Vita Coco Company Inc’s recent filing unveils that its Chief Operating Officer Burth Jonathan unloaded Company’s shares for reported $0.15 million on Jan 22 ’25. In the deal valued at $37.60 per share,4,052 shares were sold. As a result of this transaction, Burth Jonathan now holds 104,108 shares worth roughly $4.1 million.
Then, Burth Jonathan sold 200 shares, generating $7,505 in total proceeds. Upon selling the shares at $37.52, the Chief Operating Officer now owns 104,108 shares.
Before that, Liran Ira sold 30,000 shares. Vita Coco Company Inc shares valued at $1,067,460 were divested by the Director at a price of $35.58 per share. As a result of the transaction, Liran Ira now holds 853,729 shares, worth roughly $33.62 million.
Stephens downgraded its Vita Coco Company Inc [COCO] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who remained covering the stock and in late July has reiterated a ‘”a Buy”‘ rating for it. Piper Sandler also remained covering COCO and has decreased its forecast on July 12, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Stephens revised its rating on February 29, 2024. It rated COCO as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of COCO
On Monday, Vita Coco Company Inc [NASDAQ:COCO] saw its stock jump 4.90% to $39.38. Over the last five days, the stock has gained 6.37%. Vita Coco Company Inc shares have risen nearly 6.69% since the year began. Nevertheless, the stocks have risen 97.79% over the past one year. While a 52-week high of $38.91 was reached on 02/10/25, a 52-week low of $19.85 was recorded on 01/13/25. SMA at 50 days reached $36.24, while 200 days put it at $30.15.
Levels Of Support And Resistance For COCO Stock
The 24-hour chart illustrates a support level at 38.27, which if violated will result in even more drops to 37.17. On the upside, there is a resistance level at 40.11. A further resistance level may holdings at 40.85. The Relative Strength Index (RSI) on the 14-day chart is 67.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.30%. Stochastics %K at 73.93% indicates the stock is a holding.
How much short interest is there in Vita Coco Company Inc?
A steep rise in short interest was recorded in Vita Coco Company Inc stocks on 2025-01-15, dropping by -0.21 million shares to a total of 5.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 6.05 million shares. There was a decline of -3.52%, which implies that there is a negative sentiment for the stock.
