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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Vita Coco Company, Inc. (NASDAQ:COCO). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Vita Coco stock on September 17th. 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):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

Vita Coco Trading Up 1.6%

Vita Coco stock opened at $58.56 on Thursday. Vita Coco Company, Inc. has a 12 month low of $38.07 and a 12 month high of $85.83. The stock’s 50 day simple moving average is $58.83 and its two-hundred day simple moving average is $64.40. The firm has a market cap of $3.36 billion, a PE ratio of 32.35, a P/E/G ratio of 1.55 and a beta of 0.76.

Vita Coco (NASDAQ:COCO) last posted its earnings results on Thursday, July 23rd. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.26. Vita Coco had a net margin of 15.50% and a return on equity of 31.09%. The firm had revenue of $216.15 million during the quarter, compared to analyst estimates of $210.64 million. During the same period in the previous year, the firm earned $0.38 EPS. The business’s quarterly revenue was up 28.1% on a year-over-year basis. On average, equities research analysts forecast that Vita Coco Company, Inc. will post 1.96 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Piper Sandler lowered their target price on shares of Vita Coco from $89.00 to $83.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. Evercore lifted their price target on Vita Coco from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Morgan Stanley upped their price target on Vita Coco from $65.00 to $68.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. Weiss Ratings downgraded Vita Coco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, September 29th. Finally, Wall Street Zen downgraded Vita Coco from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.50.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its stake in Vita Coco by 611.4% in the 3rd quarter. Fortitude Family Office LLC now owns 626 shares of the company’s stock worth $36,000 after purchasing an additional 538 shares in the last quarter. Contravisory Investment Management Inc. raised its stake in Vita Coco by 12.5% during the third quarter. Contravisory Investment Management Inc. now owns 6,584 shares of the company’s stock worth $377,000 after purchasing an additional 733 shares during the period. CoreCap Advisors LLC raised its position in shares of Vita Coco by 40.4% during the 3rd quarter. CoreCap Advisors LLC now owns 6,159 shares of the company’s stock valued at $353,000 after buying an additional 1,771 shares during the period. City Center Advisors LLC purchased a new stake in Vita Coco in the third quarter valued at $282,000. Finally, Congress Asset Management Co. lifted its stake in shares of Vita Coco by 2.8% in the 3rd quarter. Congress Asset Management Co. now owns 1,240,321 shares of the company’s stock valued at $71,015,000 after purchasing an additional 33,219 shares during the last quarter. Hedge funds and other institutional investors own 88.49% 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.

About Vita Coco

The Vita Coco Company, Inc is a beverage company focused on hydration and wellness products. Its flagship brand, Vita Coco, offers coconut water and related coconut-based beverages, including flavored and nutrient-enhanced varieties. The company also markets other functional and hydration-focused products under brands such as PWR LIFT and Ever & Ever.

Founded in 2004, Vita Coco helped expand the mainstream market for packaged coconut water. The company sells its products through grocery stores, mass retailers, convenience stores, clubs, e-commerce platforms, and food-service channels.