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 on Thursday, August 21st. The shares were sold at an average price of $50.25, for a total value of $211,050.00. Following the completion of the sale, the insider owned 6,827,070 shares in the company, 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 at 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 shares were 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 value of $201,700.00.
• On Tuesday, July 1st, Matthew Ohayer sold 30,000 shares of Vital Farms stock. The shares were 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 shares were 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 Down 0.6%

Shares of VITL stock traded down $0.29 on Friday, hitting $51.09. The stock had a trading volume of 952,879 shares, compared to its average volume of 1,216,786. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.48 and a quick ratio of 2.10. The firm has a market capitalization of $2.28 billion, a P/E ratio of 45.62 and a beta of 0.94. Vital Farms, Inc. has a 1 year low of $27.91 and a 1 year high of $53.13. The company's 50 day moving average price is $41.52 and its 200-day moving average price is $35.87.

Vital Farms (NASDAQ:VITL - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.36 earnings per share (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 the consensus estimate of $170.28 million. Vital Farms had a return on equity of 18.40% and a net margin of 7.84%.The company's quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 EPS. Vital Farms has set its FY 2025 guidance at EPS. Analysts anticipate that Vital Farms, Inc. will post 1.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Vital Farms

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP boosted its position in shares of Vital Farms by 17.8% in the 1st quarter. Wellington Management Group LLP now owns 2,863,872 shares of the company's stock valued at $87,262,000 after purchasing an additional 432,848 shares during the period. Wasatch Advisors LP boosted its position in shares of Vital Farms by 80.2% in the 2nd quarter. Wasatch Advisors LP now owns 2,074,803 shares of the company's stock valued at $79,921,000 after purchasing an additional 923,507 shares during the period. American Century Companies Inc. boosted its position in shares of Vital Farms by 35.7% in the 2nd quarter. American Century Companies Inc. now owns 1,687,869 shares of the company's stock valued at $65,017,000 after purchasing an additional 444,402 shares during the period. Marshall Wace LLP boosted its position in shares of Vital Farms by 97.4% in the 2nd quarter. Marshall Wace LLP now owns 1,234,008 shares of the company's stock valued at $47,534,000 after purchasing an additional 608,723 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Vital Farms by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 1,209,564 shares of the company's stock valued at $36,855,000 after purchasing an additional 37,614 shares during the period. Institutional investors and hedge funds own 98.59% of the company's stock.

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.