Village Super Market, Inc. (NASDAQ:VLGEA) Director Kevin Begley Sells 3,000 Shares

Village Super Market, Inc. (NASDAQ:VLGEA) Director Kevin Begley sold 3,000 shares of the business’s stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of $37.40, for a total transaction of $112,200.00. Following the sale, the director now directly owns 48,961 shares of the company’s stock, valued at approximately $1,831,141.40. This represents a 5.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Village Super Market Stock Performance

VLGEA stock traded down $0.21 during midday trading on Friday, reaching $35.78. The company had a trading volume of 25,916 shares, compared to its average volume of 29,690. The firm has a market capitalization of $527.65 million, a PE ratio of 10.31 and a beta of 0.42. The stock has a 50 day moving average price of $34.19 and a 200 day moving average price of $32.52. Village Super Market, Inc. has a fifty-two week low of $24.57 and a fifty-two week high of $38.70. The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.18.

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

Village Super Market Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Thursday, April 3rd. Village Super Market’s dividend payout ratio (DPR) is 27.47%.

Hedge Funds Weigh In On Village Super Market

Several institutional investors have recently modified their holdings of VLGEA. Wilmington Savings Fund Society FSB acquired a new position in Village Super Market during the 3rd quarter valued at about $54,000. SBI Securities Co. Ltd. bought a new stake in shares of Village Super Market during the fourth quarter valued at approximately $78,000. GAMMA Investing LLC boosted its position in shares of Village Super Market by 8,860.7% during the first quarter. GAMMA Investing LLC now owns 2,509 shares of the company’s stock worth $95,000 after buying an additional 2,481 shares during the period. SG Americas Securities LLC bought a new position in Village Super Market in the 4th quarter worth approximately $118,000. Finally, BNP Paribas Financial Markets increased its position in Village Super Market by 239.9% in the 4th quarter. BNP Paribas Financial Markets now owns 5,945 shares of the company’s stock valued at $190,000 after acquiring an additional 4,196 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.