Insider Selling: Village Super Market major shareholder Sells 1,500 Shares of Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate sold 1,500 shares of Village Super Market stock on the open market in a transaction dated Monday, August 11th. The stock was sold at an average price of $23.53, for a total transaction of $35,295.00. Following the sale, the insider now directly owns 1,314,254 shares of the company’s stock, valued at approximately $30,924,397. The sale 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 shares are required to disclose their transactions with the SEC.
Shares of Village Super Market (NASDAQ:VLGEA) traded down 2.38% on Tuesday, hitting $23.00. 14,471 shares of the company’s stock traded hands. Village Super Market has a 1-year low of $21.87 and a 1-year high of $39.71. The stock’s 50-day moving average is $23.68 and its 200-day moving average is $25.32. The company has a market cap of $323.2 million and a price-to-earnings ratio of 46.65.
Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings data 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.
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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