Y Intercept Hong Kong Ltd Has $715,000 Stock Holdings in Vital Farms, Inc. $VITL

Y Intercept Hong Kong Ltd increased its stake in shares of Vital Farms, Inc. (NASDAQ:VITL) by 458.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,646 shares of the company’s stock after purchasing an additional 41,580 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.11% of Vital Farms worth $715,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Van Berkom & Associates Inc. bought a new position in Vital Farms during the 4th quarter worth about $3,442,000. Divisadero Street Capital Management LP boosted its holdings in shares of Vital Farms by 131.7% in the 3rd quarter. Divisadero Street Capital Management LP now owns 993,338 shares of the company’s stock valued at $40,876,000 after buying an additional 564,711 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Vital Farms by 10.4% in the 4th quarter. Principal Financial Group Inc. now owns 1,520,471 shares of the company’s stock valued at $48,564,000 after acquiring an additional 142,790 shares during the period. Impax Asset Management Group plc grew its holdings in Vital Farms by 119.4% during the fourth quarter. Impax Asset Management Group plc now owns 238,915 shares of the company’s stock worth $7,631,000 after purchasing an additional 130,000 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Vital Farms by 22.9% during the 4th quarter. Vanguard Group Inc. now owns 2,845,714 shares of the company’s stock worth $90,892,000 after acquiring an additional 530,008 shares during the period. Institutional investors own 98.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VITL. TD Cowen lowered Vital Farms from a “buy” rating to a “hold” rating and decreased their price objective for the company from $25.00 to $16.00 in a report on Wednesday, April 8th. Weiss Ratings upgraded shares of Vital Farms from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 7th. DA Davidson raised shares of Vital Farms to a “hold” rating in a report on Monday, July 6th. Mizuho set a $20.00 price target on Vital Farms in a research note on Monday, May 4th. Finally, Morgan Stanley set a $10.00 target price on shares of Vital Farms in a research report on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $24.08.

Vital Farms Price Performance

VITL opened at $12.95 on Monday. Vital Farms, Inc. has a 1 year low of $7.95 and a 1 year high of $53.13. The company has a market capitalization of $554.88 million, a price-to-earnings ratio of 12.45 and a beta of 1.07. The firm’s fifty day moving average price is $10.61 and its two-hundred day moving average price is $18.01. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.77 and a quick ratio of 1.00.

Vital Farms (NASDAQ:VITL) last released its earnings results on Thursday, May 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.12). The business had revenue of $187.16 million during the quarter, compared to the consensus estimate of $182.40 million. Vital Farms had a net margin of 6.10% and a return on equity of 14.47%. The business’s revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 earnings per share. As a group, analysts anticipate that Vital Farms, Inc. will post -0.46 earnings per share for the current fiscal year.

Insider Buying and Selling at Vital Farms

In related news, insider Stephanie Coon bought 5,895 shares of the business’s stock in a transaction on Friday, May 15th. The stock was acquired at an average price of $8.42 per share, for a total transaction of $49,635.90. Following the purchase, the insider directly owned 62,314 shares in the company, valued at $524,683.88. This trade represents a 10.45% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Peter Nicholas Pappas acquired 3,500 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average price of $8.51 per share, with a total value of $29,785.00. Following the completion of the transaction, the insider directly owned 85,169 shares of the company’s stock, valued at $724,788.19. This trade represents a 4.29% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 38,700 shares of company stock valued at $320,864. 3.90% of the stock is owned by corporate insiders.

Vital Farms Profile

Vital Farms, traded on the NASDAQ under the symbol VITL, is a U.S.-based food company specializing in pasture-raised egg and dairy products. The company partners with a network of family farms across the United States to produce eggs, butter and related items under a certified humane, pasture-centric farming model. Vital Farms’ supply chain emphasizes animal welfare, environmental stewardship and transparent sourcing, appealing to consumers seeking ethically produced, high-quality ingredients.

Founded in 2007 and headquartered in Austin, Texas, Vital Farms began by marketing pasture-raised eggs to health- and ethically minded shoppers.