Axecap Investments LLC bought a new stake in Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 62,805 shares of the company's stock, valued at approximately $2,387,000. Village Super Market accounts for 2.0% of Axecap Investments LLC's investment portfolio, making the stock its 22nd largest holding. Axecap Investments LLC owned about 0.43% of Village Super Market as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in VLGEA. Rhumbline Advisers raised its position in Village Super Market by 8.2% during the fourth quarter. Rhumbline Advisers now owns 14,514 shares of the company's stock worth $463,000 after acquiring an additional 1,103 shares during the period. Wells Fargo & Company MN raised its position in Village Super Market by 21.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,409 shares of the company's stock worth $204,000 after acquiring an additional 1,112 shares during the period. Bank of America Corp DE raised its position in Village Super Market by 17.1% during the fourth quarter. Bank of America Corp DE now owns 10,326 shares of the company's stock worth $329,000 after acquiring an additional 1,511 shares during the period. Barclays PLC raised its position in Village Super Market by 14.5% during the fourth quarter. Barclays PLC now owns 13,097 shares of the company's stock worth $417,000 after acquiring an additional 1,663 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in Village Super Market during the fourth quarter worth $78,000. 39.02% of the stock is currently owned by institutional investors and hedge funds.
Village Super Market Price Performance
NASDAQ:VLGEA traded down $0.11 during trading hours on Friday, reaching $37.10. 24,047 shares of the company were exchanged, compared to its average volume of 32,366. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. The stock's 50-day moving average is $36.61 and its 200-day moving average is $34.32. The firm has a market cap of $547.11 million, a PE ratio of 10.69 and a beta of 0.50. Village Super Market, Inc. has a twelve month low of $24.57 and a twelve month high of $40.15.
Village Super Market (NASDAQ:VLGEA - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. The company had revenue of $563.67 million during the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%.
Insiders Place Their Bets
In other news, Director Kevin Begley sold 3,000 shares of the stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $35.19, for a total value of $105,570.00. Following the completion of the sale, the director now directly owns 43,961 shares in the company, valued at $1,546,987.59. This represents a 6.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Robert Sumas sold 943 shares of the stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of $36.21, for a total transaction of $34,146.03. Following the completion of the sale, the insider now owns 93,988 shares of the company's stock, valued at $3,403,305.48. This trade represents a 0.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,843 shares of company stock worth $320,011. Company insiders own 56.78% of the company's stock.
About Village Super Market
(
Free Report)
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.
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