In a filing, Vita Coco Company Inc revealed its Executive Chairman Kirban Michael unloaded Company’s shares for reported $0.74 million on May 20 ’25. In the deal valued at $37.07 per share,20,000 shares were sold. As a result of this transaction, Kirban Michael now holds 1,643,049 shares worth roughly $54.65 million.
Then, Kirban Michael sold 14,000 shares, generating $518,462 in total proceeds. Upon selling the shares at $37.03, the Executive Chairman now owns 1,629,049 shares.
Before that, MICHAEL KIRBAN 2010 TRUST bought 34,000 shares. Vita Coco Company Inc shares valued at $1,228,080 were divested by the Director at a price of $36.12 per share.
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 fall -1.66% to $33.26. Over the last five days, the stock has lost -4.97%. Vita Coco Company Inc shares have fallen nearly -9.89% since the year began. Nevertheless, the stocks have risen 18.24% over the past one year.
How much short interest is there in Vita Coco Company Inc?
A steep rise in short interest was recorded in Vita Coco Company Inc stocks on 2025-05-15, growing by 0.76 million shares to a total of 5.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 4.91 million shares. There was a rise of 13.39%, which implies that there is a positive sentiment for the stock.
