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Vita Coco (NASDAQ:COCO) Insider Sells 2,000 Shares
An insider at Vita Coco (NASDAQ:COCO), Es Charles Van, sold 2,000 shares of the company’s stock on April 1st at an average price of $48.67, totaling $97,340. This transaction was part of a pre-arranged Rule 10b5-1 plan, reducing his stake by 2.51%. Despite analysts holding a “Moderate Buy” consensus with a price target of $59.86, Vita Coco recently missed quarterly EPS estimates but exceeded revenue expectations.