Village Super Market, Inc. (NASDAQ:VLGEA) EVP John Sumas sold 5,000 shares of the stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $24.22, for a total value of $121,100.00. Following the sale, the executive vice president now directly owns 135,605 shares of the company’s stock, valued at $3,284,353.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Village Super Market, Inc. (NASDAQ VLGEA) traded down 0.04% during mid-day trading on Wednesday, reaching $24.22. The company’s stock had a trading volume of 24,822 shares. Village Super Market, Inc. has a 12-month low of $22.43 and a 12-month high of $36.42. The firm has a market cap of $348.33 million, a PE ratio of 15.14 and a beta of 0.31. The company has a 50-day moving average price of $24.27 and a 200-day moving average price of $24.90.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 26th. Stockholders of record on Thursday, October 5th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, October 4th. This represents a $1.00 annualized dividend and a dividend yield of 4.13%. Village Super Market’s payout ratio is 62.50%.

TRADEMARK VIOLATION NOTICE: This story was originally posted by American Banking News and is the property of of American Banking News. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/10/25/insider-selling-village-super-market-inc-vlgea-evp-sells-5000-shares-of-stock.html.

Separately, BidaskClub downgraded Village Super Market from a “sell” rating to a “strong sell” rating in a research report on Friday, August 25th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VLGEA. Northern Trust Corp lifted its holdings in shares of Village Super Market by 77.5% during the 2nd quarter. Northern Trust Corp now owns 166,801 shares of the company’s stock valued at $4,324,000 after buying an additional 72,805 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Village Super Market by 4.8% during the 2nd quarter. Renaissance Technologies LLC now owns 527,500 shares of the company’s stock valued at $13,673,000 after buying an additional 24,100 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Village Super Market by 4.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 529,909 shares of the company’s stock valued at $13,735,000 after buying an additional 22,811 shares during the period. State Street Corp lifted its holdings in shares of Village Super Market by 8.2% during the 2nd quarter. State Street Corp now owns 214,190 shares of the company’s stock valued at $5,552,000 after buying an additional 16,296 shares during the period. Finally, Municipal Employees Retirement System of Michigan lifted its holdings in shares of Village Super Market by 26.8% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 51,590 shares of the company’s stock valued at $1,337,000 after buying an additional 10,900 shares during the period. 42.88% of the stock is currently 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.

Insider Buying and Selling by Quarter for Village Super Market (NASDAQ:VLGEA)

Receive News & Ratings for Village Super Market Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Village Super Market Inc. and related companies with MarketBeat.com's FREE daily email newsletter.