Vita CocoCOCO
Market Cap: $1.43B
About: The Vita Coco Co Inc is a plant-based functional hydration platform. Its products include Vita Coco Coconut Water, Private Label including coconut water and oil, and Other including Runa, Ever & Ever, and PWR LIFT product offerings, Vita Coco product extensions beyond coconut water, such as Vita Coco Sparkling, coconut milk products, and others. Geographical presence of the company is in United States, Canada, Europe, Middle East, Africa, and the Asia Pacific regions.
Employees: 294
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
102% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 42
23% more capital invested
Capital invested by funds: $782M [Q1] → $961M (+$179M) [Q2]
4.69% more ownership
Funds ownership: 56.23% [Q1] → 60.92% (+4.69%) [Q2]
0% more funds holding
Funds holding: 180 [Q1] → 180 (+0) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 37
28% less call options, than puts
Call options by funds: $5.26M | Put options by funds: $7.28M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Piper Sandler Michael Lavery 67% 1-year accuracy 20 / 30 met price target | 12%upside $28 | Neutral Downgraded | 12 Jul 2024 |
B of A Securities Bryan Spillane 75% 1-year accuracy 15 / 20 met price target | 19%upside $30 | Neutral Maintained | 10 Jul 2024 |
Wells Fargo Chris Carey 52% 1-year accuracy 12 / 23 met price target | 31%upside $33 | Overweight Maintained | 10 Jul 2024 |