Vita Coco Company, Inc. (NASDAQ: COCO), a leading name in the beverage industry with a focus on coconut water products, has recently been in the spotlight following an upgrade by Stephens to "Overweight" on November 24, 2025. This upgrade is based on a "cleaner" fiscal year 2026 outlook, which has significantly boosted investor confidence, as reflected in COCO's stock price of $48.32.

Envestnet Asset Management Inc. has demonstrated its increased confidence in COCO by enhancing its stake by 6% in the latest quarter, now holding 33,243 shares worth approximately $1.2 million, which represents 0.06% ownership of the company. This move is in line with the positive market sentiment following Stephens' stock upgrade.

Moreover, other key investors have also adjusted their positions in COCO. Vanguard Group Inc. has upped its holdings by 2.1%, now owning 2,642,306 shares with a value of around $81 million. Similarly, Driehaus Capital Management LLC has increased its stake by 14.4%, holding 977,291 shares. These changes underscore the growing institutional interest in COCO.

Currently, COCO's stock price stands at $48.32, marking a 4.54% increase or $2.10. The stock has seen fluctuations between $46.25 and $49.09 today. Over the past year, COCO reached a high of $50.50 and a low of $25.79. The company's market capitalization is approximately $2.75 billion, with a trading volume of 928,124 shares today.