BROS - Insider Decision: TSG A Management LLC Offloads $271.00M Worth Of Dutch Bros Stock | Benzinga
Making a noteworthy insider sell on March 28, TSG A Management LLC, 10% Owner at Dutch Bros (NYSE:BROS), is reported in the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that LLC sold 8,000,000 shares of Dutch Bros. The total transaction amounted to $271,000,000.
As of Friday morning, Dutch Bros shares are down by 0.12%, currently priced at $33.11.
About Dutch Bros
Dutch Bros Inc is an operator and franchisor of drive-thru coffee shops that are focused on serving hand-crafted beverages. The company's hand-crafted beverage-focused lineup features hot and cold espresso-based beverages, cold brew coffee products, proprietary energy drinks, tea, lemonade, smoothies and other beverages. The company has two reportable operating segments company-operated shops and franchising and other.
A Deep Dive into Dutch Bros's Financials
Positive Revenue Trend: Examining Dutch Bros's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 25.91% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth ...