24,672 Shares in Vital Farms, Inc. (NASDAQ:VITL) Bought by Impact Investors Inc

Impact Investors Inc bought a new position in shares of Vital Farms, Inc. (NASDAQ:VITL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,672 shares of the company's stock, valued at approximately $930,000. Impact Investors Inc owned approximately 0.06% of Vital Farms at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VITL. Dakota Wealth Management bought a new stake in Vital Farms during the third quarter worth approximately $200,000. DekaBank Deutsche Girozentrale increased its holdings in shares of Vital Farms by 27.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 8,301 shares of the company's stock valued at $291,000 after buying an additional 1,763 shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its holdings in shares of Vital Farms by 93.9% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 531,676 shares of the company's stock valued at $18,646,000 after buying an additional 257,492 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Vital Farms in the third quarter valued at $1,798,000. Finally, Emerald Advisers LLC increased its holdings in shares of Vital Farms by 106.8% in the third quarter. Emerald Advisers LLC now owns 706,440 shares of the company's stock valued at $24,775,000 after buying an additional 364,837 shares in the last quarter. Institutional investors own 98.59% of the company's stock.

Vital Farms Trading Up 7.5 %

NASDAQ VITL traded up $2.32 on Friday, hitting $33.11. 2,911,999 shares of the stock were exchanged, compared to its average volume of 1,251,868. Vital Farms, Inc. has a 52-week low of $17.55 and a 52-week high of $48.41. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.24 and a quick ratio of 2.81. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 29.56 and a beta of 0.90. The company's 50-day moving average price is $38.69 and its two-hundred day moving average price is $35.65.

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Vital Farms (NASDAQ:VITL - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $160.32 million. Research analysts predict that Vital Farms, Inc. will post 1.11 EPS for the current year.

Insider Activity

In other news, insider Matthew Ohayer sold 24,000 shares of the business's stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $43.19, for a total transaction of $1,036,560.00. Following the transaction, the insider now directly owns 7,014,890 shares in the company, valued at $302,973,099.10. The trade was a 0.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Russell Diez-Canseco sold 44,728 shares of the business's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $37.66, for a total transaction of $1,684,456.48. Following the transaction, the chief executive officer now owns 613,797 shares in the company, valued at approximately $23,115,595.02. This represents a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 190,202 shares of company stock worth $7,855,957 in the last ninety days. Corporate insiders own 27.60% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on VITL shares. TD Cowen upped their price target on Vital Farms from $41.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. William Blair reaffirmed an "outperform" rating on shares of Vital Farms in a report on Friday. Jefferies Financial Group dropped their price target on Vital Farms from $45.00 to $41.00 and set a "buy" rating on the stock in a report on Monday, November 11th. Craig Hallum started coverage on Vital Farms in a report on Friday, December 20th. They issued a "buy" rating and a $50.00 price target on the stock. Finally, Stifel Nicolaus raised Vital Farms from a "hold" rating to a "buy" rating and set a $44.00 price target on the stock in a report on Friday. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Vital Farms has a consensus rating of "Buy" and a consensus target price of $44.57.

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.