Abound Wealth Management Makes New Investment in Village Super Market, Inc. (NASDAQ:VLGEA)

Abound Wealth Management purchased a new position in shares of Village Super Market, Inc. (NASDAQ:VLGEA) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,500 shares of the company’s stock, valued at approximately $57,000.

Several other hedge funds also recently modified their holdings of VLGEA. Empowered Funds LLC lifted its holdings in shares of Village Super Market by 5.0% during the 4th quarter. Empowered Funds LLC now owns 59,663 shares of the company’s stock worth $1,888,000 after acquiring an additional 2,868 shares during the period. Rhumbline Advisers lifted its holdings in shares of Village Super Market by 8.2% during the 4th quarter. Rhumbline Advisers now owns 14,514 shares of the company’s stock worth $463,000 after acquiring an additional 1,103 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Village Super Market during the 4th quarter worth about $78,000. American Century Companies Inc. lifted its holdings in shares of Village Super Market by 17.7% during the 4th quarter. American Century Companies Inc. now owns 264,087 shares of the company’s stock worth $8,422,000 after acquiring an additional 39,694 shares during the period. Finally, Segall Bryant & Hamill LLC lifted its holdings in shares of Village Super Market by 87.9% during the 4th quarter. Segall Bryant & Hamill LLC now owns 76,373 shares of the company’s stock worth $2,436,000 after acquiring an additional 35,718 shares during the period. 39.02% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Village Super Market

In other news, major shareholder Robert Sumas sold 1,500 shares of Village Super Market stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $35.81, for a total transaction of $53,715.00. Following the sale, the insider now owns 87,931 shares in the company, valued at $3,148,809.11. This trade represents a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kevin Begley sold 3,000 shares of Village Super Market stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $35.19, for a total transaction of $105,570.00. Following the sale, the director now owns 43,961 shares in the company, valued at $1,546,987.59. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,843 shares of company stock worth $320,011. Company insiders own 56.78% of the company’s stock.

Village Super Market Trading Down 0.3%

Shares of VLGEA stock opened at $37.10 on Monday. The firm has a market cap of $547.11 million, a P/E ratio of 10.69 and a beta of 0.50. Village Super Market, Inc. has a 1-year low of $24.57 and a 1-year high of $40.15. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86. The firm’s 50-day simple moving average is $36.61 and its 200-day simple moving average is $34.33.

Village Super Market (NASDAQ:VLGEA) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. The business had revenue of $563.67 million for the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%.

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.