The Vita Coco Company, Inc. (NASDAQ:COCO – Get Rating) Director Kenneth Sadowsky bought 5,000 shares of the stock in a transaction dated Tuesday, November 22nd. The shares were acquired at an average price of $10.53 per share, with a total value of $52,650.00. Following the completion of the purchase, the director now directly owns 628,383 shares of the company’s stock, valued at $6,616,872.99. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Kenneth Sadowsky also recently made the following trade(s):
- On Friday, November 18th, Kenneth Sadowsky purchased 5,000 shares of Vita Coco stock. The stock was acquired at an average price of $10.50 per share, for a total transaction of $52,500.00.
Vita Coco Trading Up 9.0 %
Shares of NASDAQ COCO opened at $11.53 on Friday. The company has a quick ratio of 1.79, a current ratio of 2.93 and a debt-to-equity ratio of 0.07. The stock’s 50 day moving average price is $11.20 and its two-hundred day moving average price is $11.89. The Vita Coco Company, Inc. has a 52-week low of $7.39 and a 52-week high of $16.57. The stock has a market capitalization of $644.76 million and a P/E ratio of 88.70.
Institutional Investors Weigh In On Vita Coco
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Wells Fargo & Company dropped their price objective on Vita Coco from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Thursday, November 10th. Credit Suisse Group lifted their price target on shares of Vita Coco from $13.00 to $14.00 and gave the stock an “outperform” rating in a research note on Thursday, August 11th. Four analysts have rated the stock with a buy rating, According to MarketBeat, Vita Coco currently has an average rating of “Buy” and an average price target of $14.00.
About Vita Coco
The Vita Coco Company, Inc develops, markets, and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, and the Asia Pacific. The company offers coconut oil and coconut milk; Hydration Drink Mix, a powdered form of flavored coconut water; sparkling water; Runa, a plant-based energy drink; purified water under the Ever & Ever brand name; and PWR LIFT, a protein-infused fitness drink.
- Get a free copy of the StockNews.com research report on Vita Coco (COCO)
- Three CBD Stocks to Dominate a Budding Industry
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Microsoft Shares: Is it Time to Back Up the Truck?
- Is the 60/40 Portfolio Mix Still in Vogue?
- Institutional Support for Analog Devices Remains High
Receive News & Ratings for Vita Coco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vita Coco and related companies with MarketBeat.com's FREE daily email newsletter.