Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Vita Coco Company, Inc. (NASDAQ:COCO). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Vita Coco stock on July 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
- Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
- Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
- Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
- Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
- Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
- Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
- Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
- Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.
Vita Coco Trading Down 3.4%
COCO traded down $1.86 during trading on Tuesday, hitting $53.27. 1,170,201 shares of the company’s stock traded hands, compared to its average volume of 1,185,281. Vita Coco Company, Inc. has a 12-month low of $37.63 and a 12-month high of $85.83. The company’s 50 day simple moving average is $65.97 and its two-hundred day simple moving average is $64.19. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 1.04 and a beta of 0.75.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Nykredit A S bought a new stake in Vita Coco during the 2nd quarter worth approximately $123,000. Amundi bought a new position in shares of Vita Coco in the second quarter worth approximately $686,000. HighTower Advisors LLC purchased a new stake in shares of Vita Coco in the second quarter worth $2,657,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Vita Coco during the 2nd quarter valued at $1,118,000. Finally, California State Teachers Retirement System lifted its stake in shares of Vita Coco by 6,377.2% during the 2nd quarter. California State Teachers Retirement System now owns 3,710,388 shares of the company’s stock valued at $245,405,000 after buying an additional 3,653,104 shares in the last quarter. 88.49% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Vita Coco
In other news, Director Ira Liran sold 96,158 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $79.14, for a total value of $7,609,944.12. Following the transaction, the director directly owned 476,421 shares in the company, valued at $37,703,957.94. The trade was a 16.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kenneth Sadowsky sold 3,900 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $82.92, for a total value of $323,388.00. Following the completion of the transaction, the director directly owned 580,296 shares of the company’s stock, valued at approximately $48,118,144.32. This trade represents a 0.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 343,900 shares of company stock valued at $27,403,488 in the last ninety days. 12.90% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
COCO has been the subject of a number of research reports. Piper Sandler reiterated an “overweight” rating on shares of Vita Coco in a research note on Monday, August 24th. Morgan Stanley increased their target price on Vita Coco from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. The Goldman Sachs Group set a $90.00 target price on Vita Coco and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Wall Street Zen cut shares of Vita Coco from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Citigroup restated a “buy” rating on shares of Vita Coco in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $77.71.
Get Our Latest Analysis on COCO
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Vita Coco
Vita Coco, Inc (NASDAQ: COCO) is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.
The company’s flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.
Recommended Stories
- Five stocks we like better than Vita Coco
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Receive News & Ratings for Vita Coco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vita Coco and related companies with MarketBeat.com's FREE daily email newsletter.
