Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Vita Coco Company, Inc. (NASDAQ:COCO)

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed a purchase of $1,001–$15,000 of Vita Coco (NASDAQ:COCO) stock on March 3 in his "150 MAIN STREET TRUST > BANK OF AMERICA" account, filed April 7.
• Vita Coco recently traded around $49.44 with a market cap of about $2.82 billion and a P/E near 41.9, and analysts carry a "Moderate Buy" consensus with an average target of $59.43.
• The company missed quarterly EPS estimates ($0.09 vs. $0.13) despite revenue beating expectations, insiders sold roughly 192,800 shares (~$10.8M) in the last 90 days, and institutional ownership is high at 88.49%.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Vita Coco Company, Inc. (NASDAQ:COCO). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Vita Coco stock on March 3rd. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Advanced Energy Industries NASDAQ: AEIS on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 3/27/2026.
• Purchased $15,001 - $50,000 in shares of Fabrinet NYSE: FN on 3/27/2026.

Vita Coco Price Performance

Shares of Vita Coco stock traded up $0.28 during trading on Thursday, hitting $49.44. The stock had a trading volume of 519,814 shares, compared to its average volume of 1,162,037. The firm's fifty day simple moving average is $54.20 and its 200-day simple moving average is $50.20. The stock has a market cap of $2.82 billion, a PE ratio of 41.93, a PEG ratio of 1.52 and a beta of 0.47. Vita Coco Company, Inc. has a 12 month low of $29.74 and a 12 month high of $61.39.

Vita Coco (NASDAQ:COCO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.04). Vita Coco had a net margin of 11.70% and a return on equity of 23.19%. The firm had revenue of $127.79 million for the quarter, compared to the consensus estimate of $117.80 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The business's revenue for the quarter was up .4% on a year-over-year basis. Analysts expect that Vita Coco Company, Inc. will post 1.07 earnings per share for the current fiscal year.

Institutional Trading of Vita Coco

Institutional investors and hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its stake in Vita Coco by 265.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,319 shares of the company's stock worth $70,000 after purchasing an additional 958 shares in the last quarter. Virtu Financial LLC bought a new stake in Vita Coco during the 4th quarter valued at $642,000. Invesco Ltd. raised its position in Vita Coco by 13.9% during the 4th quarter. Invesco Ltd. now owns 50,206 shares of the company's stock valued at $2,661,000 after purchasing an additional 6,115 shares in the last quarter. Vident Advisory LLC purchased a new stake in shares of Vita Coco in the 4th quarter worth $284,000. Finally, Fuller & Thaler Asset Management Inc. bought a new position in shares of Vita Coco during the 4th quarter worth $73,242,000. Institutional investors own 88.49% of the company's stock.

Analyst Ratings Changes

COCO has been the topic of a number of analyst reports. Evercore reaffirmed an "outperform" rating and set a $70.00 target price on shares of Vita Coco in a research note on Thursday, March 12th. Weiss Ratings reissued a "buy (b-)" rating on shares of Vita Coco in a research note on Friday, March 27th. Morgan Stanley boosted their price objective on Vita Coco from $49.00 to $57.00 and gave the company an "equal weight" rating in a report on Monday, February 23rd. Zacks Research lowered Vita Coco from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 16th. Finally, Wall Street Zen downgraded Vita Coco from a "hold" rating to a "sell" rating in a research report on Saturday, April 4th. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $59.43.

Insider Activity

In other Vita Coco news, CMO Jane Prior sold 50,000 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $52.92, for a total transaction of $2,646,000.00. Following the transaction, the chief marketing officer directly owned 127,399 shares in the company, valued at $6,741,955.08. This represents a 28.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenneth Sadowsky sold 3,900 shares of the firm's stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $53.92, for a total transaction of $210,288.00. Following the transaction, the director directly owned 608,266 shares in the company, valued at $32,797,702.72. This trade represents a 0.64% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 192,800 shares of company stock valued at $10,801,686. Company insiders own 32.30% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Vita Coco Company Profile

Vita Coco, Inc NASDAQ: COCO is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.

The company's flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.

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