Vita Coco Company Inc’s recent filing unveils that its Director Liran Ira unloaded Company’s shares for reported $0.76 million on Feb 13 ’25. In the deal valued at $40.10 per share,18,892 shares were sold. As a result of this transaction, Liran Ira now holds 834,537 shares worth roughly $ 33.36 million.
Then, Liran Ira sold 300 shares, generating $12,006 in total proceeds. Upon selling the shares at $40.02, the Director now owns 853,429 shares.
Before that, Burth Jonathan sold 18,900 shares. Vita Coco Company Inc shares valued at $757,814 were divested by the Chief Operating Officer at a price of $40.10 per share. As a result of the transaction, Burth Jonathan now holds 104,108 shares, worth roughly $4.16 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 Friday, Vita Coco Company Inc [NASDAQ:COCO] saw its stock fall -0.82% to $39.97. Over the last five days, the stock has gained 6.47%. Vita Coco Company Inc shares have risen nearly 8.29% since the year began. Nevertheless, the stocks have risen 94.41% over the past one year. While a 52-week high of $40.32 was reached on 02/13/25, a 52-week low of $20.59 was recorded on 01/13/25. SMA at 50 days reached $36.58, while 200 days put it at $30.46.
Levels Of Support And Resistance For COCO Stock
The 24-hour chart illustrates a support level at 39.61, which if violated will result in even more drops to 39.26. On the upside, there is a resistance level at 40.31. A further resistance level may holdings at 40.66. The Relative Strength Index (RSI) on the 14-day chart is 68.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.79%. Stochastics %K at 93.78% indicates the stock is a selling.
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 2025-01-31, dropping by -0.49 million shares to a total of 5.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 5.86 million shares. There was a decline of -9.14%, which implies that there is a negative sentiment for the stock.
