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Vital Farms Inc (VITL) – Don’t Be So Quick to Call it Dead

Vital Farms Inc (NASDAQ: VITL) is 100.00% higher on its value in year-to-date trading and has touched a low of $11.55 and a high of $48.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VITL stock was last observed hovering at around $36.87 in the last trading session, with the day’s loss setting it -5.49%.

Currently trading at $31.38, the stock is -15.30% and -10.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.24 million and changing -14.89% at the moment leaves the stock -0.35% off its SMA200. VITL registered 161.28% gain for a year compared to 6-month gain of -17.36%. The firm has a 50-day simple moving average (SMA 50) of $34.9948 and a 200-day simple moving average (SMA200) of $31.40565.

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The stock witnessed a -20.98% loss in the last 1 month and extending the period to 3 months gives it a 2.99%, and is -9.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.89% over the week and 4.67% over the month.

Vital Farms Inc (VITL) has around 447 employees, a market worth around $1.35B and $541.56M in sales. Current P/E ratio is 29.43 and Fwd P/E is 26.07. Profit margin for the company is 8.70%. Distance from 52-week low is 171.69% and -35.18% from its 52-week high. The company has generated returns on investments over the last 12 months (18.66%).

The EPS is expected to grow by 81.44% this year

328.0 institutions hold shares in Vital Farms Inc (VITL), with institutional investors hold 117.79% of the company’s shares. The shares outstanding are 41.68M, and float is at 28.69M with Short Float at 33.56%. Institutions hold 77.29% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 3.73 million shares valued at $174.55 million. The investor’s holdings represent 8.9301 of the VITL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.1 million shares valued at $98.39 million to account for 5.0336 of the shares outstanding. The other top investors are AMAZON COM INC which holds 1.53 million shares representing 3.6591 and valued at over $71.52 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 2.583 of the shares totaling 1.08 million with a market value of $50.49 million.

Vital Farms Inc (VITL) Insider Activity

The most recent transaction is an insider sale by OHAYER MATTHEW, the company’s EXECUTIVE CHAIRPERSON. SEC filings show that OHAYER MATTHEW sold 24,000 shares of the company’s common stock on Oct 21 ’24 at a price of $39.09 per share for a total of $0.94 million. Following the sale, the insider now owns 7.19 million shares.

Still, SEC filings show that on Oct 14 ’24, Diez-Canseco Russell (PRESIDENT AND CEO) disposed off 44,653 shares at an average price of $40.07 for $1.79 million. The insider now directly holds 537,349 shares of Vital Farms Inc (VITL).

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