Insider Selling: Of Perry Sumas Estate Sells 7,000 Shares of Village Super Market Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate unloaded 7,000 shares of Village Super Market stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $21.68, for a total transaction of $151,760.00. Following the completion of the transaction, the insider now directly owns 1,283,049 shares in the company, valued at approximately $27,816,502. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major 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 up 2.84% during mid-day trading on Tuesday, hitting $22.42. The stock had a trading volume of 24,897 shares. Village Super Market has a one year low of $19.22 and a one year high of $39.71. The stock has a 50-day moving average of $22.90 and a 200-day moving average of $24.77. The company has a market cap of $315.1 million and a P/E ratio of 43.17.
Village Super Market (NASDAQ:VLGEA) last announced its 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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