Headlands Technologies LLC increased its position in Vital Farms, Inc. (NASDAQ:VITL – Free Report) by 98.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,844 shares of the company’s stock after purchasing an additional 70,233 shares during the period. Headlands Technologies LLC owned approximately 0.33% of Vital Farms worth $1,650,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Van Berkom & Associates Inc. bought a new position in Vital Farms in the 4th quarter valued at approximately $3,442,000. Principal Financial Group Inc. increased its holdings in shares of Vital Farms by 10.4% in the 4th quarter. Principal Financial Group Inc. now owns 1,520,471 shares of the company’s stock worth $48,564,000 after purchasing an additional 142,790 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vital Farms by 22.9% in the fourth quarter. Vanguard Group Inc. now owns 2,845,714 shares of the company’s stock worth $90,892,000 after purchasing an additional 530,008 shares during the last quarter. Mawer Investment Management Ltd. purchased a new position in shares of Vital Farms in the fourth quarter worth $6,901,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Vital Farms by 46.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,405,032 shares of the company’s stock valued at $19,836,000 after purchasing an additional 447,728 shares in the last quarter. 98.59% of the stock is owned by hedge funds and other institutional investors.
Vital Farms Stock Down 1.0%
Vital Farms stock opened at $10.68 on Tuesday. Vital Farms, Inc. has a one year low of $7.95 and a one year high of $52.79. The stock has a fifty day moving average of $12.09 and a 200 day moving average of $13.64. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.60 and a current ratio of 1.10. The stock has a market cap of $458.49 million, a PE ratio of -267.00 and a beta of 1.07.
Analysts Set New Price Targets
Several equities research analysts recently commented on VITL shares. Telsey Advisory Group cut Vital Farms from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Friday, May 8th. Benchmark upgraded shares of Vital Farms from a “hold” rating to a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of Vital Farms from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, August 25th. TD Cowen lifted their price target on shares of Vital Farms from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Friday, August 7th. Finally, Wall Street Zen lowered shares of Vital Farms from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Vital Farms has a consensus rating of “Hold” and an average target price of $17.18.
Read Our Latest Stock Analysis on Vital Farms
Vital Farms Profile
Vital Farms, traded on the NASDAQ under the symbol VITL, is a U.S.-based food company specializing in pasture-raised egg and dairy products. The company partners with a network of family farms across the United States to produce eggs, butter and related items under a certified humane, pasture-centric farming model. Vital Farms’ supply chain emphasizes animal welfare, environmental stewardship and transparent sourcing, appealing to consumers seeking ethically produced, high-quality ingredients.
Founded in 2007 and headquartered in Austin, Texas, Vital Farms began by marketing pasture-raised eggs to health- and ethically minded shoppers.
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