Village Super Market, Inc. (NASDAQ:VLGEA) Major Shareholder Sells $34,146.03 in Stock

Village Super Market, Inc. (NASDAQ:VLGEA) major shareholder Robert Sumas sold 943 shares of the business’s stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of $36.21, for a total transaction of $34,146.03. Following the transaction, the insider now owns 93,988 shares in the company, valued at $3,403,305.48. This represents a 0.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Robert Sumas also recently made the following trade(s):

• On Tuesday, April 15th, Robert Sumas sold 1,500 shares of Village Super Market stock. The stock was sold at an average price of $35.81, for a total value of $53,715.00.
• On Friday, April 11th, Robert Sumas sold 400 shares of Village Super Market stock. The shares were sold at an average price of $35.95, for a total value of $14,380.00.

Village Super Market Stock Performance

Shares of NASDAQ VLGEA opened at $35.39 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $521.90 million, a P/E ratio of 10.20 and a beta of 0.42. Village Super Market, Inc. has a 12 month low of $24.57 and a 12 month high of $38.70. The stock has a 50 day moving average of $34.23 and a 200-day moving average of $32.59.

Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings data on Tuesday, March 4th. The company reported $1.14 EPS for the quarter. The firm had revenue of $599.65 million during the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%.

Village Super Market Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.00 annualized dividend and a yield of 2.83%. Village Super Market’s dividend payout ratio is currently 27.47%.

Institutional Investors Weigh In On Village Super Market

A number of institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its stake in shares of Village Super Market by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 23,931 shares of the company’s stock valued at $761,000 after acquiring an additional 965 shares in the last quarter. Rhumbline Advisers grew its position in shares of Village Super Market by 8.2% during the 4th quarter. Rhumbline Advisers now owns 14,514 shares of the company’s stock worth $463,000 after purchasing an additional 1,103 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Village Super Market by 21.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,409 shares of the company’s stock worth $204,000 after purchasing an additional 1,112 shares during the period. Ellsworth Advisors LLC raised its position in shares of Village Super Market by 7.4% in the fourth quarter. Ellsworth Advisors LLC now owns 21,452 shares of the company’s stock valued at $684,000 after buying an additional 1,471 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Village Super Market by 17.1% in the fourth quarter. Bank of America Corp DE now owns 10,326 shares of the company’s stock valued at $329,000 after buying an additional 1,511 shares during the period. Institutional investors own 39.02% of the company’s stock.

About Village Super Market

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.