Vita Coco Company Inc’s recently made public that its Chief Operating Officer Burth Jonathan unloaded Company’s shares for reported $0.33 million on Mar 03 ’25. In the deal valued at $32.69 per share,10,000 shares were sold. As a result of this transaction, Burth Jonathan now holds 94,108 shares worth roughly $3.19 million.
Then, Liran Ira sold 1,723 shares, generating $68,949 in total proceeds. Upon selling the shares at $40.02, the Director now owns 812,579 shares.
Before that, Liran Ira sold 20,235 shares. Vita Coco Company Inc shares valued at $810,756 were divested by the Director at a price of $40.07 per share. As a result of the transaction, Liran Ira now holds 814,302 shares, worth roughly $27.57 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 jump 5.29% to $33.86. Over the last five days, the stock has gained 4.38%. Vita Coco Company Inc shares have fallen nearly -8.26% since the year began. Nevertheless, the stocks have risen 32.52% 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 $36.29, while 200 days put it at $31.08.
Levels Of Support And Resistance For COCO Stock
The 24-hour chart illustrates a support level at 32.47, which if violated will result in even more drops to 31.08. On the upside, there is a resistance level at 34.67. A further resistance level may holdings at 35.49. The Relative Strength Index (RSI) on the 14-day chart is 41.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.97%. Stochastics %K at 15.86% indicates the stock is a buying.
