Village Super Market major shareholder Unloads $40,433 in Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate unloaded 1,701 shares of the company’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $23.77, for a total value of $40,432.77. Following the completion of the sale, the insider now directly owns 1,322,021 shares of the company’s stock, valued at approximately $31,424,439. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Village Super Market (NASDAQ:VLGEA) traded down 0.21% during mid-day trading on Tuesday, hitting $23.70. 1,632 shares of the company’s stock traded hands. Village Super Market has a 52 week low of $21.87 and a 52 week high of $39.71. The stock’s 50-day moving average is $23. and its 200-day moving average is $26.20. The company has a market cap of $333.1 million and a P/E ratio of 47.03.
Village Super Market (NASDAQ:VLGEA) last announced its earnings results on Tuesday, June 3rd. The company reported $0.17 earnings per share for the quarter. The company had revenue of $372.51 million for the quarter, compared to the consensus estimate of $359.81 million.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 24th. Stockholders of record on Wednesday, July 2nd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.21%. The ex-dividend date is Monday, June 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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