Village Super Market Inc. (VLGEA) CFO Orden John L. Van Sells 1,080 Shares of Stock
Village Super Market Inc. (NASDAQ:VLGEA) CFO Orden John L. Van sold 1,080 shares of the firm’s stock in a transaction dated Friday, October 14th. The stock was sold at an average price of $32.00, for a total transaction of $34,560.00. Following the completion of the transaction, the chief financial officer now directly owns 12,000 shares in the company, valued at approximately $384,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Village Super Market Inc. (NASDAQ:VLGEA) opened at 31.88 on Tuesday. The stock’s 50 day moving average price is $31.76 and its 200-day moving average price is $28.89. Village Super Market Inc. has a 12-month low of $23.29 and a 12-month high of $33.00. The company has a market cap of $450.37 million, a PE ratio of 17.98 and a beta of 0.76.
Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings data on Thursday, October 6th. The company reported $0.60 earnings per share (EPS) for the quarter. Village Super Market had a net margin of 1.53% and a return on equity of 9.19%. The company had revenue of $437.30 million for the quarter. On average, equities research analysts forecast that Village Super Market Inc. will post $2.13 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 27th. Stockholders of record on Thursday, October 6th will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, October 4th. This represents a $1.00 annualized dividend and a dividend yield of 3.14%. Village Super Market’s payout ratio is 56.50%.
Separately, TheStreet raised Village Super Market from a “hold” rating to a “buy” rating in a report on Friday, July 8th.
About Village Super Market
Village Super Market, Inc is engaged in the retail sale of food and nonfood products. The Company operates a chain of approximately 29 ShopRite supermarkets of which around 18 are located in northern New Jersey, over eight in southern New Jersey, approximately two in Maryland and one in northeastern Pennsylvania.
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