Insider Selling: Natural Grocers by Vitamin Cottage CFO Unloads 3,195 Shares of Stock (NGVC)
Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) CFO Sandra Buffa unloaded 3,195 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $39.05, for a total value of $124,764.75. Following the transaction, the chief financial officer now directly owns 216,421 shares of the company’s stock, valued at approximately $8,451,240. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on NGVC shares. Analysts at Wells Fargo & Co. initiated coverage on shares of Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) in a research note to investors on Monday, September 9th. They set an “outperform” rating on the stock. Analysts at Canaccord Genuity raised their price target on shares of Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) from $30.00 to $38.00 in a research note to investors on Thursday, August 8th. They now have a “buy” rating on the stock.
Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) traded up 2.76% on Tuesday, hitting $36.89. 168,107 shares of the company’s stock traded hands. Natural Grocers by Vitamin Cottage has a one year low of $17.45 and a one year high of $42.86. The stock has a 50-day moving average of $36.75 and a 200-day moving average of $30.44. The company has a market cap of $827.6 million and a price-to-earnings ratio of 86.51.
Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.14 by $0.01. The company had revenue of $113.20 million for the quarter, compared to the consensus estimate of $107.32 million. The company’s revenue for the quarter was up 30.6% on a year-over-year basis. Analysts expect that Natural Grocers by Vitamin Cottage will post $0.48 EPS for the current fiscal year.
Natural Grocers by Vitamin Cottage, Inc is a specialty retailer of natural and organic groceries and dietary supplements.
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