Village Super Market (NASDAQ:VLGEA) EVP Sells $524,633.90 in Stock

Village Super Market, Inc. (NASDAQ:VLGEA) EVP John Sumas sold 12,703 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $41.30, for a total value of $524,633.90. Following the completion of the sale, the executive vice president owned 102,938 shares in the company, valued at $4,251,339.40. The trade was a 10.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Village Super Market Stock Up 0.0%

VLGEA stock traded up $0.01 during midday trading on Wednesday, hitting $41.22. The company’s stock had a trading volume of 43,933 shares, compared to its average volume of 50,769. The company has a market cap of $608.00 million, a PE ratio of 10.79 and a beta of 0.44. Village Super Market, Inc. has a 12 month low of $30.08 and a 12 month high of $45.12. The company has a current ratio of 1.23, a quick ratio of 0.99 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average is $40.70 and its 200-day moving average is $36.78.

Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings data on Wednesday, March 4th. The company reported $1.21 earnings per share (EPS) for the quarter. The business had revenue of $640.96 million for 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 will be paid on Thursday, April 23rd. Investors of record on Thursday, April 2nd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, April 2nd. Village Super Market’s dividend payout ratio (DPR) is currently 26.18%.

Wall Street Analyst Weigh In

VLGEA has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Village Super Market in a report on Tuesday, January 27th. Wall Street Zen raised Village Super Market from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy”.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in shares of Village Super Market by 121.9% during the fourth quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock valued at $33,000 after purchasing an additional 512 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its position in shares of Village Super Market by 60.6% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company’s stock valued at $42,000 after purchasing an additional 451 shares in the last quarter. State of Alaska Department of Revenue grew its position in 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 acquiring an additional 1,340 shares in the last quarter. State of Wyoming purchased a new position in Village Super Market in the third quarter worth about $64,000. Finally, CWM LLC grew its position in Village Super Market by 50.5% in the third quarter. CWM LLC now owns 2,387 shares of the company’s stock worth $89,000 after acquiring an additional 801 shares in the last quarter. Hedge funds and other institutional investors own 39.02% of the company’s stock.

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.