Key Points
- CEO Russell Diez-Canseco sold 16,734 shares on Dec. 15 at an average price of $35.05 for $586,526.70, trimming his stake by 2.51% to 649,684 shares (≈$22.77M).
- Vital Farms beat expectations in its latest quarter, reporting EPS of $0.36 versus $0.30 expected and revenue of $198.94M, up 37.2% year‑over‑year.
- Analysts have a consensus rating of "Moderate Buy" with a $50.42 average price target; the stock has a $1.47B market cap, a PE of 24.61 and a 52‑week range of $28.87–$53.13.
Vital Farms, Inc. (NASDAQ:VITL - Get Free Report) insider Matthew Ohayer sold 5,000 shares of Vital Farms stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $35.25, for a total transaction of $176,250.00. Following the transaction, the insider directly owned 6,386,190 shares of the company's stock, valued at approximately $225,113,197.50. This trade represents a 0.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Matthew Ohayer also recently made the following trade(s):
- On Monday, December 1st, Matthew Ohayer sold 25,000 shares of Vital Farms stock. The shares were sold at an average price of $33.17, for a total transaction of $829,250.00.
- On Tuesday, November 4th, Matthew Ohayer sold 5,000 shares of Vital Farms stock. The shares were sold at an average price of $37.78, for a total transaction of $188,900.00.
- On Monday, November 3rd, Matthew Ohayer sold 25,000 shares of Vital Farms stock. The stock was sold at an average price of $31.92, for a total value of $798,000.00.
Vital Farms Stock Up 3.4%
VITL stock traded up $1.10 on Thursday, reaching $33.89. 258,931 shares of the company traded hands, compared to its average volume of 1,176,910. The firm has a fifty day simple moving average of $34.75 and a 200-day simple moving average of $38.99. The company has a market cap of $1.52 billion, a P/E ratio of 25.39 and a beta of 1.06. Vital Farms, Inc. has a one year low of $28.87 and a one year high of $53.13. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.65 and a quick ratio of 2.15.
Vital Farms (NASDAQ:VITL - Get Free Report) last released its earnings results on Tuesday, November 4th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.30 by $0.06. Vital Farms had a return on equity of 20.19% and a net margin of 8.50%.The business had revenue of $198.94 million for the quarter, compared to the consensus estimate of $191.35 million. During the same period in the previous year, the company posted $0.16 earnings per share. The company's revenue for the quarter was up 37.2% compared to the same quarter last year. Research analysts anticipate that Vital Farms, Inc. will post 1.11 earnings per share for the current year.
Institutional Investors Weigh In On Vital Farms
Large investors have recently added to or reduced their stakes in the stock. Exchange Traded Concepts LLC purchased a new stake in Vital Farms during the 3rd quarter valued at $28,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Vital Farms in the 3rd quarter worth $55,000. US Bancorp DE grew its holdings in shares of Vital Farms by 36.2% in the first quarter. US Bancorp DE now owns 1,929 shares of the company's stock worth $59,000 after acquiring an additional 513 shares during the period. Virtus Advisers LLC bought a new stake in shares of Vital Farms in the third quarter worth $105,000. Finally, Assetmark Inc. increased its position in Vital Farms by 18.9% during the second quarter. Assetmark Inc. now owns 3,153 shares of the company's stock valued at $121,000 after acquiring an additional 501 shares during the last quarter. Institutional investors own 98.59% of the company's stock.
Analysts Set New Price Targets
A number of analysts have weighed in on the stock. Benchmark restated a "buy" rating on shares of Vital Farms in a research note on Wednesday. Weiss Ratings reiterated a "hold (c+)" rating on shares of Vital Farms in a report on Monday. Telsey Advisory Group restated an "outperform" rating and issued a $50.00 price objective on shares of Vital Farms in a report on Wednesday. Mizuho lowered their price objective on Vital Farms from $53.00 to $48.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 26th. Finally, DA Davidson set a $47.00 target price on Vital Farms in a research note on Wednesday. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $50.00.
View Our Latest Report on Vital Farms
About Vital Farms
(
Get Free Report)
Vital Farms, Inc, a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.
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