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 $702,680 were sold by Kirban Michael on Mar 18 ’25. At $35.13 per share, Kirban Michael sold 20,000 shares. The insider’s holdings dropped to 1,669,049 shares worth approximately $49.95 million following the completion of this transaction.
Also, Kirban Michael sold 6,000 shares, netting a total of over 210,000 in proceeds. Following the sale of shares at $35.00 each, the insider now holds 1,663,049 shares.
Before that, Kirban Michael had sold 20,000 shares from its account. In a trade valued at $701,260, the Executive Chairman traded Vita Coco Company Inc shares for $35.06 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $50.55 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 -15.86%. Over the course of the year, Vita Coco Company Inc shares have dropped approximately -18.91%. Shares of the company reached a 52-week high of $40.32 on 02/13/25 and a 52-week low of $29.70 on 03/27/25. A 50-day SMA is recorded $36.12, while a 200-day SMA reached $31.57.
Support And Resistance Levels for Vita Coco Company Inc (COCO)
According to the 24-hour chart, there is a support level at 29.23, which, if violated, would cause prices to drop to 28.52. In the upper region, resistance lies at 31.11. The next price resistance is at 32.28. RSI (Relative Strength Index) is 30.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.20, which suggests the price will decrease in the coming days. Percent R is at 96.62%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
