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Village Super Market (NASDAQ:VLGEA) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?


Village Super Market (NASDAQ:VLGEA) Stock Price Crosses Above 200 Day Moving Average   - Time to Sell?

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.00 and traded as high as $30.84. Village Super Market shares last traded at $30.23, with a volume of 17,891 shares changing hands.

The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.82 and a current ratio of 1.09. The stock has a market capitalization of $447.07 million, a P/E ratio of 8.94 and a beta of 0.27. The stock's fifty day simple moving average is $30.79 and its two-hundred day simple moving average is $29.01.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 3rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend is Thursday, October 3rd. Village Super Market's dividend payout ratio is currently 29.59%.

In other news, insider Luigi Perri sold 2,500 shares of the company's stock in a transaction on Friday, July 26th. The shares were sold at an average price of $30.52, for a total value of $76,300.00. Following the sale, the insider now directly owns 19,493 shares of the company's stock, valued at approximately $594,926.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CFO Orden John L. Van sold 2,000 shares of the business's stock in a transaction on Friday, July 26th. The shares were sold at an average price of $30.52, for a total transaction of $61,040.00. Following the transaction, the chief financial officer now owns 39,978 shares in the company, valued at $1,220,128.56. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Luigi Perri sold 2,500 shares of the business's stock in a transaction on Friday, July 26th. The shares were sold at an average price of $30.52, for a total transaction of $76,300.00. Following the transaction, the insider now owns 19,493 shares in the company, valued at $594,926.36. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 64.35% of the company's stock.

Several institutional investors have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC raised its holdings in Village Super Market by 5.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 8,627 shares of the company's stock worth $228,000 after buying an additional 428 shares during the last quarter. Mackenzie Financial Corp raised its holdings in Village Super Market by 2.4% during the second quarter. Mackenzie Financial Corp now owns 18,913 shares of the company's stock worth $499,000 after buying an additional 446 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Village Super Market by 1.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 38,362 shares of the company's stock valued at $1,098,000 after purchasing an additional 606 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Village Super Market by 18.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,146 shares of the company's stock valued at $135,000 after purchasing an additional 800 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Village Super Market by 6.0% in the first quarter. Janney Montgomery Scott LLC now owns 21,794 shares of the company's stock valued at $624,000 after purchasing an additional 1,236 shares during the last quarter. Institutional investors and hedge funds own 39.02% of the company's stock.

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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