Village Super Market (NASDAQ:VLGEA) Stock Price Crosses Above Two Hundred Day Moving Average - Here's Why

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.77 and traded as high as $33.70. Village Super Market shares last traded at $32.60, with a volume of 26,871 shares changing hands.

Village Super Market Stock Performance

The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. The stock's 50 day moving average is $31.12 and its 200 day moving average is $29.78. The stock has a market capitalization of $481.18 million, a price-to-earnings ratio of 9.39 and a beta of 0.30.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last released its quarterly earnings data on Tuesday, October 8th. The company reported $1.14 earnings per share (EPS) for the quarter. The company had revenue of $578.24 million during the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%.

Insider Activity

In other Village Super Market news, Director Kevin Begley sold 5,000 shares of the company's stock in a transaction on Friday, October 18th. The stock was sold at an average price of $30.55, for a total value of $152,750.00. Following the transaction, the director now owns 61,261 shares of the company's stock, valued at approximately $1,871,523.55. This represents a 7.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 10,933 shares of company stock valued at $330,872. Company insiders own 56.78% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VLGEA. Innealta Capital LLC acquired a new position in shares of Village Super Market in the second quarter worth $39,000. Acadian Asset Management LLC acquired a new position in Village Super Market in the 2nd quarter worth about $130,000. American Century Companies Inc. raised its stake in shares of Village Super Market by 17.4% during the 2nd quarter. American Century Companies Inc. now owns 158,814 shares of the company's stock worth $4,194,000 after purchasing an additional 23,492 shares in the last quarter. Sierra Summit Advisors LLC lifted its holdings in shares of Village Super Market by 21.7% during the 2nd quarter. Sierra Summit Advisors LLC now owns 24,458 shares of the company's stock valued at $646,000 after buying an additional 4,353 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Village Super Market by 0.5% in the 2nd quarter. Renaissance Technologies LLC now owns 568,684 shares of the company's stock valued at $15,019,000 after buying an additional 3,100 shares in the last quarter. 39.02% of the stock is owned by institutional investors and hedge funds.

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.