In a filing, Vita Coco Company Inc revealed its Director MICHAEL KIRBAN 2010 TRUST acquired Company’s shares for reported $1.23 million on May 20 ’25. In the deal valued at $36.12 per share,34,000 shares were bought.
Then, Verlinvest Beverages SA sold 3,766,762 shares, generating $129,011,598 in total proceeds. Upon selling the shares at $34.25, the 10% Owner now owns 7,097,161 shares.
Before that, Zupo John sold 8,000 shares. Vita Coco Company Inc shares valued at $278,184 were divested by the Director at a price of $34.77 per share. As a result of the transaction, Zupo John now holds 8,876 shares, worth roughly $0.33 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 Tuesday, Vita Coco Company Inc [NASDAQ:COCO] saw its stock jump 2.93% to $37.18. Over the last five days, the stock has gained 12.16%. Vita Coco Company Inc shares have risen nearly 0.73% since the year began. Nevertheless, the stocks have risen 41.58% over the past one year. While a 52-week high of $40.32 was reached on 02/13/25, a 52-week low of $23.56 was recorded on 04/04/25. SMA at 50 days reached $32.67, while 200 days put it at $32.40.
Levels Of Support And Resistance For COCO Stock
The 24-hour chart illustrates a support level at 36.12, which if violated will result in even more drops to 35.07. On the upside, there is a resistance level at 37.89. A further resistance level may holdings at 38.61. The Relative Strength Index (RSI) on the 14-day chart is 67.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.28%. Stochastics %K at 92.60% indicates the stock is a selling.
