MarketBeat Earnings
Vita Coco Company, Inc. $COCO Shares Sold by Wasatch Advisors LP
Wasatch Advisors LP significantly reduced its stake in Vita Coco Company, Inc. (NASDAQ:COCO) by 38.6% in the second quarter, selling 1.42 million shares. Despite this, other institutional investors increased their holdings, and the company reported strong Q2 earnings, beating analyst expectations with an EPS of $0.82 and revenue of $216.15 million. Analysts maintain a "Moderate Buy" rating with …