Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Vita Coco Company Inc shares valued at $68,949 were sold by Liran Ira on Feb 19 ’25. At $40.02 per share, Liran Ira sold 1,723 shares. The insider’s holdings dropped to 812,579 shares worth approximately $26.17 million following the completion of this transaction.
Also, Liran Ira sold 20,235 shares, netting a total of over 810,756 in proceeds. Following the sale of shares at $40.07 each, the insider now holds 814,302 shares.
Before that, Burth Jonathan had sold 700 shares from its account. In a trade valued at $28,175, the Chief Operating Officer traded Vita Coco Company Inc shares for $40.25 each. Upon closing the transaction, the insider’s holdings decreased to 700 shares, worth approximately $3.35 million.
As published in a research note from Stephens on January 27, 2025, Vita Coco Company Inc [COCO] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $36. Analysts at Jefferies resumed the stock at ‘”a Buy”‘ outlook in a report released in late July. As of July 12, 2024, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for COCO. Earlier on February 29, 2024, Stephens upgraded its rating. Their new recommendation was “an Overweight” for COCO stock which previously was a “an Equal-weight”.
Analyzing COCO Stock Performance
During the last five days, there has been a drop of approximately -14.11%. Over the course of the year, Vita Coco Company Inc shares have dropped approximately -12.73%. Shares of the company reached a 52-week high of $40.32 on 02/13/25 and a 52-week low of $31.68 on 02/26/25. A 50-day SMA is recorded $36.67, while a 200-day SMA reached $30.89. Nevertheless, trading volume fell to 1.15 million shares from 2.81 million shares the previous day.
Support And Resistance Levels for Vita Coco Company Inc (COCO)
According to the 24-hour chart, there is a support level at 31.69, which, if violated, would cause prices to drop to 31.16. In the upper region, resistance lies at 33.11. The next price resistance is at 34.01. RSI (Relative Strength Index) is 28.57 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.32, which suggests the price will decrease in the coming days. Percent R is at 93.87%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
