Vital Farms, Inc. (NASDAQ:VITL – Get Free Report) CEO Russell Diez-Canseco sold 36,948 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $25.07, for a total transaction of $926,286.36. Following the sale, the chief executive officer now directly owns 368,753 shares of the company’s stock, valued at approximately $9,244,637.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Russell Diez-Canseco also recently made the following trade(s):
- On Friday, April 5th, Russell Diez-Canseco sold 30,000 shares of Vital Farms stock. The shares were sold at an average price of $25.03, for a total transaction of $750,900.00.
- On Tuesday, March 12th, Russell Diez-Canseco sold 31,643 shares of Vital Farms stock. The stock was sold at an average price of $20.94, for a total transaction of $662,604.42.
- On Monday, February 12th, Russell Diez-Canseco sold 27,528 shares of Vital Farms stock. The shares were sold at an average price of $15.49, for a total transaction of $426,408.72.
Vital Farms Stock Performance
VITL stock traded up $0.37 during midday trading on Wednesday, hitting $26.62. The stock had a trading volume of 496,581 shares, compared to its average volume of 405,164. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 46.55 and a beta of 0.89. Vital Farms, Inc. has a 52 week low of $10.00 and a 52 week high of $27.37. The stock has a 50-day simple moving average of $21.51 and a 200 day simple moving average of $16.39. The company has a current ratio of 3.00, a quick ratio of 2.49 and a debt-to-equity ratio of 0.05.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. William Blair started coverage on shares of Vital Farms in a research note on Wednesday, April 10th. They issued an “outperform” rating for the company. Lake Street Capital lifted their target price on shares of Vital Farms from $26.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday. TheStreet upgraded shares of Vital Farms from a “c” rating to a “b-” rating in a report on Monday, March 18th. Finally, Stifel Nicolaus boosted their target price on shares of Vital Farms from $15.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.20.
Get Our Latest Research Report on Vital Farms
Institutional Investors Weigh In On Vital Farms
A number of large investors have recently added to or reduced their stakes in the business. Rice Hall James & Associates LLC boosted its stake in shares of Vital Farms by 82.1% during the first quarter. Rice Hall James & Associates LLC now owns 373,392 shares of the company’s stock valued at $8,681,000 after purchasing an additional 168,296 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new position in shares of Vital Farms during the first quarter valued at approximately $656,000. Ranger Investment Management L.P. purchased a new position in Vital Farms in the fourth quarter worth $3,016,000. Tower Research Capital LLC TRC raised its stake in shares of Vital Farms by 211.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,175 shares of the company’s stock valued at $97,000 after buying an additional 4,192 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Vital Farms during the 4th quarter valued at $720,000. Institutional investors own 98.59% of the company’s stock.
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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