Robert Sumas Sells 1,500 Shares of Village Super Market, Inc. (NASDAQ:VLGEA) Stock

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) major shareholder Robert Sumas sold 1,500 shares of the company's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $35.81, for a total transaction of $53,715.00. Following the completion of the transaction, the insider now owns 87,931 shares in the company, valued at approximately $3,148,809.11. This trade represents a 1.68 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Major 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 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.
• On Friday, April 11th, Robert Sumas sold 400 shares of Village Super Market stock. The stock was sold at an average price of $35.95, for a total transaction of $14,380.00.

Village Super Market Price Performance

NASDAQ:VLGEA traded down $0.33 on Monday, hitting $34.45. The company had a trading volume of 17,793 shares, compared to its average volume of 37,820. The firm has a 50 day moving average of $34.24 and a two-hundred day moving average of $32.66. The stock has a market capitalization of $508.03 million, a price-to-earnings ratio of 9.93 and a beta of 0.42. Village Super Market, Inc. has a 52 week low of $24.57 and a 52 week high of $38.70. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18.

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

Village Super Market Announces Dividend

The business also recently disclosed 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 dividend yield of 2.90%. The ex-dividend date is Thursday, April 3rd. Village Super Market's dividend payout ratio is currently 27.47%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VLGEA. Abound Wealth Management bought a new stake in Village Super Market in the first quarter worth approximately $57,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Village Super Market during the 3rd quarter valued at $54,000. SBI Securities Co. Ltd. bought a new position in Village Super Market during the fourth quarter worth $78,000. GAMMA Investing LLC raised its stake in Village Super Market by 8,860.7% during the 1st 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. Finally, SG Americas Securities LLC bought a new position in shares of Village Super Market in the 4th quarter worth $118,000. 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.