Village Super Market major shareholder Sells $67,381 in Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate unloaded 2,629 shares of Village Super Market stock in a transaction dated Thursday, April 17th. The stock was sold at an average price of $25.63, for a total value of $67,381.27. Following the completion of the transaction, the insider now directly owns 1,401,365 shares of the company’s stock, valued at approximately $35,916,985. The sale was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Village Super Market (NASDAQ:VLGEA) traded down 0.20% on Friday, hitting $25.51. 8,354 shares of the company’s stock traded hands. Village Super Market has a 52 week low of $24.93 and a 52 week high of $39.71. The stock has a 50-day moving average of $27.13 and a 200-day moving average of $31.0. The company has a market cap of $353.4 million and a price-to-earnings ratio of 53.70.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.92%. The ex-dividend date is Tuesday, April 1st.
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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