Black Rock Coffee Bar (NASDAQ:BRCB) COO Clay Howard Geyer Acquires 45,080 Shares

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) COO Clay Howard Geyer purchased 45,080 shares of Black Rock Coffee Bar stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $6.51 per share, for a total transaction of $293,470.80. Following the completion of the transaction, the chief operating officer owned 57,580 shares in the company, valued at approximately $374,845.80. The trade was a 360.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

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

Black Rock Coffee Bar Trading Up 3.5%

Black Rock Coffee Bar stock opened at $6.81 on Friday. The firm’s 50-day moving average is $12.63 and its 200-day moving average is $17.11. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.77 and a current ratio of 0.87. Black Rock Coffee Bar, Inc. has a 1 year low of $6.13 and a 1 year high of $30.40. The company has a market cap of $340.91 million and a P/E ratio of 681.00.

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 analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $55.45 million for the quarter. On average, equities analysts expect that Black Rock Coffee Bar, Inc. will post 0.26 earnings per share for the current year.

Institutional Trading of Black Rock Coffee Bar

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new stake in shares of Black Rock Coffee Bar during the 4th quarter worth about $29,000. Franklin Resources Inc. bought a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth about $36,000. Roxbury Financial LLC bought a new stake in shares of Black Rock Coffee Bar during the 4th quarter worth about $39,000. FNY Investment Advisers LLC bought a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth about $50,000. Finally, Strs Ohio bought a new stake in shares of Black Rock Coffee Bar during the 4th quarter worth about $65,000.

Analysts Set New Price Targets

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

Black Rock Coffee Bar Company Profile

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.