Village Super Market, Inc. (NASDAQ:VLGEA) Major Shareholder Sells $14,380.00 in Stock

Village Super Market, Inc. (NASDAQ:VLGEA) major shareholder Robert Sumas sold 400 shares of the company’s stock in a transaction dated Friday, April 11th. The shares were sold at an average price of $35.95, for a total transaction of $14,380.00. Following the transaction, the insider now directly owns 92,131 shares of the company’s stock, valued at approximately $3,312,109.45. This trade represents a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Robert Sumas also recently made the following trade(s):

• On Tuesday, April 15th, Robert Sumas sold 1,500 shares of Village Super Market stock. The stock was sold at an average price of $35.81, for a total value of $53,715.00.
• On Tuesday, April 8th, Robert Sumas sold 943 shares of Village Super Market stock. The shares were sold at an average price of $36.21, for a total value of $34,146.03.

Village Super Market Price Performance

Shares of VLGEA stock opened at $35.39 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.86 and a current ratio of 1.13. The firm has a market cap of $521.90 million, a P/E ratio of 10.20 and a beta of 0.42. The business’s 50 day moving average price is $34.23 and its 200-day moving average price is $32.59. Village Super Market, Inc. has a fifty-two week low of $24.57 and a fifty-two week high of $38.70.

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

Village Super Market Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Thursday, April 3rd. Village Super Market’s payout ratio is currently 27.47%.

Institutional Trading of Village Super Market

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Village Super Market during the 3rd quarter valued at $54,000. SBI Securities Co. Ltd. bought a new stake in Village Super Market during the fourth quarter worth about $78,000. GAMMA Investing LLC grew its holdings in Village Super Market by 8,860.7% in the first quarter. GAMMA Investing LLC now owns 2,509 shares of the company’s stock worth $95,000 after purchasing an additional 2,481 shares during the period. SG Americas Securities LLC bought a new position in shares of Village Super Market during the fourth quarter valued at approximately $118,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Village Super Market by 239.9% during the fourth quarter. BNP Paribas Financial Markets now owns 5,945 shares of the company’s stock valued at $190,000 after purchasing an additional 4,196 shares during the last quarter. 39.02% of the stock is currently owned by hedge funds and other institutional investors.

Village Super Market Company Profile

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.