Insider Selling: Village Super Market major shareholder Sells 6,889 Shares of Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate sold 6,889 shares of Village Super Market stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $20.34, for a total transaction of $140,122.26. Following the transaction, the insider now directly owns 1,300,765 shares in the company, valued at approximately $26,457,560. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Village Super Market (NASDAQ:VLGEA) traded up 1.63% during mid-day trading on Tuesday, hitting $20.62. The stock had a trading volume of 21,821 shares. Village Super Market has a 1-year low of $19.22 and a 1-year high of $39.71. The stock has a 50-day moving average of $23.18 and a 200-day moving average of $24.96. The company has a market cap of $289.8 million and a price-to-earnings ratio of 40.18.
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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