Robert Sumas Sells 943 Shares of Village Super Market, Inc. (NASDAQ:VLGEA) Stock

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) major shareholder Robert Sumas sold 943 shares of Village Super Market stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of $36.21, for a total value of $34,146.03. Following the sale, the insider now owns 93,988 shares of the company's stock, valued at approximately $3,403,305.48. This represents a 0.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 shares were sold at an average price of $35.81, for a total transaction of $53,715.00.
• On Friday, April 11th, Robert Sumas sold 400 shares of Village Super Market stock. The shares were sold at an average price of $35.95, for a total value of $14,380.00.

Village Super Market Stock Performance

Shares of NASDAQ VLGEA traded down $0.61 during trading hours on Friday, hitting $34.78. 34,652 shares of the company's stock were exchanged, compared to its average volume of 30,350. The stock has a market capitalization of $512.90 million, a price-to-earnings ratio of 10.02 and a beta of 0.42. The company's 50-day moving average price is $34.24 and its 200-day moving average price is $32.64. 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.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported $1.14 earnings per share (EPS) 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 for the quarter.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.88%. The ex-dividend date is Thursday, April 3rd. Village Super Market's dividend payout ratio (DPR) is presently 27.47%.

Hedge Funds Weigh In On Village Super Market

A number of hedge funds have recently modified their holdings of VLGEA. Wilmington Savings Fund Society FSB bought a new stake in shares of Village Super Market during the third quarter worth $54,000. Abound Wealth Management bought a new stake in shares of Village Super Market during the first quarter worth $57,000. SBI Securities Co. Ltd. acquired a new position in shares of Village Super Market during the fourth quarter valued at $78,000. GAMMA Investing LLC increased its position 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. Finally, SG Americas Securities LLC acquired a new position in Village Super Market during the 4th quarter valued at about $118,000. 39.02% of the stock is owned by institutional investors and hedge funds.

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.