XTX Topco Ltd Acquires 21,765 Shares of Vital Farms, Inc. (NASDAQ:VITL)

XTX Topco Ltd lifted its position in shares of Vital Farms, Inc. (NASDAQ:VITL - Free Report) by 375.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,556 shares of the company's stock after purchasing an additional 21,765 shares during the quarter. XTX Topco Ltd owned 0.06% of Vital Farms worth $1,039,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wellington Management Group LLP boosted its position in shares of Vital Farms by 417.8% during the fourth quarter. Wellington Management Group LLP now owns 2,431,024 shares of the company's stock valued at $91,625,000 after buying an additional 1,961,550 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Vital Farms by 78.7% in the 4th quarter. Principal Financial Group Inc. now owns 1,171,950 shares of the company's stock worth $44,172,000 after acquiring an additional 516,139 shares in the last quarter. Jupiter Asset Management Ltd. raised its holdings in shares of Vital Farms by 96.3% in the fourth quarter. Jupiter Asset Management Ltd. now owns 628,709 shares of the company's stock valued at $23,696,000 after purchasing an additional 308,425 shares during the last quarter. Rockefeller Capital Management L.P. bought a new position in shares of Vital Farms during the fourth quarter valued at about $10,043,000. Finally, Pictet Asset Management Holding SA boosted its holdings in Vital Farms by 30.0% during the fourth quarter. Pictet Asset Management Holding SA now owns 905,354 shares of the company's stock worth $34,123,000 after purchasing an additional 208,951 shares during the last quarter. Institutional investors and hedge funds own 98.59% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on VITL. DA Davidson decreased their price objective on shares of Vital Farms from $44.00 to $42.00 and set a "buy" rating for the company in a research note on Friday, March 14th. Telsey Advisory Group reiterated an "outperform" rating and set a $52.00 price target on shares of Vital Farms in a report on Thursday, March 13th. Morgan Stanley reduced their price objective on Vital Farms from $40.00 to $39.00 and set an "overweight" rating for the company in a research note on Thursday. Stifel Nicolaus upgraded Vital Farms from a "hold" rating to a "buy" rating and set a $44.00 target price on the stock in a research note on Friday, February 28th. Finally, TD Cowen increased their price target on shares of Vital Farms from $41.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, Vital Farms presently has a consensus rating of "Buy" and a consensus price target of $43.13.

Vital Farms Stock Performance

Shares of NASDAQ VITL traded down $0.47 during midday trading on Monday, hitting $32.53. The company's stock had a trading volume of 149,326 shares, compared to its average volume of 1,037,702. The stock has a fifty day moving average price of $32.30 and a 200 day moving average price of $35.53. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 29.04 and a beta of 0.96. Vital Farms, Inc. has a one year low of $24.87 and a one year high of $48.41. The company has a current ratio of 3.24, a quick ratio of 2.81 and a debt-to-equity ratio of 0.04.

Vital Farms (NASDAQ:VITL - Get Free Report) last posted its quarterly 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 return on equity of 22.29% and a net margin of 8.68%. The firm had revenue of $165.99 million during the quarter, compared to analyst estimates of $160.32 million. On average, research analysts forecast that Vital Farms, Inc. will post 1.11 EPS for the current fiscal year.

Insider Buying and Selling at Vital Farms

In other Vital Farms news, insider Matthew Ohayer sold 24,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $43.19, for a total value of $1,036,560.00. Following the sale, the insider now directly owns 7,014,890 shares in the company, valued at $302,973,099.10. This represents a 0.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Russell Diez-Canseco sold 45,124 shares of the business's stock in a transaction on Monday, April 14th. The shares were sold at an average price of $33.69, for a total transaction of $1,520,227.56. Following the transaction, the chief executive officer now owns 703,736 shares of the company's stock, valued at $23,708,865.84. This trade represents a 6.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 93,124 shares of company stock valued at $3,271,548 in the last quarter. 27.60% of the stock is currently owned by corporate insiders.

Vital Farms 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.