Vita Coco Company, Inc. $COCO Shares Purchased by State of Wyoming

State of Wyoming raised its stake in Vita Coco Company, Inc. (NASDAQ:COCO) by 536.7% during the 1st quarter, HoldingsChannel reports. The firm owned 9,952 shares of the company’s stock after acquiring an additional 8,389 shares during the quarter. State of Wyoming’s holdings in Vita Coco were worth $477,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its position in shares of Vita Coco by 2,636.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company’s stock worth $28,000 after buying an additional 501 shares during the period. Quarry LP raised its holdings in shares of Vita Coco by 12,633.3% during the 3rd quarter. Quarry LP now owns 764 shares of the company’s stock valued at $32,000 after buying an additional 758 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Vita Coco by 5,376.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $49,000 after buying an additional 1,344 shares during the period. GAMMA Investing LLC lifted its position in Vita Coco by 25.0% during the 4th quarter. GAMMA Investing LLC now owns 1,134 shares of the company’s stock worth $60,000 after acquiring an additional 227 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in Vita Coco by 265.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,319 shares of the company’s stock worth $70,000 after acquiring an additional 958 shares in the last quarter. Institutional investors and hedge funds own 88.49% of the company’s stock.

Vita Coco Stock Down 4.9%

Shares of NASDAQ COCO opened at $65.97 on Friday. Vita Coco Company, Inc. has a fifty-two week low of $31.79 and a fifty-two week high of $85.83. The business has a 50 day moving average price of $75.33 and a two-hundred day moving average price of $62.36. The firm has a market cap of $3.77 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 1.58 and a beta of 0.77.

Vita Coco (NASDAQ:COCO) last announced its earnings results on Thursday, July 23rd. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.26. The company had revenue of $216.15 million for the quarter, compared to analyst estimates of $210.64 million. Vita Coco had a return on equity of 31.09% and a net margin of 15.50%.Vita Coco’s quarterly revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.38 EPS. On average, analysts anticipate that Vita Coco Company, Inc. will post 1.88 earnings per share for the current year.

Insider Activity at Vita Coco

In related news, Director Ira Liran sold 74,232 shares of Vita Coco stock in a transaction on Friday, June 12th. The shares were sold at an average price of $80.29, for a total value of $5,960,087.28. Following the completion of the sale, the director owned 309,871 shares in the company, valued at approximately $24,879,542.59. The trade was a 19.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Es Charles Van sold 8,045 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $75.05, for a total transaction of $603,777.25. Following the completion of the sale, the insider directly owned 59,085 shares in the company, valued at $4,434,329.25. This represents a 11.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 571,950 shares of company stock worth $42,461,695 in the last ninety days. 12.90% of the stock is currently owned by corporate insiders.

Vita Coco News Summary

Here are the key news stories impacting Vita Coco this week:

• Positive Sentiment: Vita Coco delivered a big Q2 beat, with earnings of $0.82 per share versus $0.56 expected and revenue of $216.15 million above estimates. The company also raised full-year 2026 guidance for net sales to $790 million-$805 million and adjusted EBITDA to $154 million-$161 million, signaling stronger momentum ahead. Article Title
• Positive Sentiment: The company announced the acquisition of Copra, a Thai Nam Hom coconut water producer, which should help Vita Coco expand into the fast-growing super-premium coconut water market and support category growth. Article Title
• Positive Sentiment: Analyst sentiment improved after the results, with Evercore raising its price target to $80 from $75 and Piper Sandler lifting its target to $89 from $74, reflecting confidence in continued upside. Article Title
• Neutral Sentiment: The company’s acquisition also comes with added execution complexity, and a newly highlighted manufacturing risk around in-house Copra production may make investors more cautious about integration and operational costs. Article Title

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Jefferies Financial Group upped their price target on Vita Coco from $63.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Morgan Stanley set a $65.00 target price on shares of Vita Coco in a research report on Thursday, April 30th. Zacks Research downgraded shares of Vita Coco from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Wells Fargo & Company raised their price target on shares of Vita Coco from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Wall Street Zen downgraded shares of Vita Coco from a “buy” rating to a “hold” rating in a research note on Saturday. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $77.29.

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.