33,473 Shares in Vital Farms, Inc. (NASDAQ:VITL) Purchased by Aurora Investment Counsel

Aurora Investment Counsel bought a new stake in Vital Farms, Inc. (NASDAQ:VITL) during the 4th quarter, Holdings Channel.com reports. The firm bought 33,473 shares of the company’s stock, valued at approximately $1,262,000.

Other large investors have also recently bought and sold shares of the company. First Eagle Investment Management LLC acquired a new position in Vital Farms during the fourth quarter worth $5,464,000. Swiss National Bank boosted its stake in shares of Vital Farms by 3.0% during the 4th quarter. Swiss National Bank now owns 59,300 shares of the company’s stock worth $2,235,000 after buying an additional 1,700 shares during the last quarter. Jupiter Asset Management Ltd. grew its holdings in shares of Vital Farms by 96.3% in the 4th quarter. Jupiter Asset Management Ltd. now owns 628,709 shares of the company’s stock valued at $23,696,000 after acquiring an additional 308,425 shares in the last quarter. Natural Investments LLC bought a new position in shares of Vital Farms in the 4th quarter valued at about $864,000. Finally, Independent Advisor Alliance raised its holdings in Vital Farms by 18.2% during the fourth quarter. Independent Advisor Alliance now owns 45,658 shares of the company’s stock worth $1,721,000 after acquiring an additional 7,031 shares in the last quarter. Institutional investors and hedge funds own 98.59% of the company’s stock.

Analyst Ratings Changes

VITL has been the topic of several recent analyst reports. TD Cowen boosted their price target on Vital Farms from $41.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Telsey Advisory Group restated an “outperform” rating and set a $52.00 price objective on shares of Vital Farms in a research note on Thursday. William Blair reiterated an “outperform” rating on shares of Vital Farms in a research note on Friday, February 28th. Craig Hallum began coverage on Vital Farms in a report on Friday, December 20th. They set a “buy” rating and a $50.00 price target for the company. Finally, Stifel Nicolaus upgraded Vital Farms from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research note on Friday, February 28th. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $44.57.

Vital Farms Stock Performance

VITL opened at $29.32 on Friday. 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 business has a fifty day simple moving average of $37.64 and a 200 day simple moving average of $35.70. Vital Farms, Inc. has a 1 year low of $20.87 and a 1 year high of $48.41. The company has a market capitalization of $1.30 billion, a PE ratio of 26.18 and a beta of 0.95.

Vital Farms (NASDAQ:VITL) last released 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. The business had revenue of $165.99 million for the quarter, compared to analyst estimates of $160.32 million. Vital Farms had a net margin of 8.68% and a return on equity of 22.29%. Research analysts expect that Vital Farms, Inc. will post 1.11 EPS for the current year.

Insider Activity at Vital Farms

In other news, CMO Kathryn Mckeon sold 12,300 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $42.08, for a total transaction of $517,584.00. Following the completion of the sale, the chief marketing officer now owns 46,203 shares of the company’s stock, valued at approximately $1,944,222.24. This represents a 21.02 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Joanne Bal sold 28,246 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $45.10, for a total transaction of $1,273,894.60. Following the transaction, the insider now owns 59,371 shares of the company’s stock, valued at approximately $2,677,632.10. This represents a 32.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 145,474 shares of company stock worth $6,171,500. Company insiders own 27.60% of the company’s stock.

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.