Insider Selling: Village Super Market major shareholder Sells 1,810 Shares of Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate unloaded 1,810 shares of the company’s stock on the open market in a transaction dated Friday, August 1st. The shares were sold at an average price of $24.06, for a total transaction of $43,548.60. Following the completion of the sale, the insider now directly owns 1,315,854 shares of the company’s stock, valued at approximately $31,659,447. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Village Super Market (NASDAQ:VLGEA) traded down 0.15% on Monday, hitting $23.915. 10,420 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 has a 50-day moving average of $23.66 and a 200-day moving average of $25.60. The company has a market cap of $336.1 million and a price-to-earnings ratio of 47.43.
Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $0.17 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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