Village Farms International, Inc. (NASDAQ:VFF) Director John R. Mclernon Purchases 14,200 Shares

Village Farms International, Inc. (NASDAQ:VFF - Get Free Report) Director John R. Mclernon acquired 14,200 shares of Village Farms International stock in a transaction dated Friday, March 15th. The stock was acquired at an average cost of $0.77 per share, with a total value of $10,934.00. Following the completion of the transaction, the director now directly owns 15,800 shares of the company's stock, valued at approximately $12,166. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Village Farms International Price Performance

Village Farms International stock traded down $0.09 during mid-day trading on Friday, hitting $1.27. 1,152,018 shares of the company were exchanged, compared to its average volume of 824,980. The company has a quick ratio of 1.02, a current ratio of 2.10 and a debt-to-equity ratio of 0.13. The business has a fifty day moving average of $0.95 and a 200 day moving average of $0.84. Village Farms International, Inc. has a 1-year low of $0.55 and a 1-year high of $1.57. The company has a market capitalization of $140.02 million, a PE ratio of -4.54 and a beta of 2.44.

Village Farms International (NASDAQ:VFF - Get Free Report) last announced its earnings results on Wednesday, March 13th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.06). The business had revenue of $74.23 million for the quarter, compared to the consensus estimate of $70.03 million. Village Farms International had a negative return on equity of 5.58% and a negative net margin of 11.13%. As a group, sell-side analysts expect that Village Farms International, Inc. will post -0.06 earnings per share for the current year.

Hedge Funds Weigh In On Village Farms International

Several hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its holdings in Village Farms International by 2.5% in the third quarter. Renaissance Technologies LLC now owns 249,661 shares of the company's stock valued at $477,000 after acquiring an additional 6,111 shares during the last quarter. Industrial Alliance Investment Management Inc. boosted its holdings in Village Farms International by 4.4% during the third quarter. Industrial Alliance Investment Management Inc. now owns 148,325 shares of the company's stock worth $283,000 after buying an additional 6,300 shares during the last quarter. Raymond James Trust N.A. bought a new position in Village Farms International during the first quarter worth about $53,000. ExodusPoint Capital Management LP bought a new position in Village Farms International during the second quarter worth about $30,000. Finally, Stephens Inc. AR boosted its holdings in Village Farms International by 31.0% during the second quarter. Stephens Inc. AR now owns 55,000 shares of the company's stock worth $33,000 after buying an additional 13,000 shares during the last quarter. Institutional investors own 12.15% of the company's stock.

Wall Street Analyst Weigh In

Separately, Craig Hallum upped their target price on Village Farms International from $1.00 to $1.20 and gave the company a "buy" rating in a research note on Thursday, March 14th.

Village Farms International Company Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.