Insider Sell: COO Brian Maxwell Sells 36,026 Shares of Dutch Bros Inc (BROS)
Brian Maxwell, Chief Operating Officer of Dutch Bros Inc (NYSE:BROS), has sold 36,026 shares of the company on March 21, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $35.12 per share, resulting in a total value of $1,265,153.12.
Over the past year, the insider has sold a total of 150,000 shares of Dutch Bros Inc and has not made any purchases of the stock. The recent sale by Brian Maxwell is part of a broader pattern of insider transactions at the company. In the past year, there have been 2 insider buys and 42 insider sells for Dutch Bros Inc.
Dutch Bros Inc operates as a drive-thru coffee company that offers a variety of coffee drinks, smoothies, teas, and other custom drinks. The company has established a strong presence with coffee enthusiasts in the United States and continues to expand its operations.
On the day of the sale, Dutch Bros Inc (NYSE:BROS) shares were trading at $35.12, giving the company a market capitalization of approximately $2.69 billion. The price-earnings ratio of the company stands at 1104.33, significantly above both the industry median of 24.08 and the company's historical median price-earnings ratio.
The insider transaction history and the current valuation metrics may be of interest to investors monitoring insider behaviors and assessing the company's stock performance relative to its earnings.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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