — raises litigation risk, potential liability, and investor uncertainty. (Examples below.)
• Negative Sentiment: Pomerantz LLP investor alert investigating potential claims on behalf of Driven Brands investors. Pomerantz Investigation Alert
• Negative Sentiment: BFA Law investigation alert after restatements and the >30% stock drop. BFA Law Investigation
• Negative Sentiment: Faruqi & Faruqi and Wolf Haldenstein issued investor notices about potential claims; Levi & Korsinsky flagged discrepancies between adjusted metrics and GAAP that may be central to restatements. These increase the odds of shareholder litigation and regulatory scrutiny. Faruqi & Faruqi Notice Wolf Haldenstein Investigation Levi & Korsinsky Investigation
• Negative Sentiment: Additional shareholder-rights firms (Schall Law) are soliciting clients to join fraud investigations — amplifies media/legal attention and could prolong uncertainty until restatements and any regulatory reviews are resolved. Schall Law Firm Notice

Driven Brands Trading Down 0.6%

Shares of NASDAQ:DRVN opened at $10.94 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 2.44. The stock has a market capitalization of $1.80 billion, a PE ratio of -8.82 and a beta of 1.09. Driven Brands Holdings Inc. has a 1 year low of $9.80 and a 1 year high of $19.74. The firm has a fifty day moving average price of $15.25 and a 200 day moving average price of $15.62.

Driven Brands (NASDAQ:DRVN) last posted its earnings results on Wednesday, March 11th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $457.33 million for the quarter, compared to analyst estimates of $459.50 million. Driven Brands had a positive return on equity of 25.31% and a negative net margin of 9.14%.During the same period last year, the company earned $0.30 earnings per share. Analysts expect that Driven Brands Holdings Inc. will post 0.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on DRVN. Weiss Ratings reiterated a “sell (d)” rating on shares of Driven Brands in a research note on Monday, December 29th. BTIG Research restated a “buy” rating and set a $21.00 price target on shares of Driven Brands in a report on Thursday, January 8th. Stifel Nicolaus set a $23.00 price objective on Driven Brands in a report on Monday, November 17th. Zacks Research downgraded Driven Brands from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 21st. Finally, Morgan Stanley dropped their target price on Driven Brands from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Driven Brands currently has an average rating of “Hold” and an average target price of $20.56.

Driven Brands Company Profile

Driven Brands Holdings Inc (NASDAQ: DRVN) is a leading North American provider of automotive aftermarket services, operating through a network of franchised and company-owned locations. The company’s platform encompasses a diverse portfolio of car care and maintenance brands, including Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and Carstar Collision Repair. Driven Brands delivers a full range of services from routine maintenance and oil changes to collision repair, paint protection, and vehicle customization.

Headquartered in Charlotte, North Carolina, Driven Brands serves both individual consumers and commercial clients across the United States and Canada.