Vital Farms (NASDAQ:VITL) Insider Hoven Reena Chauhan Van Buys 2,242 Shares

Vital Farms, Inc. (NASDAQ:VITLGet Free Report) insider Hoven Reena Chauhan Van purchased 2,242 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average price of $8.92 per share, with a total value of $19,998.64. Following the purchase, the insider owned 25,827 shares in the company, valued at $230,376.84. This represents a 9.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Vital Farms Price Performance

Shares of Vital Farms stock traded down $0.19 on Thursday, hitting $9.24. The company’s stock had a trading volume of 3,107,896 shares, compared to its average volume of 2,756,894. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.00 and a current ratio of 1.77. Vital Farms, Inc. has a 1 year low of $7.95 and a 1 year high of $53.13. The firm has a fifty day moving average price of $12.74 and a 200-day moving average price of $23.70. The company has a market capitalization of $395.93 million, a price-to-earnings ratio of 8.88 and a beta of 1.20.

Vital Farms (NASDAQ:VITLGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.12). Vital Farms had a net margin of 6.10% and a return on equity of 14.47%. The business had revenue of $187.16 million during the quarter, compared to analysts’ expectations of $182.40 million. During the same quarter in the prior year, the firm earned $0.37 EPS. Vital Farms’s revenue for the quarter was up 15.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Vital Farms, Inc. will post -0.45 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Craig Hallum cut Vital Farms from a “buy” rating to a “hold” rating and set a $10.00 price objective on the stock. in a report on Friday, May 8th. DA Davidson reiterated a “neutral” rating and issued a $16.00 price objective (down from $47.00) on shares of Vital Farms in a report on Monday, May 4th. William Blair reiterated a “market perform” rating on shares of Vital Farms in a report on Friday, May 8th. Mizuho set a $20.00 price objective on Vital Farms in a report on Monday, May 4th. Finally, Telsey Advisory Group cut Vital Farms from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $27.33.

View Our Latest Stock Report on Vital Farms

Key Stories Impacting Vital Farms

Here are the key news stories impacting Vital Farms this week:

Institutional Investors Weigh In On Vital Farms

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Vital Farms by 22.9% during the 4th quarter. Vanguard Group Inc. now owns 2,845,714 shares of the company’s stock worth $90,892,000 after purchasing an additional 530,008 shares during the last quarter. Wasatch Advisors LP grew its position in shares of Vital Farms by 13.7% in the fourth quarter. Wasatch Advisors LP now owns 2,687,246 shares of the company’s stock valued at $85,831,000 after purchasing an additional 324,725 shares in the last quarter. Van Berkom & Associates Inc. increased its holdings in shares of Vital Farms by 1,998.7% in the first quarter. Van Berkom & Associates Inc. now owns 2,261,533 shares of the company’s stock valued at $31,933,000 after purchasing an additional 2,153,775 shares during the last quarter. Principal Financial Group Inc. lifted its position in Vital Farms by 41.6% during the first quarter. Principal Financial Group Inc. now owns 2,153,008 shares of the company’s stock worth $30,400,000 after buying an additional 632,537 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Vital Farms by 1.3% during the fourth quarter. Wellington Management Group LLP now owns 2,047,955 shares of the company’s stock worth $65,412,000 after buying an additional 26,150 shares in the last quarter. 98.59% of the stock is currently owned by institutional investors and hedge funds.

Vital Farms Company Profile

(Get Free Report)

Vital Farms, traded on the NASDAQ under the symbol VITL, is a U.S.-based food company specializing in pasture-raised egg and dairy products. The company partners with a network of family farms across the United States to produce eggs, butter and related items under a certified humane, pasture-centric farming model. Vital Farms’ supply chain emphasizes animal welfare, environmental stewardship and transparent sourcing, appealing to consumers seeking ethically produced, high-quality ingredients.

Founded in 2007 and headquartered in Austin, Texas, Vital Farms began by marketing pasture-raised eggs to health- and ethically minded shoppers.

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Insider Buying and Selling by Quarter for Vital Farms (NASDAQ:VITL)

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