Insider Selling: Village Super Market major shareholder Sells 2,448 Shares of Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate sold 2,448 shares of the company’s stock on the open market in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $23.01, for a total value of $56,328.48. Following the completion of the transaction, the insider now directly owns 1,265,439 shares in the company, valued at approximately $29,117,751. The sale was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Shares of Village Super Market (NASDAQ:VLGEA) traded up 1.18% during mid-day trading on Tuesday, hitting $23.20. The stock had a trading volume of 18,306 shares. Village Super Market has a one year low of $19.22 and a one year high of $39.71. The stock’s 50-day moving average is $22.74 and its 200-day moving average is $24.62. The company has a market cap of $326.0 million and a P/E ratio of 45.41.
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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