Shares of BRC Inc. (NYSE:BRCC – Get Rating) have been given a consensus recommendation of "Moderate Buy" by the nine research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $12.67.

BRCC has been the subject of several recent research reports. Telsey Advisory Group decreased their price objective on BRC from $18.00 to $12.00 and set an "outperform" rating for the company in a report on Friday, November 11th. Deutsche Bank Aktiengesellschaft decreased their price objective on BRC from $12.00 to $9.00 in a report on Friday, November 11th. Truist Financial decreased their price objective on BRC to $10.00 in a report on Wednesday, November 16th. Finally, DA Davidson decreased their price objective on BRC from $19.00 to $15.00 in a report on Friday, November 11th.

BRC Price Performance

Shares of BRCC opened at $6.08 on Wednesday. BRC has a 52-week low of $5.75 and a 52-week high of $34.00. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.35 and a quick ratio of 1.68. The business's 50 day moving average price is $6.45 and its two-hundred day moving average price is $7.84.

Insider Buying and Selling

In other BRC news, Director Glenn W. Welling acquired 15,000 shares of BRC stock in a transaction on Monday, December 12th. The stock was purchased at an average price of $6.17 per share, for a total transaction of $92,550.00. Following the purchase, the director now directly owns 843,144 shares of the company's stock, valued at $5,202,198.48. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other BRC news, Director Glenn W. Welling acquired 17,712 shares of BRC stock in a transaction on Thursday, December 8th. The stock was purchased at an average price of $5.97 per share, for a total transaction of $105,740.64. Following the purchase, the director now directly owns 818,144 shares of the company's stock, valued at $4,884,319.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Glenn W. Welling purchased 15,000 shares of the company's stock in a transaction dated Monday, December 12th. The shares were purchased at an average cost of $6.17 per share, for a total transaction of $92,550.00. Following the transaction, the director now directly owns 843,144 shares in the company, valued at $5,202,198.48. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 67,712 shares of company stock worth $430,991.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. UBS Group AG purchased a new position in shares of BRC during the 1st quarter valued at $28,000. Tower Research Capital LLC TRC lifted its position in shares of BRC by 251.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,540 shares of the company's stock valued at $28,000 after buying an additional 2,533 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of BRC by 420.6% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 4,685 shares of the company's stock valued at $38,000 after buying an additional 3,785 shares during the last quarter. Strs Ohio purchased a new stake in BRC during the 2nd quarter worth about $48,000. Finally, Spire Wealth Management lifted its holdings in BRC by 381.0% during the 3rd quarter. Spire Wealth Management now owns 6,219 shares of the company's stock worth $48,000 after purchasing an additional 4,926 shares in the last quarter. Hedge funds and other institutional investors own 12.98% of the company's stock.

BRC Company Profile

(Get Rating)

BRC Inc, through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel. The company also produces media content; podcasts; and digital and print journals, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders.

Featured Stories

• Get a free copy of the StockNews.com research report on BRC (BRCC)
• Why Did Immutep Ltd Stock Soar Recently?
• Yum! Brands Looks Tasty in 2023
• 3 Industrial Stocks to Help Build Your 2023 Watchlist
• The Institutions Choose CarMax Over Carvana, Should You?
• Heatmap in Trading: How to Learn What Market Depth Hides

Receive News & Ratings for BRC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRC and related companies with MarketBeat.com's FREE daily email newsletter.