Carolyn Hauger Sells 22,000 Shares of Village Farms International (NASDAQ:VFF) Stock

Village Farms International, Inc. (NASDAQ:VFF) Director Carolyn Hauger sold 22,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $3.75, for a total transaction of $82,500.00. Following the completion of the transaction, the director directly owned 29,020 shares of the company’s stock, valued at $108,825. This represents a 43.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Village Farms International Price Performance

NASDAQ:VFF traded down $0.03 on Friday, reaching $3.52. 2,782,527 shares of the company’s stock traded hands, compared to its average volume of 1,498,807. The stock has a 50-day simple moving average of $3.16 and a 200-day simple moving average of $2.14. Village Farms International, Inc. has a 12 month low of $0.45 and a 12 month high of $4.08. The firm has a market cap of $406.62 million, a PE ratio of 39.12 and a beta of 2.27. The company has a quick ratio of 1.89, a current ratio of 2.65 and a debt-to-equity ratio of 0.11.

Village Farms International (NASDAQ:VFF) last released its quarterly earnings data on Monday, November 10th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Village Farms International had a negative return on equity of 2.24% and a net margin of 3.42%.The firm had revenue of $66.74 million during the quarter, compared to analyst estimates of $58.63 million. Equities research analysts forecast that Village Farms International, Inc. will post -0.15 earnings per share for the current year.

Institutional Trading of Village Farms International

Several hedge funds have recently modified their holdings of VFF. Traynor Capital Management Inc. bought a new position in shares of Village Farms International during the 3rd quarter valued at approximately $31,000. Key Client Fiduciary Advisors LLC raised its stake in Village Farms International by 1.7% during the second quarter. Key Client Fiduciary Advisors LLC now owns 687,285 shares of the company’s stock valued at $756,000 after purchasing an additional 11,320 shares in the last quarter. Jane Street Group LLC lifted its position in Village Farms International by 8.9% during the second quarter. Jane Street Group LLC now owns 203,772 shares of the company’s stock valued at $224,000 after purchasing an additional 16,631 shares during the last quarter. Stephens Inc. AR grew its stake in shares of Village Farms International by 50.6% in the 2nd quarter. Stephens Inc. AR now owns 59,500 shares of the company’s stock worth $65,000 after buying an additional 20,000 shares in the last quarter. Finally, GSA Capital Partners LLP grew its stake in shares of Village Farms International by 37.6% in the 3rd quarter. GSA Capital Partners LLP now owns 82,728 shares of the company’s stock worth $259,000 after buying an additional 22,627 shares in the last quarter. 12.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VFF. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Village Farms International in a report on Thursday, October 30th. Zacks Research upgraded shares of Village Farms International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Finally, Wall Street Zen upgraded shares of Village Farms International from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Village Farms International Company Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.