The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Vita Coco Company Inc shares valued at $741,340 were sold by Kirban Michael on May 20 ’25. At $37.07 per share, Kirban Michael sold 20,000 shares. The insider’s holdings dropped to 1,643,049 shares worth approximately $55.5 million following the completion of this transaction.
Also, Kirban Michael sold 14,000 shares, netting a total of over 518,462 in proceeds. Following the sale of shares at $37.03 each, the insider now holds 1,629,049 shares.
Before that, MICHAEL KIRBAN 2010 TRUST had added 34,000 shares to its account. In a trade valued at $1,228,080, the Director bought Vita Coco Company Inc shares for $36.12 each.
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
On last trading session,, Vita Coco Company Inc [NASDAQ: COCO] rose 1.78% to $33.78. The stock’s lowest price that day was $32.78, but it reached a high of $33.8 in the same session. During the last five days, there has been a drop of approximately -0.94%. Over the course of the year, Vita Coco Company Inc shares have dropped approximately -8.48%.
Support And Resistance Levels for Vita Coco Company Inc (COCO)
RSI (Relative Strength Index) is 45.80 on the 14-day chart, showing neutral technical sentiment.
Is Vita Coco Company Inc subject to short interest?
Stocks of Vita Coco Company Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.5 million shares to 5.39 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 5.9 million shares. A decline of -9.36% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 6.33 of the overall float, the days-to-cover ratio (short ratio) decline to 6.33.
