Vital Farms (NASDAQ:VITL) Insider Peter Nicholas Pappas Purchases 3,500 Shares

Vital Farms, Inc. (NASDAQ:VITL) insider Peter Nicholas Pappas acquired 3,500 shares of the stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $8.51 per share, for a total transaction of $29,785.00. Following the purchase, the insider directly owned 85,169 shares of the company’s stock, valued at $724,788.19. The trade was a 4.29% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Vital Farms Stock Performance

NASDAQ VITL opened at $8.28 on Tuesday. The stock’s fifty day moving average is $13.14 and its two-hundred day moving average is $24.05. The firm has a market capitalization of $354.80 million, a P/E ratio of 7.96 and a beta of 1.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.00 and a current ratio of 1.77. Vital Farms, Inc. has a fifty-two week low of $7.95 and a fifty-two week high of $53.13.

Vital Farms (NASDAQ:VITL) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.12). Vital Farms had a return on equity of 14.47% and a net margin of 6.10%.The company had revenue of $187.16 million for the quarter, compared to analyst estimates of $182.40 million. During the same period last year, the firm posted $0.37 EPS. The business’s quarterly revenue was up 15.4% on a year-over-year basis. On average, research analysts anticipate that Vital Farms, Inc. will post -0.45 earnings per share for the current year.

Trending Headlines about Vital Farms

Here are the key news stories impacting Vital Farms this week:

• Positive Sentiment: Several insiders bought shares, including an executive, a director, and the CMO, signaling internal confidence at recent prices.
• Neutral Sentiment: Brokerage coverage remains lukewarm, with the stock reportedly carrying a consensus “Hold” rating. Vital Farms, Inc. (NASDAQ:VITL) Given Consensus Recommendation of “Hold” by Brokerages
• Neutral Sentiment: Analysts also lowered their price target, reflecting weaker sentiment around the company’s outlook. Vital Farms (VITL) price target decreased by 44.93% to 15.50
• Negative Sentiment: Multiple law firms, including Rosen, Schall, Berger Montague, Faruqi & Faruqi, and others, are actively promoting a securities-fraud class action against Vital Farms, increasing litigation risk and uncertainty. Rosen Law Firm lead plaintiff deadline reminder

Wall Street Analyst Weigh In

VITL has been the topic of a number of research analyst reports. Morgan Stanley set a $10.00 target price on Vital Farms in a research report on Friday, May 8th. Wall Street Zen downgraded Vital Farms from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Craig Hallum downgraded Vital Farms from a “buy” rating to a “hold” rating and set a $10.00 target price on the stock. in a research report on Friday, May 8th. Mizuho set a $20.00 target price on Vital Farms in a research report on Monday, May 4th. Finally, Zacks Research downgraded Vital Farms from a “hold” rating to a “strong sell” rating in a research report on Monday, March 2nd. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $27.33.

Institutional Investors Weigh In On Vital Farms

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Vital Farms by 22.9% in the 4th quarter. Vanguard Group Inc. now owns 2,845,714 shares of the company’s stock valued at $90,892,000 after buying an additional 530,008 shares during the period. Wasatch Advisors LP raised its holdings in shares of Vital Farms by 13.7% in the 4th quarter. Wasatch Advisors LP now owns 2,687,246 shares of the company’s stock valued at $85,831,000 after buying an additional 324,725 shares during the period. Van Berkom & Associates Inc. raised its holdings in shares of Vital Farms by 1,998.7% in the 1st quarter. Van Berkom & Associates Inc. now owns 2,261,533 shares of the company’s stock valued at $31,933,000 after buying an additional 2,153,775 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Vital Farms by 41.6% in the 1st quarter. Principal Financial Group Inc. now owns 2,153,008 shares of the company’s stock valued at $30,400,000 after buying an additional 632,537 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of Vital Farms by 1.3% in the 4th quarter. Wellington Management Group LLP now owns 2,047,955 shares of the company’s stock valued at $65,412,000 after buying an additional 26,150 shares during the period. Hedge funds and other institutional investors own 98.59% of the company’s stock.

Vital Farms Company 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.