In a filing, Vita Coco Company Inc revealed its Director Liran Ira unloaded Company’s shares for reported $68949.0 on Feb 19 ’25. In the deal valued at $40.02 per share,1,723 shares were sold. As a result of this transaction, Liran Ira now holds 812,579 shares worth roughly $26.64 million.
Then, Liran Ira sold 20,235 shares, generating $810,756 in total proceeds. Upon selling the shares at $40.07, the Director now owns 814,302 shares.
Before that, Burth Jonathan sold 700 shares. Vita Coco Company Inc shares valued at $28,175 were divested by the Chief Operating Officer at a price of $40.25 per share. As a result of the transaction, Burth Jonathan now holds 104,108 shares, worth roughly $3.41 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 1.05% to $32.78. Over the last five days, the stock has lost -13.17%. Vita Coco Company Inc shares have fallen nearly -11.19% since the year began. Nevertheless, the stocks have risen 27.20% over the past one year. While a 52-week high of $40.32 was reached on 02/13/25, a 52-week low of $23.00 was recorded on 02/26/25. SMA at 50 days reached $36.51, while 200 days put it at $30.95.
Levels Of Support And Resistance For COCO Stock
The 24-hour chart illustrates a support level at 32.07, which if violated will result in even more drops to 31.36. On the upside, there is a resistance level at 33.32. A further resistance level may holdings at 33.86. The Relative Strength Index (RSI) on the 14-day chart is 32.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.27%. Stochastics %K at 9.22% indicates the stock is a buying.
