Insider Selling: Of Perry Sumas Estate Sells 1,300 Shares of Village Super Market Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate sold 1,300 shares of the company’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $23.78, for a total value of $30,914.00. Following the completion of the sale, the insider now directly owns 1,338,693 shares of the company’s stock, valued at approximately $31,834,120. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Village Super Market (NASDAQ:VLGEA) opened at 23.78 on Tuesday. Village Super Market has a one year low of $21.87 and a one year high of $39.71. The stock’s 50-day moving average is $23.98 and its 200-day moving average is $27.95. The company has a market cap of $334.2 million and a P/E ratio of 46.99.
Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $372.51 million for the quarter, compared to the consensus estimate of $359.81 million.
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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