Willamette Valley Vineyards (NASDAQ:WVVI) CFO Acquires $16,071.96 in Stock

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) CFO John Walter Hazlett bought 7,996 shares of the business’s stock in a transaction dated Friday, October 9th. The shares were bought at an average price of $2.01 per share, with a total value of $16,071.96. Following the completion of the transaction, the chief financial officer owned 7,996 shares in the company, valued at approximately $16,071.96. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Walter Hazlett also recently made the following trade(s):

• On Monday, October 12th, John Walter Hazlett bought 2,004 shares of Willamette Valley Vineyards stock. The shares were bought at an average cost of $2.05 per share, for a total transaction of $4,108.20.

Willamette Valley Vineyards Price Performance

Shares of NASDAQ WVVI traded up $0.07 during mid-day trading on Tuesday, reaching $2.02. The company had a trading volume of 4,433 shares, compared to its average volume of 8,951. The firm has a market cap of $10.08 million, a price-to-earnings ratio of -2.20 and a beta of 0.23. The business’s 50-day simple moving average is $2.12 and its 200 day simple moving average is $2.49. Willamette Valley Vineyards, Inc. has a one year low of $1.65 and a one year high of $4.00. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.36 and a current ratio of 2.92.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.40) earnings per share for the quarter. The firm had revenue of $10.04 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 10.31% and a negative net margin of 5.93%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Willamette Valley Vineyards in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Trading of Willamette Valley Vineyards

An institutional investor recently bought a new stake in Willamette Valley Vineyards stock. EP Wealth Advisors LLC acquired a new stake in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,168 shares of the company’s stock, valued at approximately $41,000. EP Wealth Advisors LLC owned approximately 0.32% of Willamette Valley Vineyards as of its most recent SEC filing. Hedge funds and other institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc is an Oregon-based wine producer and vineyard operator founded in 1983 by Jim Bernau. The company focuses on wines made from grapes grown in Oregon’s Willamette Valley, a region known particularly for Pinot Noir. Its portfolio also includes varieties such as Pinot Gris, Chardonnay, Riesling and other wines produced under its family of brands.

The company operates vineyards, wineries and tasting-room facilities in Oregon and sells its products through tasting rooms, direct-to-consumer channels, wine clubs, online sales and wholesale distribution.