Aegis Financial Corp Purchases Shares of 55,733 Village Super Market, Inc. $VLGEA

Aegis Financial Corp purchased a new stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 55,733 shares of the company’s stock, valued at approximately $1,973,000. Village Super Market accounts for 0.5% of Aegis Financial Corp’s portfolio, making the stock its 22nd largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Village Super Market by 8.2% during the third quarter. Vanguard Group Inc. now owns 502,457 shares of the company’s stock valued at $18,772,000 after acquiring an additional 38,108 shares during the period. Money Concepts Capital Corp grew its position in Village Super Market by 10.3% during the fourth quarter. Money Concepts Capital Corp now owns 370,064 shares of the company’s stock valued at $13,098,000 after acquiring an additional 34,516 shares during the period. Royce & Associates LP grew its position in Village Super Market by 12.2% during the third quarter. Royce & Associates LP now owns 159,011 shares of the company’s stock valued at $5,941,000 after acquiring an additional 17,338 shares during the period. Bulldog Investors LLP grew its position in Village Super Market by 184.5% during the third quarter. Bulldog Investors LLP now owns 151,510 shares of the company’s stock valued at $5,660,000 after acquiring an additional 98,253 shares during the period. Finally, Bridgeway Capital Management LLC grew its position in Village Super Market by 1.4% during the third quarter. Bridgeway Capital Management LLC now owns 137,318 shares of the company’s stock valued at $5,130,000 after acquiring an additional 1,836 shares during the period. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Insider Buying and Selling

In related news, CEO John James Sumas sold 12,702 shares of the business’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $43.16, for a total value of $548,218.32. Following the transaction, the chief executive officer owned 36,050 shares in the company, valued at approximately $1,555,918. The trade was a 26.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John Sumas sold 12,703 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $41.30, for a total value of $524,633.90. Following the completion of the transaction, the executive vice president owned 102,938 shares in the company, valued at approximately $4,251,339.40. This trade represents a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 33,405 shares of company stock worth $1,423,892. 59.12% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on VLGEA shares. Weiss Ratings downgraded Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded Village Super Market from a “strong-buy” rating to a “hold” rating in a research report on Saturday, June 6th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Village Super Market has a consensus rating of “Buy”.

Village Super Market Stock Performance

NASDAQ:VLGEA opened at $41.36 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.88 and a current ratio of 1.17. Village Super Market, Inc. has a one year low of $30.08 and a one year high of $48.21. The business’s 50-day simple moving average is $43.39 and its 200 day simple moving average is $39.62. The stock has a market cap of $610.06 million, a price-to-earnings ratio of 11.24 and a beta of 0.43.

Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.61 EPS for the quarter. Village Super Market had a return on equity of 10.80% and a net margin of 2.27%.The business had revenue of $572.59 million for the quarter.

Village Super Market Company Profile

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company’s supermarkets feature an array of in-store services designed to meet diverse customer needs.