Rothschild Investment LLC Has $68,000 Position in Vital Farms, Inc. (NASDAQ:VITL)

Rothschild Investment LLC grew its holdings in Vital Farms, Inc. (NASDAQ:VITL) by 191.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,814 shares of the company’s stock after purchasing an additional 1,191 shares during the quarter. Rothschild Investment LLC’s holdings in Vital Farms were worth $68,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. grew its position in Vital Farms by 4.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 7,857 shares of the company’s stock worth $276,000 after buying an additional 329 shares in the last quarter. Principal Securities Inc. grew its position in Vital Farms by 29.4% during the fourth quarter. Principal Securities Inc. now owns 1,673 shares of the company’s stock worth $63,000 after buying an additional 380 shares in the last quarter. Lifestyle Asset Management Inc. grew its position in Vital Farms by 5.1% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,345 shares of the company’s stock worth $390,000 after buying an additional 499 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Vital Farms during the third quarter worth about $35,000. Finally, Quarry LP grew its position in Vital Farms by 87.1% during the third quarter. Quarry LP now owns 2,414 shares of the company’s stock worth $85,000 after buying an additional 1,124 shares in the last quarter. 98.59% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on VITL shares. Craig Hallum started coverage on Vital Farms in a research report on Friday, December 20th. They set a “buy” rating and a $50.00 target price on the stock. Stifel Nicolaus lifted their target price on Vital Farms from $34.00 to $44.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Jefferies Financial Group decreased their price objective on Vital Farms from $45.00 to $41.00 and set a “buy” rating on the stock in a report on Monday, November 11th. Telsey Advisory Group reiterated an “outperform” rating and issued a $52.00 price objective on shares of Vital Farms in a research note on Tuesday, February 18th. Finally, TD Cowen upped their price objective on Vital Farms from $41.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Vital Farms currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.57.

Vital Farms Stock Up 5.7 %

Shares of VITL opened at $33.88 on Thursday. The company has a market capitalization of $1.48 billion, a P/E ratio of 30.25 and a beta of 0.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.24 and a quick ratio of 2.81. Vital Farms, Inc. has a one year low of $17.27 and a one year high of $48.41. The business’s 50 day simple moving average is $38.98 and its 200-day simple moving average is $35.67.

Insider Transactions at Vital Farms

In other news, insider Matthew Ohayer sold 24,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $38.19, for a total value of $916,560.00. Following the transaction, the insider now directly owns 7,038,890 shares of the company’s stock, valued at $268,815,209.10. The trade was a 0.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Russell Diez-Canseco sold 44,728 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $37.66, for a total value of $1,684,456.48. Following the completion of the transaction, the chief executive officer now directly owns 613,797 shares in the company, valued at $23,115,595.02. The trade was a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 190,202 shares of company stock valued at $7,855,957 in the last three months. 27.60% of the stock is owned by corporate insiders.

About Vital Farms

Vital Farms, Inc, a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.