80,320 Shares in Vital Farms, Inc. $VITL Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new position in Vital Farms, Inc. (NASDAQ:VITL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 80,320 shares of the company’s stock, valued at approximately $934,000.

Other large investors have also bought and sold shares of the company. Triumph Capital Management bought a new position in shares of Vital Farms in the 4th quarter worth approximately $25,000. Frazier Financial Advisors LLC bought a new stake in shares of Vital Farms during the second quarter valued at approximately $27,000. Quarry LP purchased a new stake in Vital Farms in the fourth quarter worth $27,000. Global Retirement Partners LLC grew its stake in Vital Farms by 4,382.6% in the fourth quarter. Global Retirement Partners LLC now owns 1,031 shares of the company’s stock worth $33,000 after purchasing an additional 1,008 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Vital Farms by 196.7% in the second quarter. GAMMA Investing LLC now owns 3,367 shares of the company’s stock worth $39,000 after purchasing an additional 2,232 shares in the last quarter. 98.59% of the stock is owned by institutional investors.

Vital Farms Price Performance

Shares of NASDAQ:VITL opened at $10.94 on Thursday. The business has a fifty day moving average price of $12.07 and a 200-day moving average price of $13.97. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.10 and a quick ratio of 0.60. The company has a market capitalization of $469.65 million, a PE ratio of -273.50 and a beta of 1.07. Vital Farms, Inc. has a 1-year low of $7.95 and a 1-year high of $53.13.

Vital Farms (NASDAQ:VITL) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($0.47) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.47). Vital Farms had a net margin of 0.02% and a return on equity of 3.46%. The company had revenue of $166.03 million for the quarter, compared to analysts’ expectations of $160.24 million. During the same quarter in the previous year, the business posted $0.36 EPS. Vital Farms’s revenue was down 10.2% compared to the same quarter last year. As a group, equities analysts expect that Vital Farms, Inc. will post -0.48 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on VITL shares. DA Davidson dropped their target price on shares of Vital Farms from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, August 7th. William Blair reissued a “market perform” rating on shares of Vital Farms in a research report on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating and set a $15.00 price target on shares of Vital Farms in a research report on Friday, August 7th. Jefferies Financial Group set a $13.00 price objective on shares of Vital Farms in a report on Tuesday, June 30th. Finally, Stifel Nicolaus set a $11.00 target price on shares of Vital Farms in a research note on Friday, August 7th. Five equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vital Farms presently has a consensus rating of “Hold” and an average price target of $17.18.

Vital Farms Profile

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.