Insider Selling: Village Super Market major shareholder Sells 5,747 Shares of Stock (VLGEA)
Village Super Market (NASDAQ:VLGEA) major shareholder Of Perry Sumas Estate sold 5,747 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $22.70, for a total value of $130,456.90. Following the transaction, the insider now directly owns 1,267,887 shares of the company’s stock, valued at approximately $28,781,035. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
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 15,483 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 $22.79 and its 200-day moving average is $24.68. 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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