Investors Buy Large Volume of Dutch Bros Call Options (NYSE:BROS)

Dutch Bros Inc. (NYSE:BROS) was the target of unusually large options trading on Friday. Traders purchased 15,707 call options on the stock. This represents an increase of 68% compared to the typical daily volume of 9,370 call options.

Dutch Bros Stock Up 5.0%

BROS stock opened at $53.38 on Friday. The company has a market cap of $8.78 billion, a price-to-earnings ratio of 83.41, a P/E/G ratio of 2.24 and a beta of 2.54. Dutch Bros has a twelve month low of $47.16 and a twelve month high of $86.88. The business has a 50 day moving average price of $60.05 and a two-hundred day moving average price of $59.36. The company has a quick ratio of 1.32, a current ratio of 1.52 and a debt-to-equity ratio of 0.68.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.07. Dutch Bros had a return on equity of 9.75% and a net margin of 4.87%.The company had revenue of $443.61 million for the quarter, compared to analysts’ expectations of $424.44 million. During the same quarter in the prior year, the business posted $0.07 EPS. The business’s revenue was up 29.4% compared to the same quarter last year. Analysts anticipate that Dutch Bros will post 0.57 EPS for the current fiscal year.

Insiders Place Their Bets

In other Dutch Bros news, Chairman Travis Boersma sold 1,678,616 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $55.44, for a total transaction of $93,062,471.04. Following the transaction, the chairman owned 9,817 shares in the company, valued at approximately $544,254.48. This trade represents a 99.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Dm Individual Aggregator, Llc sold 648,089 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $55.44, for a total value of $35,930,054.16. Following the transaction, the insider owned 9,817 shares of the company’s stock, valued at $544,254.48. The trade was a 98.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 3,465,214 shares of company stock valued at $189,800,291. 42.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Osterweis Capital Management Inc. bought a new stake in shares of Dutch Bros during the second quarter worth approximately $27,000. Brown Lisle Cummings Inc. acquired a new stake in Dutch Bros during the 4th quarter worth approximately $31,000. Rakuten Securities Inc. boosted its stake in Dutch Bros by 557.4% in the 2nd quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock valued at $31,000 after purchasing an additional 379 shares during the period. Ankerstar Wealth LLC acquired a new position in Dutch Bros in the 4th quarter valued at $31,000. Finally, Quarry LP increased its position in Dutch Bros by 83.5% during the 4th quarter. Quarry LP now owns 600 shares of the company’s stock worth $37,000 after buying an additional 273 shares during the period. 85.54% of the stock is currently owned by institutional investors and hedge funds.

Key Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Q4 results beat expectations — Dutch Bros reported an earnings and revenue beat with accelerating comps and strong operating metrics, which sparked the immediate rally. Dutch Bros Q4 Results (Business Wire)
• Positive Sentiment: Same-store sales and brand momentum — Management highlighted 7.7% same-store sales growth and rising brand penetration, supporting sustainable sales growth beyond new-store additions. Dutch Bros drives Q4 momentum (NRN)
• Positive Sentiment: Aggressive store rollout and M&A to speed market entry — Dutch Bros reiterated accelerated expansion (targeting ~2,029 locations by 2029 and ~181+ new shops in 2026) and recently acquired Clutch Coffee to help enter new markets faster — a growth catalyst for long-term revenue. Dutch Bros growth thesis (Seeking Alpha)
• Positive Sentiment: Analyst support and price-target momentum — Street buyers and recent analyst notes (e.g., TD Cowen reaffirmation) added conviction after the quarter, helping sentiment and buy-side interest. Dutch Bros stock reaction & analyst notes (Benzinga)
• Positive Sentiment: Unusually heavy call buying — Options flow showed a large increase in call purchases, signaling speculative or institutional bullish positioning ahead of/after the print (noted in market flow data).
• Neutral Sentiment: Guidance and margin outlook are mixed — Management guides for strong revenue (~$2B) but flags margin pressure from coffee input costs and food expansion; the company expects only modest margin contraction (~60 bps), which investors will monitor. Margin/guidance discussion (Seeking Alpha)
• Negative Sentiment: High valuation and execution risk — BROS trades at a rich multiple (P/E well above peers), so upside depends on continued high-single/low-double-digit unit growth and margin stability.
• Negative Sentiment: Insider selling and leverage noted in filings — Recent aggregated insider dispositions and rising liabilities highlighted in data summaries could be a caution for some investors; watch future insider activity and balance-sheet trends. QuiverQuant: Q4 results & insider data

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on BROS shares. Piper Sandler cut their price objective on Dutch Bros from $73.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Barclays raised their target price on shares of Dutch Bros from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. KeyCorp reiterated an “overweight” rating on shares of Dutch Bros in a report on Friday, January 9th. Zacks Research lowered shares of Dutch Bros from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, Sanford C. Bernstein reaffirmed an “overweight” rating and issued a $76.00 target price on shares of Dutch Bros in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Dutch Bros currently has an average rating of “Moderate Buy” and an average target price of $77.05.

About Dutch Bros

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.