Vital Farms Inc (VITL, Financial), a company specializing in ethically produced food, has reported an insider sell according to a recent SEC filing. Russell Diez-Canseco, the President and CEO of Vital Farms, sold 30,000 shares of the company on April 5, 2024. The transaction was executed at an average price of $25.03 per share, resulting in a total value of $750,900. However, the Form 4 filing also showed an exercise of 30,000 stock options on the stock.
Over the past year, the insider has sold a total of 274,589 shares of Vital Farms Inc and has not made any direct purchases of the stock. The company's insider transaction history over the past year indicates a total of 24 insider sells and no insider buys.
On the day of the recent sell, Vital Farms Inc shares were trading at $25.03, giving the company a market capitalization of $1.032 billion. The price-earnings ratio of the stock stands at 42.60, which is above the industry median of 18.525. However, it is lower than the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.13, with a GF Value of $22.11, suggesting that Vital Farms Inc is modestly overvalued. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
