Insider Selling: Village Super Market, Inc. (NASDAQ:VLGEA) Major Shareholder Sells 400 Shares of Stock

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) major shareholder Robert Sumas sold 400 shares of the company's stock in a transaction on Friday, April 11th. The shares were sold at an average price of $35.95, for a total value of $14,380.00. Following the completion of the transaction, the insider now directly owns 92,131 shares in the company, valued at $3,312,109.45. This represents a 0.43 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company's shares 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 transaction of $34,146.03.

Village Super Market Stock Performance

NASDAQ:VLGEA traded down $0.61 during midday trading on Friday, reaching $34.78. The stock had a trading volume of 34,652 shares, compared to its average volume of 30,333. The stock has a market capitalization of $512.90 million, a P/E ratio of 10.02 and a beta of 0.42. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86. Village Super Market, Inc. has a 1-year low of $24.57 and a 1-year high of $38.70. The firm's fifty day simple moving average is $34.24 and its 200-day simple moving average is $32.61.

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

Village Super Market Dividend Announcement

The company 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 dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.00 annualized dividend and a yield of 2.88%. Village Super Market's dividend payout ratio is 27.47%.

Institutional Trading of Village Super Market

A number of hedge funds have recently modified their holdings of VLGEA. Systematic Financial Management LP lifted its position in shares of Village Super Market by 5.0% during the 4th quarter. Systematic Financial Management LP now owns 460,034 shares of the company's stock worth $14,671,000 after buying an additional 22,081 shares during the period. Money Concepts Capital Corp lifted its holdings in shares of Village Super Market by 2.1% during the fourth quarter. Money Concepts Capital Corp now owns 317,716 shares of the company's stock valued at $10,132,000 after acquiring an additional 6,507 shares during the period. American Century Companies Inc. boosted its stake in shares of Village Super Market by 17.7% in the 4th quarter. American Century Companies Inc. now owns 264,087 shares of the company's stock valued at $8,422,000 after purchasing an additional 39,694 shares in the last quarter. State Street Corp grew its holdings in shares of Village Super Market by 1.1% in the 3rd quarter. State Street Corp now owns 200,112 shares of the company's stock worth $6,362,000 after purchasing an additional 2,139 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Village Super Market by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 177,468 shares of the company's stock worth $5,642,000 after purchasing an additional 2,994 shares during the last quarter. Institutional investors own 39.02% of the company's stock.

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.