Vita Coco (NASDAQ:COCO) Shares Gap Up – Should You Buy?

Posted by Stanley Muller on Aug 20th, 2026

Vita Coco Company, Inc. (NASDAQ:COCO – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $63.54, but opened at $67.25. Vita Coco shares last traded at $65.96, with a volume of 24,044 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Citigroup reaffirmed a “buy” rating on shares of Vita Coco in a report on Tuesday, May 26th. Morgan Stanley raised their price target on shares of Vita Coco from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. The Goldman Sachs Group set a $90.00 price objective on shares of Vita Coco and gave the company a “buy” rating in a report on Thursday, July 23rd. Wells Fargo & Company increased their price objective on shares of Vita Coco from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Vita Coco in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.71.

View Our Latest Research Report on COCO

Vita Coco Stock Performance

The firm has a market cap of $3.80 billion, a price-to-earnings ratio of 36.54, a PEG ratio of 1.20 and a beta of 0.77. The business’s 50 day moving average price is $71.44 and its 200 day moving average price is $63.88.

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

Insider Transactions at Vita Coco

In related news, insider Es Charles Van sold 8,045 shares of Vita Coco stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $75.05, for a total value of $603,777.25. Following the completion of the transaction, the insider owned 59,085 shares in the company, valued at $4,434,329.25. The trade was a 11.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ira Liran sold 73,842 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $80.32, for a total value of $5,930,989.44. Following the completion of the transaction, the director directly owned 402,579 shares of the company’s stock, valued at $32,335,145.28. The trade was a 15.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 351,945 shares of company stock valued at $28,007,266 in the last ninety days. 12.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Vita Coco

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Vita Coco during the 2nd quarter worth approximately $463,654,000. Wasatch Advisors LP lifted its position in shares of Vita Coco by 80.3% in the first quarter. Wasatch Advisors LP now owns 3,675,489 shares of the company’s stock valued at $176,093,000 after acquiring an additional 1,637,437 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Vita Coco by 232.2% in the third quarter. Wellington Management Group LLP now owns 1,992,404 shares of the company’s stock worth $84,617,000 after acquiring an additional 1,392,678 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in Vita Coco in the 4th quarter valued at $73,242,000. Finally, Bank of America Corp DE purchased a new position in Vita Coco in the 2nd quarter valued at $56,722,000. 88.49% of the stock is currently owned by institutional investors and hedge funds.

Vita Coco Company Profile

(Get 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.