Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Vita Coco Company, Inc. (NASDAQ:COCO)

Key Points

• Rep. Gilbert Ray Cisneros, Jr. purchased $1,001–$15,000 of Vita Coco (NASDAQ:COCO) on September 17 through a Bank of America trust account.
• Vita Coco reported strong quarterly results, with EPS of $0.82 versus a $0.56 estimate and revenue of $216.15 million, up 28.1% year over year.
• COCO opened at $57.61, while analysts maintain a “Moderate Buy” consensus with an average price target of $73.50; institutional investors own 88.49% of the shares.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Vita Coco Company, Inc. (NASDAQ:COCO). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Vita Coco stock on September 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Benchmark Electronics NYSE: BHE on 10/1/2026.
• Sold $1,001 - $15,000 in shares of Oxford Industries NYSE: OXM on 9/29/2026.
• Sold $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/29/2026.
• Sold $15,001 - $50,000 in shares of ITT NYSE: ITT on 9/29/2026.
• Sold $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Cytokinetics NASDAQ: CYTK on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Ultragenyx Pharmaceutical NASDAQ: RARE on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of YETI NYSE: YETI on 9/29/2026.
• Sold $1,001 - $15,000 in shares of AtriCure NASDAQ: ATRC on 9/29/2026.

Vita Coco Stock Performance

NASDAQ:COCO opened at $57.61 on Wednesday. The company has a market cap of $3.31 billion, a PE ratio of 31.83, a PEG ratio of 1.55 and a beta of 0.76. Vita Coco Company, Inc. has a 52-week low of $38.07 and a 52-week high of $85.83. The stock has a 50-day simple moving average of $58.95 and a 200 day simple moving average of $64.35.

Vita Coco (NASDAQ:COCO - Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.26. The business had revenue of $216.15 million for the quarter, compared to analyst estimates of $210.64 million. Vita Coco had a return on equity of 31.09% and a net margin of 15.50%. Vita Coco's revenue for the quarter was up 28.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.38 EPS. On average, research analysts predict that Vita Coco Company, Inc. will post 1.96 earnings per share for the current fiscal year.

Institutional Trading of Vita Coco

A number of large investors have recently added to or reduced their stakes in COCO. BlackRock Inc. acquired a new stake in Vita Coco during the 2nd quarter worth approximately $463,654,000. Wasatch Advisors LP lifted its holdings in shares of Vita Coco by 80.3% during the first quarter. Wasatch Advisors LP now owns 3,675,489 shares of the company's stock worth $176,093,000 after buying an additional 1,637,437 shares in the last quarter. Congress Asset Management Co. lifted its holdings in shares of Vita Coco by 2.8% during the third quarter. Congress Asset Management Co. now owns 1,240,321 shares of the company's stock worth $71,015,000 after buying an additional 33,219 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Vita Coco by 6.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,073,413 shares of the company's stock valued at $51,422,000 after acquiring an additional 61,950 shares during the period. Finally, Bank of America Corp DE bought a new stake in shares of Vita Coco in the second quarter valued at about $56,722,000. Institutional investors and hedge funds own 88.49% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wells Fargo & Company lowered their price objective on shares of Vita Coco from $85.00 to $65.00 and set an "overweight" rating on the stock in a report on Monday, October 5th. Morgan Stanley boosted their price objective 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. Zacks Research cut shares of Vita Coco from a "strong-buy" rating to a "hold" rating in a report on Monday, September 21st. Evercore raised their target price on shares of Vita Coco from $75.00 to $80.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. Finally, Piper Sandler decreased their target price on shares of Vita Coco from $89.00 to $83.00 and set an "overweight" rating for the company in a research report on Thursday, September 10th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $73.50.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Vita Coco

The Vita Coco Company, Inc is a beverage company focused on hydration and wellness products. Its flagship brand, Vita Coco, offers coconut water and related coconut-based beverages, including flavored and nutrient-enhanced varieties. The company also markets other functional and hydration-focused products under brands such as PWR LIFT and Ever & Ever.

Founded in 2004, Vita Coco helped expand the mainstream market for packaged coconut water. The company sells its products through grocery stores, mass retailers, convenience stores, clubs, e-commerce platforms, and food-service channels.

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