Village Super Market, Inc. (NASDAQ:VLGEA) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Friday.

Shares of Village Super Market (NASDAQ VLGEA) traded up 0.17% during trading on Friday, reaching $23.26. 5,822 shares of the company’s stock were exchanged. The firm has a market cap of $335.34 million, a price-to-earnings ratio of 13.50 and a beta of 0.30. The stock has a 50-day moving average price of $24.20 and a 200 day moving average price of $26.15. Village Super Market has a 12 month low of $22.43 and a 12 month high of $36.42.

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In other Village Super Market news, EVP William Sumas sold 4,700 shares of the business’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of $26.00, for a total transaction of $122,200.00. Following the transaction, the executive vice president now owns 305,662 shares of the company’s stock, valued at $7,947,212. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John Sumas sold 5,000 shares of the business’s stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $25.14, for a total value of $125,700.00. Following the transaction, the executive vice president now directly owns 128,205 shares in the company, valued at approximately $3,223,073.70. The disclosure for this sale can be found here. Insiders sold 22,490 shares of company stock worth $569,438 over the last ninety days. Corporate insiders own 40.12% of the company’s stock.

A number of large investors have recently bought and sold shares of the stock. TIAA CREF Investment Management LLC increased its stake in Village Super Market by 7.0% in the second quarter. TIAA CREF Investment Management LLC now owns 19,854 shares of the company’s stock worth $515,000 after buying an additional 1,297 shares in the last quarter. Teachers Advisors LLC increased its stake in Village Super Market by 26.4% in the second quarter. Teachers Advisors LLC now owns 14,147 shares of the company’s stock worth $367,000 after buying an additional 2,952 shares in the last quarter. Martingale Asset Management L P increased its stake in Village Super Market by 0.7% in the second quarter. Martingale Asset Management L P now owns 28,710 shares of the company’s stock worth $745,000 after buying an additional 200 shares in the last quarter. Wells Fargo & Company MN increased its stake in Village Super Market by 6.2% in the second quarter. Wells Fargo & Company MN now owns 32,606 shares of the company’s stock worth $846,000 after buying an additional 1,903 shares in the last quarter. Finally, LSV Asset Management increased its stake in Village Super Market by 3.9% in the second quarter. LSV Asset Management now owns 257,711 shares of the company’s stock worth $6,679,000 after buying an additional 9,700 shares in the last quarter. Institutional investors own 44.87% of the company’s stock.

Village Super Market Company Profile

Village Super Market, Inc (Village) is engaged in retail sale of food and nonfood products. As of July 30, 2016, the Company operated a chain of 29 ShopRite supermarkets, 18 of which are located in northern New Jersey, eight in southern New Jersey, two in Maryland and one in northeastern Pennsylvania.

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