Emerald Mutual Fund Advisers Trust Raises Stock Holdings in Black Rock Coffee Bar, Inc. $BRCB

Emerald Mutual Fund Advisers Trust raised its stake in Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) by 29.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 453,734 shares of the company’s stock after purchasing an additional 101,945 shares during the quarter. Emerald Mutual Fund Advisers Trust’s holdings in Black Rock Coffee Bar were worth $5,862,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Emerald Advisers LLC increased its position in shares of Black Rock Coffee Bar by 22.4% during the first quarter. Emerald Advisers LLC now owns 749,626 shares of the company’s stock valued at $9,685,000 after acquiring an additional 137,133 shares during the last quarter. Peregrine Capital Management LLC lifted its holdings in shares of Black Rock Coffee Bar by 22.0% in the 1st quarter. Peregrine Capital Management LLC now owns 331,702 shares of the company’s stock worth $4,286,000 after acquiring an additional 59,712 shares during the last quarter. CWC Advisors LLC. lifted its holdings in shares of Black Rock Coffee Bar by 145.1% in the 1st quarter. CWC Advisors LLC. now owns 68,391 shares of the company’s stock worth $884,000 after acquiring an additional 40,491 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Black Rock Coffee Bar by 3.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,398,120 shares of the company’s stock worth $31,109,000 after purchasing an additional 50,845 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Black Rock Coffee Bar by 5.2% during the 4th quarter. Invesco Ltd. now owns 840,917 shares of the company’s stock worth $18,710,000 after purchasing an additional 41,493 shares during the period.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BRCB. Raymond James Financial dropped 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 report on Tuesday, April 21st. DA Davidson decreased their price target on Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Weiss Ratings upgraded Black Rock Coffee Bar from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. Stifel Nicolaus dropped their price objective on Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Finally, Morgan Stanley cut their price objective on 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. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $16.80.

Black Rock Coffee Bar Price Performance

BRCB stock opened at $8.25 on Tuesday. The business’s 50-day moving average is $7.94 and its two-hundred day moving average is $13.23. 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 firm has a market capitalization of $413.00 million and a P/E ratio of 825.00. Black Rock Coffee Bar, Inc. has a 1 year low of $6.11 and a 1 year high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $55.45 million during the quarter. Analysts anticipate that Black Rock Coffee Bar, Inc. will post 0.21 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Cynosure Group, Llc purchased 13,642,712 shares of the stock in a transaction on Friday, May 15th. The stock was bought at an average price of $5.35 per share, for a total transaction of $72,988,509.20. Following the acquisition, the director directly owned 19,915,304 shares of the company’s stock, valued at approximately $106,546,876.40. The trade was a 217.50% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael Ryan Schmidt acquired 7,100 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was purchased at an average cost of $6.98 per share, for a total transaction of $49,558.00. Following the completion of the transaction, the insider owned 7,100 shares in the company, valued at approximately $49,558. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 13,698,923 shares of company stock worth $73,357,952 over the last 90 days. 32.04% of the stock is owned by insiders.

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.