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Michael Kirban, Executive Chairman of Vita Coco Company, Inc. (NASDAQ:COCO), sold 20,000 shares of common stock on September 11, 2025, at a weighted average price of $39.045, for a total transaction value of $780,900. The transaction comes as the company’s stock, currently trading at $39.79, approaches its 52-week high of $40.71, reflecting a remarkable 45% return over the past year. InvestingPro analysis shows the company maintains a GREAT financial health score, with strong liquidity ratios and robust market performance.
The sales were executed in multiple transactions with prices ranging from $39.00 to $39.19. Following the transaction, Kirban directly owns 127,629 shares and indirectly owns 1,579,049 shares through M. Kirban 2010, and 615,681 shares through the Michael Kirban Revocable Trust. With the company’s current market capitalization of $2.25 billion and P/E ratio of 31.59, InvestingPro subscribers can access comprehensive insider trading analysis and 14 additional ProTips to make informed investment decisions.
Kirban also holds several non-qualified stock options to purchase common stock at various exercise prices and expiration dates. These include options for 546,000 shares (exercise price $10.178, expiring 2029-12-16), 40,950 shares (exercise price $10.178, expiring 2031-01-11), 298,507 shares (exercise price $15.0, expiring 2031-10-21), 46,875 shares (exercise price $16.91, expiring 2033-03-10), 62,743 shares (exercise price $26.18, expiring 2034-03-04), and 70,715 shares (exercise price $32.78, expiring 2035-03-03).
The sales of shares were effected pursuant to a Rule 10b5-1 trading plan.
In other recent news, Vita Coco Company reported strong financial results for the second quarter of 2025. The company achieved earnings per share of $0.38, surpassing the forecasted $0.3692. Revenue also exceeded expectations, reaching $168.76 million compared to the anticipated $162.31 million. These results highlight Vita Coco’s robust performance in the recent quarter. Analysts have noted the company’s ability to outperform market predictions, though no specific upgrades or downgrades were reported. The financial community continues to closely monitor Vita Coco’s performance following these developments. These results have been a focal point for investors seeking insights into the company’s trajectory. As Vita Coco continues to release financial updates, investors remain attentive to future earnings reports.
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