Vital Farms, Inc. (NASDAQ:VITL) Shares Sold by AWM Investment Company Inc.

AWM Investment Company Inc. reduced its holdings in shares of Vital Farms, Inc. (NASDAQ:VITL - Free Report) by 12.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 242,249 shares of the company's stock after selling 33,168 shares during the period. AWM Investment Company Inc. owned approximately 0.55% of Vital Farms worth $9,130,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. CIBC Private Wealth Group LLC increased its stake in shares of Vital Farms by 152.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 895 shares of the company's stock worth $35,000 after acquiring an additional 540 shares during the period. US Bancorp DE increased its position in shares of Vital Farms by 160.3% in the fourth quarter. US Bancorp DE now owns 1,416 shares of the company's stock valued at $53,000 after buying an additional 872 shares in the last quarter. Frazier Financial Advisors LLC acquired a new position in Vital Farms during the fourth quarter worth about $59,000. Principal Securities Inc. increased 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. Finally, Rothschild Investment LLC raised its stake in Vital Farms by 191.2% in the 4th quarter. Rothschild Investment LLC now owns 1,814 shares of the company's stock valued at $68,000 after purchasing an additional 1,191 shares during the last quarter. 98.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VITL. BMO Capital Markets raised shares of Vital Farms to a "strong-buy" rating in a research note on Tuesday, May 6th. William Blair reaffirmed an "outperform" rating on shares of Vital Farms in a research report on Friday, February 28th. DA Davidson dropped their target price on Vital Farms from $44.00 to $42.00 and set a "buy" rating for the company in a research note on Friday, March 14th. Telsey Advisory Group reiterated an "outperform" rating and set a $52.00 target price on shares of Vital Farms in a research report on Monday, May 5th. Finally, Morgan Stanley lowered their price target on Vital Farms from $40.00 to $39.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Eight equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $44.63.

Insider Buying and Selling at Vital Farms

In other news, insider Matthew Ohayer sold 4,000 shares of the business's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $31.39, for a total value of $125,560.00. Following the completion of the sale, the insider now directly owns 6,966,890 shares in the company, valued at approximately $218,690,677.10. The trade was a 0.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Russell Diez-Canseco sold 45,124 shares of the firm's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $33.69, for a total value of $1,520,227.56. Following the transaction, the chief executive officer now owns 703,736 shares in the company, valued at $23,708,865.84. This trade represents a 6.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 93,124 shares of company stock worth $3,019,308 in the last ninety days. 27.60% of the stock is owned by insiders.

Vital Farms Stock Down 3.2%

Shares of NASDAQ VITL traded down $1.11 on Monday, hitting $33.23. The company had a trading volume of 715,928 shares, compared to its average volume of 1,028,769. The company has a quick ratio of 2.81, a current ratio of 3.24 and a debt-to-equity ratio of 0.04. Vital Farms, Inc. has a 12-month low of $27.91 and a 12-month high of $48.41. The firm has a market capitalization of $1.48 billion, a P/E ratio of 29.67 and a beta of 0.94. The business has a 50 day moving average of $33.17 and a two-hundred day moving average of $35.02.

Vital Farms (NASDAQ:VITL - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.11. Vital Farms had a net margin of 8.68% and a return on equity of 22.29%. The company had revenue of $162.19 million during the quarter, compared to analysts' expectations of $164.43 million. During the same period in the prior year, the company posted $0.43 EPS. The firm's revenue for the quarter was up 9.7% on a year-over-year basis. As a group, equities research analysts forecast that Vital Farms, Inc. will post 1.11 earnings per share for the current fiscal year.

Vital Farms Profile

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.