SG Americas Securities LLC Grows Position in Driven Brands Holdings Inc. $DRVN

SG Americas Securities LLC lifted its position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVNFree Report) by 513.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116,957 shares of the company’s stock after buying an additional 97,879 shares during the period. SG Americas Securities LLC owned approximately 0.07% of Driven Brands worth $1,733,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. AustralianSuper Pty Ltd acquired a new position in shares of Driven Brands during the 3rd quarter valued at $44,645,000. Simcoe Capital Management LLC acquired a new stake in Driven Brands in the third quarter valued at $33,911,000. Emeth Value Capital LLC lifted its position in shares of Driven Brands by 34.8% during the third quarter. Emeth Value Capital LLC now owns 3,263,911 shares of the company’s stock worth $52,745,000 after purchasing an additional 842,668 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Driven Brands in the 3rd quarter worth approximately $12,599,000. Finally, Advisory Research Inc. bought a new stake in shares of Driven Brands during the 3rd quarter valued at about $10,725,000. Hedge funds and other institutional investors own 77.08% of the company’s stock.

Insider Activity

In other news, insider Scott L. O’melia sold 46,875 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $16.00, for a total value of $750,000.00. Following the sale, the insider directly owned 326,944 shares of the company’s stock, valued at approximately $5,231,104. This trade represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.50% of the company’s stock.

Driven Brands Stock Performance

Shares of NASDAQ:DRVN opened at $12.34 on Monday. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 2.44. Driven Brands Holdings Inc. has a 12-month low of $9.80 and a 12-month high of $19.74. The firm has a fifty day moving average of $13.61 and a two-hundred day moving average of $14.59. The firm has a market capitalization of $2.03 billion, a P/E ratio of -9.95 and a beta of 1.01.

Key Driven Brands News

Here are the key news stories impacting Driven Brands this week:

  • Positive Sentiment: Brokerage consensus still shows some buy-side support (consensus “Moderate Buy”), which could cap downside if fundamentals are restored. Driven Brands Given Consensus Rating of Moderate Buy
  • Negative Sentiment: Class action filed after Driven Brands disclosed widespread accounting errors and internal control failures; law firm Bleichmar Fonti & Auld says the disclosure caused the stock to drop nearly 40%. This is the core catalyst driving today’s weakness. $DRVN Stock News: Driven Brands Investors Bring Securities Class Action
  • Negative Sentiment: Hagens Berman notifies investors of a securities class action tied to pervasive accounting errors and internal control failures spanning 2023–2025 — adds another high-profile plaintiff firm and legal pressure. Hagens Berman Notifies Driven Brands Investors
  • Negative Sentiment: Multiple firms (Rosen, Faruqi, Pomerantz, Frank R. Cruz, Bernstein Liebhard, Bragar Eagel & Squire, Bronstein, etc.) are soliciting lead plaintiffs and reminding shareholders of the May 8, 2026 lead-plaintiff deadline — this coordination increases likelihood of consolidated litigation and potential settlements. Example: Rosen Law reminder. Rosen Law Firm Encourages Driven Brands Investors to Secure Counsel
  • Negative Sentiment: PR outreach from several plaintiff firms (e.g., Faruqi & Faruqi; Frank R. Cruz; Bronstein) highlights active recruitment of plaintiffs and claims covering purchases between May 9, 2023 and Feb 24, 2026 — watch for developments on alleged misstatements, restatement scope and any executive-level exposure. Example: Faruqi reminder. Faruqi & Faruqi Reminds Investors of Securities Class Action Deadline

Analyst Upgrades and Downgrades

DRVN has been the topic of several analyst reports. Piper Sandler lowered shares of Driven Brands from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $19.00 to $12.00 in a research note on Wednesday, February 25th. Zacks Research upgraded shares of Driven Brands from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. BTIG Research reissued a “buy” rating and set a $21.00 target price on shares of Driven Brands in a report on Thursday, January 8th. Morgan Stanley cut their price target on shares of Driven Brands from $20.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Driven Brands in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $19.71.

View Our Latest Stock Report on DRVN

Driven Brands Profile

(Free Report)

Driven Brands Holdings Inc (NASDAQ: DRVN) is a leading North American provider of automotive aftermarket services, operating through a network of franchised and company-owned locations. The company’s platform encompasses a diverse portfolio of car care and maintenance brands, including Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and Carstar Collision Repair. Driven Brands delivers a full range of services from routine maintenance and oil changes to collision repair, paint protection, and vehicle customization.

Headquartered in Charlotte, North Carolina, Driven Brands serves both individual consumers and commercial clients across the United States and Canada.

Further Reading

Institutional Ownership by Quarter for Driven Brands (NASDAQ:DRVN)

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