Kenneth Sadowsky Sells 3,900 Shares of Vita Coco (NASDAQ:COCO) Stock

Vita Coco Company, Inc. (NASDAQ:COCO) Director Kenneth Sadowsky sold 3,900 shares of Vita Coco stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $56.92, for a total value of $221,988.00. Following the sale, the director directly owned 590,466 shares in the company, valued at approximately $33,609,324.72. The trade was a 0.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kenneth Sadowsky also recently made the following trade(s):

• On Wednesday, January 21st, Kenneth Sadowsky sold 3,900 shares of Vita Coco stock. The shares were sold at an average price of $53.92, for a total value of $210,288.00.

Vita Coco Trading Down 3.4%

NASDAQ COCO traded down $1.91 during mid-day trading on Thursday, reaching $53.98. 1,418,763 shares of the company’s stock traded hands, compared to its average volume of 975,348. Vita Coco Company, Inc. has a 1-year low of $25.79 and a 1-year high of $61.39. The company has a fifty day simple moving average of $55.23 and a 200-day simple moving average of $48.96. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 45.75, a P/E/G ratio of 1.83 and a beta of 0.37.

Vita Coco (NASDAQ:COCO) last announced its earnings results on Wednesday, February 18th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). Vita Coco had a net margin of 11.70% and a return on equity of 23.19%. The business had revenue of $127.79 million during the quarter, compared to analyst estimates of $117.80 million. During the same period in the previous year, the company earned $0.06 earnings per share. The business’s revenue for the quarter was up .4% on a year-over-year basis. Equities research analysts forecast that Vita Coco Company, Inc. will post 1.07 earnings per share for the current fiscal year.

Trending Headlines about Vita Coco

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

• Positive Sentiment: Wall‑street analyst support remains a tailwind: several firms have raised price targets (Evercore $70, Wells Fargo $63, Piper Sandler $59) and the coverage consensus is a “Moderate Buy,” which limits downside over time. Wall Street Analysts Think Vita Coco Is a Good Investment
• Neutral Sentiment: Product/brand activity continues (new Frosted Lemonade flavor) — positive for long‑term revenue diversification but unlikely to move near‑term results materially. Vita Coco Treats Frosted Lemonade
• Negative Sentiment: Significant insider selling: COO Jonathan Burth sold 60,000 shares (~50% of his position) for ~$3.52M at ~$58.65; CFO and other insiders also sold multiple blocks in mid‑March — these large, closely timed disposals are pressuring the stock and signaling near‑term liquidity/timing decisions by management. SEC filing for the COO sale is here. COO Form 4 (SEC)
• Negative Sentiment: Recent quarterly results showed an EPS miss (reported $0.09 vs. ~$0.13 consensus) despite modest revenue growth; that earnings miss combined with insider sales is the most direct explanation for the pullback. MarketBeat COCO coverage (earnings summary)

Wall Street Analyst Weigh In

Several research analysts have weighed in on COCO shares. Wall Street Zen lowered shares of Vita Coco from a “buy” rating to a “sell” rating in a report on Saturday, February 21st. Morgan Stanley increased their price target on shares of Vita Coco from $49.00 to $57.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Vita Coco in a research note on Monday, December 29th. Evercore reissued an “outperform” rating and issued a $70.00 price objective on shares of Vita Coco in a report on Thursday, March 12th. Finally, Wells Fargo & Company upped their price objective on Vita Coco from $50.00 to $63.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $56.38.

Institutional Investors Weigh In On Vita Coco

Institutional investors and hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Vita Coco by 5.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,493 shares of the company’s stock worth $720,000 after purchasing an additional 1,174 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vita Coco by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 33,243 shares of the company’s stock worth $1,200,000 after acquiring an additional 1,872 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Vita Coco by 2.9% during the second quarter. Geode Capital Management LLC now owns 1,018,132 shares of the company’s stock worth $36,759,000 after acquiring an additional 28,448 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Vita Coco in the 2nd quarter worth about $372,000. Finally, Intech Investment Management LLC lifted its position in Vita Coco by 9.2% in the 2nd quarter. Intech Investment Management LLC now owns 22,756 shares of the company’s stock valued at $821,000 after purchasing an additional 1,922 shares during the last quarter. Institutional investors and hedge funds own 88.49% of the company’s stock.

About Vita Coco

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.