Village Super Market, Inc. (NASDAQ:VLGEA) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Thursday.

Village Super Market (VLGEA) traded down 2.22% during midday trading on Thursday, reaching $24.25. The company’s stock had a trading volume of 14,225 shares. The stock has a 50 day moving average of $24.87 and a 200 day moving average of $26.84. The firm has a market capitalization of $349.61 million, a PE ratio of 14.07 and a beta of 0.30. Village Super Market has a 52 week low of $22.43 and a 52 week high of $36.42.

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In other Village Super Market news, EVP William Sumas sold 4,700 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $26.00, for a total value of $122,200.00. Following the completion of the transaction, the executive vice president now owns 305,662 shares of the company’s stock, valued at approximately $7,947,212. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John Sumas sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $25.14, for a total value of $125,700.00. Following the completion of the transaction, the executive vice president now directly owns 128,205 shares of the company’s stock, valued at approximately $3,223,073.70. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,490 shares of company stock valued at $569,438. 40.12% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of VLGEA. Bessemer Group Inc. boosted its position in Village Super Market by 0.8% in the second quarter. Bessemer Group Inc. now owns 12,000 shares of the company’s stock valued at $311,000 after buying an additional 100 shares during the period. Schwab Charles Investment Management Inc. boosted its position in Village Super Market by 8.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 83,346 shares of the company’s stock valued at $2,161,000 after buying an additional 6,666 shares during the period. Trexquant Investment LP purchased a new position in Village Super Market during the second quarter valued at approximately $216,000. New Jersey Better Educational Savings Trust purchased a new position in Village Super Market during the second quarter valued at approximately $259,000. Finally, Cigna Investments Inc. New purchased a new position in Village Super Market during the second quarter valued at approximately $266,000. 45.15% of the stock is owned by hedge funds and other institutional investors.

Village Super Market Company Profile

Village Super Market, Inc (Village) is engaged in retail sale of food and nonfood products. As of July 30, 2016, the Company operated a chain of 29 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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