Capital Fund Management S.A. Invests $1.28 Million in Vital Farms, Inc. $VITL

Key Points

• Capital Fund Management S.A. has invested approximately $1.28 million in Vital Farms by acquiring 42,000 shares, representing around 0.09% of the company's stock.
• Equities analysts have shown a positive outlook on Vital Farms, with several firms raising their target prices, and an average rating of "Buy" among eleven analysts.
• Vital Farms reported a revenue of $184.77 million for the latest quarter, surpassing analyst expectations and marking a 25.4% year-over-year increase.

Capital Fund Management S.A. purchased a new position in Vital Farms, Inc. (NASDAQ:VITL - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 42,000 shares of the company's stock, valued at approximately $1,280,000. Capital Fund Management S.A. owned about 0.09% of Vital Farms at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in Vital Farms by 0.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 75,420 shares of the company's stock worth $2,298,000 after buying an additional 337 shares during the last quarter. US Bancorp DE raised its position in Vital Farms by 36.2% in the 1st quarter. US Bancorp DE now owns 1,929 shares of the company's stock worth $59,000 after buying an additional 513 shares during the last quarter. Stifel Financial Corp raised its position in Vital Farms by 6.8% in the 4th quarter. Stifel Financial Corp now owns 8,117 shares of the company's stock worth $306,000 after buying an additional 518 shares during the last quarter. Vontobel Holding Ltd. raised its position in Vital Farms by 6.6% in the 1st quarter. Vontobel Holding Ltd. now owns 8,421 shares of the company's stock worth $257,000 after buying an additional 521 shares during the last quarter. Finally, Dakota Wealth Management raised its position in Vital Farms by 8.4% in the 1st quarter. Dakota Wealth Management now owns 7,861 shares of the company's stock worth $240,000 after buying an additional 611 shares during the last quarter. Hedge funds and other institutional investors own 98.59% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Mizuho boosted their target price on Vital Farms from $45.00 to $53.00 and gave the stock an "outperform" rating in a research report on Monday, August 11th. DA Davidson boosted their target price on Vital Farms from $51.00 to $52.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Stifel Nicolaus boosted their target price on Vital Farms from $44.00 to $48.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. BMO Capital Markets reissued an "outperform" rating on shares of Vital Farms in a research report on Friday, August 8th. Finally, Lake Street Capital set a $60.00 target price on Vital Farms and gave the stock a "buy" rating in a research report on Friday, August 8th. Eleven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Vital Farms has an average rating of "Buy" and a consensus price target of $48.20.

Vital Farms Price Performance

NASDAQ VITL opened at $51.70 on Tuesday. Vital Farms, Inc. has a 52 week low of $27.91 and a 52 week high of $52.63. The firm has a market capitalization of $2.31 billion, a P/E ratio of 46.16 and a beta of 0.94. The company has a quick ratio of 2.10, a current ratio of 2.48 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $40.23 and a 200-day moving average price of $35.43.

Vital Farms (NASDAQ:VITL - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.27 by $0.09. Vital Farms had a net margin of 7.84% and a return on equity of 18.40%. The firm had revenue of $184.77 million during the quarter, compared to analyst estimates of $170.28 million. During the same quarter in the prior year, the firm earned $0.36 EPS. The business's revenue for the quarter was up 25.4% compared to the same quarter last year. Vital Farms has set its FY 2025 guidance at EPS. Equities research analysts anticipate that Vital Farms, Inc. will post 1.11 earnings per share for the current year.

Insider Buying and Selling at Vital Farms

In other news, insider Matthew Ohayer sold 4,200 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $50.25, for a total transaction of $211,050.00. Following the completion of the sale, the insider owned 6,827,070 shares of the company's stock, valued at $343,060,267.50. This represents a 0.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Thilo Wrede sold 1,200 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $38.97, for a total transaction of $46,764.00. Following the sale, the chief financial officer directly owned 56,187 shares of the company's stock, valued at $2,189,607.39. The trade was a 2.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 99,105 shares of company stock worth $3,896,696 over the last 90 days. 21.30% of the stock is owned by company 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.

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