Village Super Market (NASDAQ:VLGEA) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Village Super Market, Inc. (NASDAQ:VLGEA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $37.38 and traded as high as $43.38. Village Super Market shares last traded at $43.09, with a volume of 43,792 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of Village Super Market in a research note on Tuesday, January 27th. Wall Street Zen upgraded shares of Village Super Market from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Village Super Market Price Performance

The firm has a market cap of $635.58 million, a P/E ratio of 11.28 and a beta of 0.44. The business’s fifty day simple moving average is $41.63 and its 200-day simple moving average is $37.38. The company has a current ratio of 1.23, a quick ratio of 0.99 and a debt-to-equity ratio of 0.13.

Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings results on Wednesday, March 4th. The company reported $1.21 EPS for the quarter. The firm had revenue of $640.96 million during the quarter. Village Super Market had a return on equity of 11.52% and a net margin of 2.37%.

Village Super Market Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Thursday, April 2nd were paid a $0.25 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $1.00 annualized dividend and a yield of 2.3%. Village Super Market’s dividend payout ratio (DPR) is currently 26.18%.

Insider Buying and Selling at Village Super Market

In other news, CEO John James Sumas sold 12,702 shares of the company’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $43.16, for a total transaction of $548,218.32. Following the sale, the chief executive officer directly owned 36,050 shares in the company, valued at $1,555,918. This represents a 26.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP John Sumas sold 12,703 shares of the stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $41.30, for a total transaction of $524,633.90. Following the completion of the sale, the executive vice president directly owned 102,938 shares in the company, valued at approximately $4,251,339.40. The trade was a 10.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 33,405 shares of company stock valued at $1,423,892 in the last quarter. 59.12% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VLGEA. Farther Finance Advisors LLC boosted its holdings in Village Super Market by 121.9% in the 4th quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock valued at $33,000 after purchasing an additional 512 shares during the period. CANADA LIFE ASSURANCE Co increased its holdings in shares of Village Super Market by 60.6% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company’s stock worth $42,000 after purchasing an additional 451 shares during the period. State of Alaska Department of Revenue raised its position in shares of Village Super Market by 319.0% in the fourth quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company’s stock worth $61,000 after buying an additional 1,340 shares in the last quarter. State of Wyoming purchased a new stake in shares of Village Super Market in the third quarter worth $64,000. Finally, Morton Brown Family Wealth LLC bought a new stake in Village Super Market during the first quarter valued at $77,000. 39.02% of the stock is owned by institutional investors.

Village Super Market Company Profile

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company’s supermarkets feature an array of in-store services designed to meet diverse customer needs.