Black Rock Coffee Bar (NASDAQ:BRCB) COO Acquires $293,470.80 in Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCBGet Free Report) COO Clay Howard Geyer bought 45,080 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were acquired at an average price of $6.51 per share, for a total transaction of $293,470.80. Following the transaction, the chief operating officer owned 57,580 shares in the company, valued at approximately $374,845.80. This represents a 360.64% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Clay Howard Geyer also recently made the following trade(s):

  • On Friday, May 22nd, Clay Howard Geyer bought 925 shares of Black Rock Coffee Bar stock. The shares were acquired at an average price of $6.86 per share, for a total transaction of $6,345.50.

Black Rock Coffee Bar Stock Performance

Shares of NASDAQ:BRCB traded up $0.23 on Friday, reaching $6.81. 1,098,972 shares of the company’s stock were exchanged, compared to its average volume of 692,366. The company has a fifty day moving average of $12.63 and a 200-day moving average of $17.11. Black Rock Coffee Bar, Inc. has a twelve month low of $6.13 and a twelve month high of $30.40. The company has a current ratio of 0.87, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $340.91 million and a price-to-earnings ratio of 681.00.

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BRCB. Stifel Nicolaus cut 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. Morgan Stanley cut 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. DA Davidson cut 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. Finally, Raymond James Financial cut 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. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $18.75.

Check Out Our Latest Report on Black Rock Coffee Bar

Hedge Funds Weigh In On Black Rock Coffee Bar

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

Black Rock Coffee Bar Company Profile

(Get Free Report)

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.

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