Vita Coco (NASDAQ:COCO) CEO Martin Roper Sells 20,544 Shares

Vita Coco Company, Inc. (NASDAQ:COCO) CEO Martin Roper sold 20,544 shares of the business’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $59.35, for a total transaction of $1,219,286.40. Following the completion of the sale, the chief executive officer owned 298,484 shares of the company’s stock, valued at $17,715,025.40. The trade was a 6.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Martin Roper also recently made the following trade(s):

• On Friday, April 24th, Martin Roper sold 25,000 shares of Vita Coco stock. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00.
• On Monday, April 27th, Martin Roper sold 25,000 shares of Vita Coco stock. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00.
• On Thursday, April 16th, Martin Roper sold 25,000 shares of Vita Coco stock. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00.
• On Tuesday, April 14th, Martin Roper sold 25,000 shares of Vita Coco stock. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00.
• On Monday, April 13th, Martin Roper sold 4,456 shares of Vita Coco stock. The stock was sold at an average price of $50.55, for a total transaction of $225,250.80.
• On Friday, April 10th, Martin Roper sold 25,000 shares of Vita Coco stock. The stock was sold at an average price of $50.11, for a total transaction of $1,252,750.00.
• On Wednesday, April 8th, Martin Roper sold 25,000 shares of Vita Coco stock. The stock was sold at an average price of $50.95, for a total transaction of $1,273,750.00.

Vita Coco Trading Down 1.4%

Shares of Vita Coco stock opened at $65.99 on Friday. The firm has a fifty day simple moving average of $52.70 and a 200-day simple moving average of $51.20. Vita Coco Company, Inc. has a 1-year low of $30.54 and a 1-year high of $69.59. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 48.17, a PEG ratio of 2.04 and a beta of 0.47.

Vita Coco (NASDAQ:COCO) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.16. Vita Coco had a net margin of 12.59% and a return on equity of 26.12%. The business had revenue of $179.77 million during the quarter, compared to analysts’ expectations of $148.39 million. During the same period in the previous year, the company earned $0.31 earnings per share. Vita Coco’s revenue for the quarter was up 37.4% on a year-over-year basis. As a group, research analysts predict that Vita Coco Company, Inc. will post 1.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $70.00 target price on shares of Vita Coco in a research report on Wednesday. Jefferies Financial Group boosted their target price on shares of Vita Coco from $63.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $71.00 target price on shares of Vita Coco in a research report on Thursday. Wells Fargo & Company boosted their target price on shares of Vita Coco from $60.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Zacks Research lowered shares of Vita Coco from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $69.00.

Key Vita Coco News

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

• Positive Sentiment: Strong Q1 beat and raised FY guidance — Vita Coco reported $0.50 EPS and ~$180M revenue (up ~37% YoY), raised FY 2026 revenue and EBITDA guidance, and posted higher net income and adjusted EBITDA. These results and the guidance raise drove the recent rally. Press Release
• Positive Sentiment: Analyst optimism — Wells Fargo raised its price target from $60 to $75 and put an Overweight on COCO, signaling continued buy-side interest after the quarter. Benzinga
• Positive Sentiment: Momentum/quality recognition — Coverage highlighting COCO as a top momentum pick and its placement on a 95+ composite rating list reinforce the market narrative of strong growth and execution. MSN: 95+ Composite Rating
• Neutral Sentiment: High trading volume and recent multiple insider sales (executed mostly under Rule 10b5?1 plans) — CEO Martin Roper sold blocks of shares this month in pre?arranged trades; such planned sales reduce governance concerns but add supply pressure near recent highs. SEC Form 4
• Negative Sentiment: Downgrade note on longer?term ceiling — A Seeking Alpha piece warns that extrapolating current momentum may be risky, arguing COCO’s category is niche and could face rising competition that caps long?term upside. Seeking Alpha
• Negative Sentiment: New geopolitical risk disclosure — Vita Coco flagged heightened geopolitical tensions as a risk to costs, supply chain and financial performance, which could pressure margins or supply reliability if conditions worsen. TipRanks

Hedge Funds Weigh In On Vita Coco

A number of institutional investors and hedge funds have recently bought and sold shares of COCO. New York State Common Retirement Fund increased its holdings in Vita Coco by 10.3% in the 3rd quarter. New York State Common Retirement Fund now owns 511,031 shares of the company’s stock valued at $21,703,000 after buying an additional 47,632 shares during the period. Westfield Capital Management Co. LP bought a new stake in Vita Coco in the 3rd quarter valued at $45,135,000. Hussman Strategic Advisors Inc. bought a new stake in Vita Coco in the 3rd quarter valued at $2,230,000. Wilmington Savings Fund Society FSB bought a new stake in Vita Coco in the 3rd quarter valued at $62,815,000. Finally, American Century Companies Inc. increased its holdings in Vita Coco by 648.0% in the 3rd quarter. American Century Companies Inc. now owns 647,257 shares of the company’s stock valued at $27,489,000 after buying an additional 560,729 shares during the period. Institutional investors own 88.49% of the company’s stock.

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.