XTX Topco Ltd Has $226,000 Stake in Vital Farms, Inc. (NASDAQ:VITL)

XTX Topco Ltd decreased its position in shares of Vital Farms, Inc. (NASDAQ:VITL - Free Report) by 73.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,410 shares of the company's stock after selling 20,146 shares during the quarter. XTX Topco Ltd's holdings in Vital Farms were worth $226,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VITL. CWM LLC boosted its holdings 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 in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of Vital Farms during the 1st quarter valued at $112,000. Hanson & Doremus Investment Management acquired a new stake in shares of Vital Farms during the 1st quarter valued at $130,000. Summit Investment Advisors Inc. boosted its holdings in shares of Vital Farms by 15.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 3,487 shares of the company's stock valued at $131,000 after acquiring an additional 475 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings 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 in the last quarter. Institutional investors and hedge funds own 98.59% of the company's stock.

Insider Transactions at Vital Farms

In related news, CFO Thilo Wrede sold 1,200 shares of the business's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $38.97, for a total value of $46,764.00. Following the completion of 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Stephanie Coon sold 10,005 shares of the business's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $46.15, for a total value of $461,730.75. Following the completion of the sale, the senior vice president directly owned 45,779 shares of the company's stock, valued at $2,112,700.85. The trade was a 17.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 94,105 shares of company stock valued at $3,645,398. 21.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on Vital Farms from $44.00 to $48.00 and gave the company a "buy" rating in a report on Friday, August 8th. Mizuho raised 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. 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. BMO Capital Markets reaffirmed an "outperform" rating on shares of Vital Farms in a research report on Friday, August 8th. Finally, DA Davidson raised 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. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $48.20.

Vital Farms Stock Performance

Shares of VITL stock remained flat at $47.75 during mid-day trading on Friday. The stock had a trading volume of 846,038 shares, compared to its average volume of 994,887. The stock's 50 day simple moving average is $37.73 and its two-hundred day simple moving average is $35.05. Vital Farms, Inc. has a 1 year low of $27.91 and a 1 year high of $48.26. The company has a current ratio of 2.48, a quick ratio of 2.10 and a debt-to-equity ratio of 0.02. The company has a market cap of $2.13 billion, a P/E ratio of 42.63 and a beta of 0.94.

Vital Farms (NASDAQ:VITL - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.09. Vital Farms had a return on equity of 18.40% and a net margin of 7.84%. The business had revenue of $184.77 million during the quarter, compared to analyst estimates of $170.28 million. During the same period in the previous year, the company posted $0.36 EPS. The firm's revenue was up 25.4% compared to the same quarter last year. On average, equities analysts anticipate that Vital Farms, Inc. will post 1.11 earnings per share for the current year.

Vital Farms Company 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.