William Blair Investment Management LLC raised its stake in shares of Vital Farms, Inc. (NASDAQ:VITL - Free Report) by 2.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 807,968 shares of the company's stock after buying an additional 21,127 shares during the quarter. William Blair Investment Management LLC owned about 1.81% of Vital Farms worth $31,123,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in VITL. Caitong International Asset Management Co. Ltd grew its holdings in Vital Farms by 20,650.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,660 shares of the company's stock valued at $51,000 after buying an additional 1,652 shares in the last quarter. US Bancorp DE boosted its position in shares of Vital Farms by 36.2% during the 1st quarter. US Bancorp DE now owns 1,929 shares of the company's stock valued at $59,000 after acquiring an additional 513 shares during the last quarter. CWM LLC boosted its position in shares of Vital Farms by 43.2% during the 1st quarter. CWM LLC now owns 2,154 shares of the company's stock valued at $66,000 after acquiring an additional 650 shares during the last quarter. Comerica Bank boosted its position in shares of Vital Farms by 63.2% during the 1st quarter. Comerica Bank now owns 4,049 shares of the company's stock valued at $123,000 after acquiring an additional 1,568 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Vital Farms by 2,059.4% during the 1st quarter. GAMMA Investing LLC now owns 6,003 shares of the company's stock valued at $197,000 after acquiring an additional 5,725 shares during the last quarter. Hedge funds and other institutional investors own 98.59% of the company's stock.
Vital Farms Stock Performance
NASDAQ:VITL opened at $40.85 on Friday. The business has a 50 day moving average of $46.14 and a 200 day moving average of $38.98. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 36.47 and a beta of 0.92. Vital Farms, Inc. has a 1-year low of $27.91 and a 1-year high of $53.13. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.48 and a quick ratio of 2.10.
Vital Farms (NASDAQ:VITL - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.09. The company had revenue of $184.77 million during the quarter, compared to the consensus estimate of $170.28 million. Vital Farms had a return on equity of 18.40% and a net margin of 7.84%.Vital Farms's quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS. Vital Farms has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that Vital Farms, Inc. will post 1.11 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Vital Farms news, insider Matthew Ohayer sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $50.96, for a total value of $5,096,000.00. Following the completion of the sale, the insider owned 6,482,070 shares in the company, valued at approximately $330,326,287.20. The trade was a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Russell Diez-Canseco sold 9,667 shares of the business's stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $44.39, for a total value of $429,118.13. Following the completion of the sale, the chief executive officer owned 666,109 shares of the company's stock, valued at $29,568,578.51. The trade was a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 412,868 shares of company stock worth $20,894,584. Company insiders own 21.30% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. Zacks Research upgraded Vital Farms from a "hold" rating to a "strong-buy" rating in a research report on Thursday. Lake Street Capital set a $60.00 price target on Vital Farms and gave the company a "buy" rating in a research report on Friday, August 8th. Cowen reiterated a "buy" rating on shares of Vital Farms in a research report on Thursday, September 18th. Stifel Nicolaus lifted their price target on Vital Farms from $44.00 to $48.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, BMO Capital Markets lifted their price target on Vital Farms from $50.00 to $60.00 and gave the company an "outperform" rating in a research report on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Vital Farms currently has a consensus rating of "Buy" and an average price target of $49.80.
Read Our Latest Stock Analysis on Vital Farms
Vital Farms Company Profile
(
Free Report)
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.
See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Vital Farms, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vital Farms wasn't on the list.
While Vital Farms currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.