De Lisle Partners LLP Has $4.24 Million Position in Vital Farms, Inc. (NASDAQ:VITL)

De Lisle Partners LLP boosted its position in shares of Vital Farms, Inc. (NASDAQ:VITL - Free Report) by 22.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 120,826 shares of the company's stock after buying an additional 22,000 shares during the quarter. De Lisle Partners LLP owned approximately 0.28% of Vital Farms worth $4,241,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new position in shares of Vital Farms during the 2nd quarter worth about $42,000. Brown Brothers Harriman & Co. acquired a new stake in Vital Farms in the 3rd quarter valued at $35,000. CWM LLC raised its holdings in Vital Farms by 162.9% during the second quarter. CWM LLC now owns 1,057 shares of the company's stock worth $49,000 after acquiring an additional 655 shares in the last quarter. Quarry LP boosted its holdings in shares of Vital Farms by 180.4% in the 2nd quarter. Quarry LP now owns 1,290 shares of the company's stock valued at $60,000 after buying an additional 830 shares during the last quarter. Finally, nVerses Capital LLC lifted its stake in Vital Farms by 66.7% in the second quarter. nVerses Capital LLC now owns 2,000 shares of the company's stock valued at $94,000 after acquiring an additional 800 shares during the last quarter. 98.59% of the stock is currently owned by institutional investors.

Insider Transactions at Vital Farms

In related news, CEO Russell Diez-Canseco sold 44,653 shares of Vital Farms stock in a transaction on Monday, October 14th. The shares were sold at an average price of $40.07, for a total transaction of $1,789,245.71. Following the completion of the transaction, the chief executive officer now owns 537,349 shares of the company's stock, valued at $21,531,574.43. This trade represents a 7.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew Ohayer sold 24,000 shares of the business's stock in a transaction on Monday, October 21st. The shares were sold at an average price of $39.09, for a total transaction of $938,160.00. Following the completion of the transaction, the insider now owns 7,194,777 shares in the company, valued at approximately $281,243,832.93. The trade was a 0.33 % decrease in their position. The disclosure for this sale can be found here. 27.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VITL. Stifel Nicolaus cut their target price on shares of Vital Farms from $42.00 to $34.00 and set a "hold" rating for the company in a research note on Friday, August 9th. TD Cowen decreased their price target on Vital Farms from $46.00 to $41.00 and set a "buy" rating on the stock in a research report on Friday, November 8th. Jefferies Financial Group lowered their price objective on shares of Vital Farms from $45.00 to $41.00 and set a "buy" rating for the company in a research report on Monday, November 11th. Finally, DA Davidson increased their target price on shares of Vital Farms from $44.00 to $48.00 and gave the stock a "buy" rating in a report on Thursday, October 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, Vital Farms has a consensus rating of "Moderate Buy" and a consensus target price of $39.20.

Vital Farms Trading Down 0.6 %

NASDAQ VITL traded down $0.19 on Thursday, hitting $32.34. The company's stock had a trading volume of 1,829,373 shares, compared to its average volume of 814,170. The company's 50-day moving average is $34.76 and its 200 day moving average is $36.73. The firm has a market cap of $1.42 billion, a PE ratio of 28.88 and a beta of 0.97. Vital Farms, Inc. has a 1-year low of $12.44 and a 1-year high of $48.41. The company has a quick ratio of 2.81, a current ratio of 3.24 and a debt-to-equity ratio of 0.04.

Vital Farms (NASDAQ:VITL - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The business had revenue of $145.00 million during the quarter, compared to the consensus estimate of $145.27 million. Vital Farms had a return on equity of 22.29% and a net margin of 8.68%. Vital Farms's quarterly revenue was up 31.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.10 earnings per share. As a group, analysts predict that Vital Farms, Inc. will post 1.11 earnings per share for the current fiscal year.

About Vital Farms

Vital Farms, Inc, a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.