Vital Farms, Inc. (NASDAQ:VITL) Shares Acquired by Global Alpha Capital Management Ltd.

Global Alpha Capital Management Ltd. lifted its stake in shares of Vital Farms, Inc. (NASDAQ:VITL - Free Report) by 19.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,350 shares of the company's stock after purchasing an additional 11,157 shares during the period. Global Alpha Capital Management Ltd. owned 0.16% of Vital Farms worth $2,614,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. raised its stake in Vital Farms by 78.7% during the fourth quarter. Principal Financial Group Inc. now owns 1,171,950 shares of the company's stock worth $44,172,000 after purchasing an additional 516,139 shares during the period. Geode Capital Management LLC increased its holdings in shares of Vital Farms by 4.3% during the 3rd quarter. Geode Capital Management LLC now owns 749,659 shares of the company's stock worth $26,296,000 after buying an additional 31,187 shares during the last quarter. Wellington Management Group LLP purchased a new stake in shares of Vital Farms during the 3rd quarter valued at approximately $16,464,000. Needham Investment Management LLC lifted its holdings in Vital Farms by 7.2% in the third quarter. Needham Investment Management LLC now owns 447,500 shares of the company's stock valued at $15,694,000 after acquiring an additional 30,000 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Vital Farms by 10.2% in the third quarter. Franklin Resources Inc. now owns 372,583 shares of the company's stock worth $13,066,000 after acquiring an additional 34,412 shares during the period. 98.59% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

A number of research firms have commented on VITL. Craig Hallum began coverage on Vital Farms in a research report on Friday, December 20th. They issued a "buy" rating and a $50.00 target price on the stock. Telsey Advisory Group reaffirmed an "outperform" rating and set a $52.00 price objective on shares of Vital Farms in a research report on Friday, February 28th. William Blair reiterated an "outperform" rating on shares of Vital Farms in a report on Friday, February 28th. TD Cowen raised their target price on Vital Farms from $41.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. Finally, Jefferies Financial Group cut their price target on shares of Vital Farms from $45.00 to $41.00 and set a "buy" rating on the stock in a research note on Monday, November 11th. Eight analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $44.57.

Insider Buying and Selling at Vital Farms

In other Vital Farms news, CEO Russell Diez-Canseco sold 44,728 shares of the company's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $37.66, for a total value of $1,684,456.48. Following the completion of the transaction, the chief executive officer now owns 613,797 shares in the company, valued at $23,115,595.02. This represents a 6.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Matthew Ohayer sold 24,000 shares of Vital Farms stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $38.19, for a total value of $916,560.00. Following the sale, the insider now owns 7,038,890 shares in the company, valued at $268,815,209.10. This trade represents a 0.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 190,202 shares of company stock worth $7,855,957 over the last three months. Insiders own 27.60% of the company's stock.

Vital Farms Stock Down 1.4 %

NASDAQ VITL traded down $0.44 on Tuesday, hitting $31.60. 905,855 shares of the stock were exchanged, compared to its average volume of 973,003. Vital Farms, Inc. has a fifty-two week low of $20.66 and a fifty-two week high of $48.41. The company has a 50-day moving average price of $37.76 and a 200-day moving average price of $35.73. The company has a quick ratio of 2.81, a current ratio of 3.24 and a debt-to-equity ratio of 0.04. The company has a market cap of $1.40 billion, a PE ratio of 28.21 and a beta of 0.95.

Vital Farms (NASDAQ:VITL - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.08. Vital Farms had a net margin of 8.68% and a return on equity of 22.29%. The firm had revenue of $165.99 million during the quarter, compared to the consensus estimate of $160.32 million. Sell-side analysts anticipate that Vital Farms, Inc. will post 1.11 EPS for the current fiscal year.

Vital Farms Company Profile

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.