Insider Selling: Vita Coco (NASDAQ:COCO) COO Sells $2,550,000.00 in Stock

Vita Coco Company, Inc. (NASDAQ:COCO) COO Jonathan Burth sold 40,000 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $63.75, for a total value of $2,550,000.00. Following the sale, the chief operating officer directly owned 57,910 shares of the company’s stock, valued at approximately $3,691,762.50. This represents a 40.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jonathan Burth also recently made the following trade(s):

• On Thursday, April 30th, Jonathan Burth sold 20,000 shares of Vita Coco stock. The stock was sold at an average price of $67.50, for a total value of $1,350,000.00.
• On Monday, March 16th, Jonathan Burth sold 60,000 shares of Vita Coco stock. The stock was sold at an average price of $58.65, for a total value of $3,519,000.00.

Vita Coco Price Performance

COCO opened at $66.75 on Monday. The firm has a market cap of $3.81 billion, a PE ratio of 48.72, a P/E/G ratio of 1.60 and a beta of 0.72. The business has a fifty day simple moving average of $52.70 and a 200-day simple moving average of $51.36. Vita Coco Company, Inc. has a fifty-two week low of $30.54 and a fifty-two week high of $69.58.

Vita Coco (NASDAQ:COCO) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.16. The business had revenue of $179.77 million during the quarter, compared to analyst estimates of $148.39 million. Vita Coco had a return on equity of 25.43% and a net margin of 12.59%.The company’s revenue was up 37.4% compared to the same quarter last year. During the same period last year, the company posted $0.31 EPS. On average, equities research analysts anticipate that Vita Coco Company, Inc. will post 1.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Vita Coco

Institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd increased its stake in Vita Coco by 2,636.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company’s stock valued at $28,000 after acquiring an additional 501 shares during the period. Clearstead Advisors LLC increased its stake in Vita Coco by 22,500.0% during the third quarter. Clearstead Advisors LLC now owns 678 shares of the company’s stock valued at $29,000 after acquiring an additional 675 shares during the period. Quarry LP increased its stake in Vita Coco by 12,633.3% during the third quarter. Quarry LP now owns 764 shares of the company’s stock valued at $32,000 after acquiring an additional 758 shares during the period. GAMMA Investing LLC increased its stake in Vita Coco by 25.0% during the fourth quarter. GAMMA Investing LLC now owns 1,134 shares of the company’s stock valued at $60,000 after acquiring an additional 227 shares during the period. Finally, Mather Group LLC. bought a new position in Vita Coco during the third quarter valued at about $54,000. 88.49% of the stock is currently owned by institutional investors.

More Vita Coco News

Here are the key news stories impacting Vita Coco this week:

• Positive Sentiment: Strong Q1 beat and raised guidance — COCO reported $0.50 EPS and ~ $180M revenue (≈+37% YoY), beat estimates, and raised full‑year revenue/EBITDA guidance; that print is the main catalyst for the recent rally. Press Release
• Positive Sentiment: Analyst upgrades and higher targets — Wells Fargo raised its price target to $75 and put an Overweight on COCO, and other banks (Goldman, Jefferies, Evercore) have also issued buy/outperform views, reinforcing buy‑side interest. Benzinga
• Positive Sentiment: Momentum/quality recognition — COCO was highlighted on Zacks’ momentum list and picked up coverage noting a 95+ composite rating, supporting the growth narrative among momentum investors. Zacks Momentum MSN: 95+ Rating
• Neutral Sentiment: Insider selling (planned 10b5‑1 trades) — CEO, COO and Chairman disclosed multiple share sales (large blocks in late April). These trades increase float near recent highs but were executed under pre‑arranged 10b5‑1 plans, which lowers governance alarm. Investors should watch follow‑through selling. SEC Form 4
• Neutral Sentiment: High institutional ownership — Institutions own ~88% of shares, which can amplify moves (momentum on the upside, or rapid rotation on any negative news). MarketBeat Profile
• Negative Sentiment: Investor litigation risk — Pomerantz announced an investigation into COCO, which can create headline risk, legal costs, and distracted management focus if it develops. PR Newswire
• Negative Sentiment: New geopolitical risk disclosure — The company flagged heightened geopolitical tensions as a potential pressure on costs, supply chain and margins; worsening conditions could hit gross margins or availability. TipRanks
• Negative Sentiment: Longer‑term skepticism — Some analysts/commentaries caution that COCO’s category is niche and competition could cap long‑term upside, tempering valuation expectations after the run. Seeking Alpha

Wall Street Analysts Forecast Growth

COCO has been the subject of several recent analyst reports. Zacks Research raised Vita Coco from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Wall Street Zen raised Vita Coco from a “sell” rating to a “buy” rating in a research report on Saturday. Evercore reaffirmed an “outperform” rating and issued a $70.00 target price on shares of Vita Coco in a research report on Thursday, March 12th. Morgan Stanley set a $65.00 target price on Vita Coco in a research report on Thursday. Finally, Jefferies Financial Group raised their target price on Vita Coco from $63.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Vita Coco currently has an average rating of “Moderate Buy” and a consensus target price of $69.00.

About Vita Coco

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.