Vital Farms, Inc. (NASDAQ:VITL – Get Free Report) CEO Russell Diez-Canseco sold 44,728 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $37.66, for a total transaction of $1,684,456.48. Following the transaction, the chief executive officer now owns 613,797 shares in the company, valued at $23,115,595.02. This represents a 6.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Russell Diez-Canseco also recently made the following trade(s):
- On Monday, October 14th, Russell Diez-Canseco sold 44,653 shares of Vital Farms stock. The stock was sold at an average price of $40.07, for a total transaction of $1,789,245.71.
Vital Farms Stock Down 4.1 %
VITL stock opened at $37.23 on Thursday. The company has a quick ratio of 2.81, a current ratio of 3.24 and a debt-to-equity ratio of 0.04. The business has a 50 day moving average of $34.84 and a 200 day moving average of $36.37. Vital Farms, Inc. has a twelve month low of $14.16 and a twelve month high of $48.41. The firm has a market cap of $1.63 billion, a PE ratio of 33.24 and a beta of 0.93.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in VITL. 1620 Investment Advisors Inc. bought a new stake in shares of Vital Farms during the second quarter valued at approximately $42,000. Brown Brothers Harriman & Co. bought a new stake in shares of Vital Farms in the 3rd quarter worth $35,000. CWM LLC raised its stake in shares of Vital Farms by 162.9% in the second quarter. CWM LLC now owns 1,057 shares of the company’s stock worth $49,000 after purchasing an additional 655 shares during the last quarter. Quarry LP lifted its holdings in shares of Vital Farms by 180.4% during the second quarter. Quarry LP now owns 1,290 shares of the company’s stock valued at $60,000 after purchasing an additional 830 shares in the last quarter. Finally, nVerses Capital LLC boosted its position in shares of Vital Farms by 66.7% during the second quarter. nVerses Capital LLC now owns 2,000 shares of the company’s stock valued at $94,000 after buying an additional 800 shares during the last quarter. Institutional investors own 98.59% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on VITL shares. Jefferies Financial Group decreased their target price on Vital Farms from $45.00 to $41.00 and set a “buy” rating for the company in a research report on Monday, November 11th. TD Cowen reduced their price target on Vital Farms from $46.00 to $41.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Finally, DA Davidson raised their price objective on Vital Farms from $44.00 to $48.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Vital Farms has a consensus rating of “Moderate Buy” and a consensus target price of $39.20.
Get Our Latest Report on Vital Farms
About Vital Farms
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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