Matthew Ohayer Sells 4,200 Shares of Vital Farms (NASDAQ:VITL) Stock

Key Points

• Matthew Ohayer, an insider at Vital Farms, sold **4,200 shares** of the company's stock at an average price of **$50.25**, totaling **$211,050**, leaving him with approximately **6.83 million shares** valued at **$343 million**.

Vital Farms, Inc. (NASDAQ:VITL - Get Free Report) insider Matthew Ohayer sold 4,200 shares of Vital Farms stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $50.25, for a total transaction of $211,050.00. Following the completion of the sale, the insider directly owned 6,827,070 shares of the company's stock, valued at $343,060,267.50. The trade was a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Matthew Ohayer also recently made the following trade(s):

• On Tuesday, August 19th, Matthew Ohayer sold 800 shares of Vital Farms stock. The stock was sold at an average price of $50.31, for a total value of $40,248.00.
• On Wednesday, July 23rd, Matthew Ohayer sold 5,000 shares of Vital Farms stock. The shares were sold at an average price of $40.34, for a total transaction of $201,700.00.
• On Tuesday, July 1st, Matthew Ohayer sold 30,000 shares of Vital Farms stock. The stock was sold at an average price of $39.17, for a total value of $1,175,100.00.
• On Tuesday, June 17th, Matthew Ohayer sold 5,000 shares of Vital Farms stock. The stock was sold at an average price of $32.25, for a total value of $161,250.00.
• On Friday, June 13th, Matthew Ohayer sold 25,000 shares of Vital Farms stock. The shares were sold at an average price of $31.62, for a total value of $790,500.00.

Vital Farms Trading Up 1.5%

Shares of Vital Farms stock traded up $0.76 during trading hours on Monday, reaching $51.70. The stock had a trading volume of 1,037,865 shares, compared to its average volume of 1,001,820. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 46.16 and a beta of 0.94. Vital Farms, Inc. has a 1 year low of $27.91 and a 1 year high of $52.63. 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 firm has a 50 day simple moving average of $39.84 and a two-hundred day simple moving average of $35.32.

Vital Farms (NASDAQ:VITL - Get Free Report) last posted 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. The firm had revenue of $184.77 million for the quarter, compared to analyst estimates of $170.28 million. Vital Farms had a net margin of 7.84% and a return on equity of 18.40%. Vital Farms's revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.36 earnings per share. Vital Farms has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Vital Farms, Inc. will post 1.11 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Lake Street Capital set a $60.00 price target on shares of Vital Farms and gave the company a "buy" rating in a 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. Mizuho lifted their price target on Vital Farms from $45.00 to $53.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. Stifel Nicolaus boosted 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. Finally, Telsey Advisory Group upped their price objective on Vital Farms from $46.00 to $50.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $48.20.

Hedge Funds Weigh In On Vital Farms

Several institutional investors have recently made changes to their positions in VITL. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Vital Farms by 20,650.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,660 shares of the company's stock valued at $51,000 after acquiring an additional 1,652 shares during the period. US Bancorp DE boosted its position in shares of Vital Farms by 36.2% during the first 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 period. CWM LLC grew its holdings in Vital Farms by 43.2% in the 1st quarter. CWM LLC now owns 2,154 shares of the company's stock worth $66,000 after buying an additional 650 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in Vital Farms in the 1st quarter valued at approximately $112,000. Finally, Assetmark Inc. raised its stake in Vital Farms by 18.9% during the 2nd quarter. Assetmark Inc. now owns 3,153 shares of the company's stock valued at $121,000 after acquiring an additional 501 shares in the last quarter. 98.59% of the stock is owned by institutional investors.

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.

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