Vital Farms, Inc. (NASDAQ:VITL – Get Free Report) Director Kofi Owusu Amoo-Gottfried bought 2,375 shares of Vital Farms stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $8.45 per share, for a total transaction of $20,068.75. Following the acquisition, the director directly owned 31,061 shares of the company’s stock, valued at $262,465.45. The trade was a 8.28% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Vital Farms Stock Performance
Shares of NASDAQ:VITL opened at $9.17 on Wednesday. The business has a 50-day moving average of $12.93 and a two-hundred day moving average of $23.87. The firm has a market capitalization of $392.93 million, a PE ratio of 8.82 and a beta of 1.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.77 and a quick ratio of 1.00. Vital Farms, Inc. has a 12 month low of $7.95 and a 12 month high of $53.13.
Vital Farms (NASDAQ:VITL – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.12). The business had revenue of $187.16 million for the quarter, compared to analyst estimates of $182.40 million. Vital Farms had a return on equity of 14.47% and a net margin of 6.10%.The firm’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period last year, the company posted $0.37 EPS. As a group, research analysts forecast that Vital Farms, Inc. will post -0.45 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on VITL
More Vital Farms News
Here are the key news stories impacting Vital Farms this week:
- Positive Sentiment: Multiple Vital Farms insiders bought shares near $8.00-$8.51, including director Kelly Kennedy, director Kofi Owusu Amoo-Gottfried, CMO Kathryn McKeon, insider Stephanie Coon, and others. These purchases suggest management and board members may view the stock as undervalued. Article: Vital Farms (NASDAQ:VITL) Insider Stephanie Coon Buys 5,895 Shares
- Neutral Sentiment: Analysts offered mixed commentary on Vital Farms, with the overall consensus still at “Hold.” Recent reports included several price-target cuts, which reinforces a cautious outlook even as some firms maintain bullish ratings. Article: Analysts Offer Insights on Consumer Goods Companies: Archer Daniels Midland (ADM) and Vital Farms (VITL)
- Negative Sentiment: Several law firms continue to publicize a securities class action against Vital Farms, with a key lead-plaintiff deadline on May 26. The repeated litigation alerts may weigh on investor sentiment by keeping legal risk in focus. Article: VITL DEADLINE: ROSEN, TOP-RANKED INVESTOR COUNSEL
Institutional Investors Weigh In On Vital Farms
Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased 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 valued at $90,892,000 after purchasing an additional 530,008 shares during the period. Wasatch Advisors LP grew its stake in shares of Vital Farms by 13.7% in the fourth quarter. Wasatch Advisors LP now owns 2,687,246 shares of the company’s stock worth $85,831,000 after purchasing an additional 324,725 shares in the last quarter. Van Berkom & Associates Inc. increased its holdings in shares of Vital Farms by 1,998.7% during the first quarter. Van Berkom & Associates Inc. now owns 2,261,533 shares of the company’s stock valued at $31,933,000 after purchasing an additional 2,153,775 shares during the period. Principal Financial Group Inc. lifted its holdings in Vital Farms by 41.6% in the first quarter. Principal Financial Group Inc. now owns 2,153,008 shares of the company’s stock worth $30,400,000 after purchasing an additional 632,537 shares during the period. Finally, Wellington Management Group LLP grew its position in Vital Farms by 1.3% in the 4th quarter. Wellington Management Group LLP now owns 2,047,955 shares of the company’s stock valued at $65,412,000 after buying an additional 26,150 shares in the last quarter. 98.59% of the stock is owned by institutional investors and hedge funds.
About Vital Farms
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.
Read More
- Five stocks we like better than Vital Farms
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for Vital Farms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vital Farms and related companies with MarketBeat.com's FREE daily email newsletter.
