Black Rock Coffee Bar (NASDAQ:BRCB) Director Buys $72,988,509.20 in Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) Director Cynosure Group, Llc acquired 13,642,712 shares of the stock in a transaction on Friday, May 15th. The shares were acquired at an average price of $5.35 per share, with a total value of $72,988,509.20. Following the transaction, the director directly owned 19,915,304 shares of the company’s stock, valued at $106,546,876.40. The trade was a 217.50% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Black Rock Coffee Bar Trading Down 3.3%

Shares of BRCB traded down $0.23 during midday trading on Tuesday, hitting $6.68. The stock had a trading volume of 646,802 shares, compared to its average volume of 542,072. Black Rock Coffee Bar, Inc. has a 1 year low of $6.64 and a 1 year high of $30.40. The firm has a market cap of $334.37 million and a PE ratio of -668.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.87 and a quick ratio of 0.77. The stock’s 50 day moving average is $13.21 and its 200 day moving average is $17.45.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced its earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $55.45 million for the quarter. As a group, analysts forecast that Black Rock Coffee Bar, Inc. will post 0.29 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BRCB. Stifel Nicolaus lowered their price target on shares of 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. Raymond James Financial lowered their price target on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, April 21st. Morgan Stanley lowered their price target on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Finally, DA Davidson lowered their price target on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating on the stock in a 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.75.

Institutional Trading of Black Rock Coffee Bar

A number of institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. purchased a new position in shares of Black Rock Coffee Bar during the 4th quarter valued at approximately $29,000. Franklin Resources Inc. purchased a new stake in Black Rock Coffee Bar in the 3rd quarter worth $36,000. Roxbury Financial LLC purchased a new stake in Black Rock Coffee Bar in the 4th quarter worth $39,000. FNY Investment Advisers LLC purchased a new stake in Black Rock Coffee Bar in the 3rd quarter worth $50,000. Finally, Strs Ohio purchased a new stake in Black Rock Coffee Bar in the 4th quarter worth $65,000.

About Black Rock Coffee Bar

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.