Village Super Market Major Shareholder Unloads $373,439 in Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate unloaded 10,688 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $34.94, for a total transaction of $373,438.72. Following the completion of the transaction, the insider now directly owns 1,493,365 shares in the company, valued at approximately $52,178,173. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Village Super Market (NASDAQ:VLGEA) traded up 0.23% on Thursday, hitting $34.60. 3,586 shares of the company’s stock traded hands. Village Super Market has a 52-week low of $29.51 and a 52-week high of $39.71. The stock’s 50-day moving average is $36.34 and its 200-day moving average is $35.55. The company has a market cap of $479.0 million and a P/E ratio of 18.68.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 24th. Shareholders of record on Wednesday, October 2nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend is Monday, September 30th.
Village Super Market, Inc (NASDAQ:VLGEA) operated a chain of 26 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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