Simplicity Wealth LLC Invests $506,000 in Vita Coco Company, Inc. $COCO

Posted by George Bondi on Aug 18th, 2026

Simplicity Wealth LLC bought a new position in shares of Vita Coco Company, Inc. (NASDAQ:COCO – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,645 shares of the company’s stock, valued at approximately $506,000.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Vita Coco by 8.2% during the 4th quarter. Vanguard Group Inc. now owns 3,149,584 shares of the company’s stock worth $166,959,000 after purchasing an additional 237,510 shares during the period. Wasatch Advisors LP increased its holdings in shares of Vita Coco by 80.3% during the 1st quarter. Wasatch Advisors LP now owns 3,675,489 shares of the company’s stock valued at $176,093,000 after purchasing an additional 1,637,437 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Vita Coco by 73.9% in the 1st quarter. Bank of New York Mellon Corp now owns 253,362 shares of the company’s stock valued at $12,139,000 after purchasing an additional 107,684 shares during the period. King Luther Capital Management Corp lifted its stake in shares of Vita Coco by 35.6% in the 4th quarter. King Luther Capital Management Corp now owns 136,987 shares of the company’s stock valued at $7,262,000 after purchasing an additional 35,937 shares during the period. Finally, Pier Capital LLC purchased a new stake in Vita Coco during the fourth quarter worth $7,318,000. 88.49% of the stock is currently owned by hedge funds and other institutional investors.

Vita Coco Stock Performance

Vita Coco stock opened at $65.50 on Tuesday. The company’s fifty day moving average price is $71.88 and its 200 day moving average price is $63.73. Vita Coco Company, Inc. has a 1 year low of $33.12 and a 1 year high of $85.83. The stock has a market capitalization of $3.76 billion, a P/E ratio of 36.19, a P/E/G ratio of 1.23 and a beta of 0.77.

Vita Coco (NASDAQ:COCO – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.56 by $0.26. The company had revenue of $216.15 million during the quarter, compared to analyst estimates of $210.64 million. Vita Coco had a net margin of 15.50% and a return on equity of 31.09%. The firm’s revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 EPS. Sell-side analysts predict that Vita Coco Company, Inc. will post 1.96 EPS for the current year.

Insider Activity

In other news, insider Es Charles Van sold 8,045 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $75.05, for a total transaction of $603,777.25. Following the completion of the sale, the insider owned 59,085 shares of the company’s stock, valued at $4,434,329.25. The trade was a 11.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kenneth Sadowsky sold 3,900 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $82.92, for a total transaction of $323,388.00. Following the transaction, the director owned 580,296 shares of the company’s stock, valued at approximately $48,118,144.32. This trade represents a 0.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 355,845 shares of company stock worth $28,309,399 over the last 90 days. 12.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

COCO has been the topic of several analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Vita Coco in a research report on Wednesday, July 29th. Piper Sandler upped their price objective on shares of Vita Coco from $74.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. The Goldman Sachs Group set a $90.00 target price on shares of Vita Coco and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Zacks Research upgraded Vita Coco from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Citigroup restated a “buy” rating on shares of Vita Coco in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Vita Coco currently has a consensus rating of “Moderate Buy” and an average target price of $77.71.

View Our Latest Stock Report on Vita Coco

About Vita Coco

(Free Report)

Vita Coco, Inc (NASDAQ: COCO) is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.

The company’s flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.