Insider Buying: Village Farms International, Inc. (NASDAQ:VFF) CFO Acquires 25,000 Shares of Stock

Village Farms International, Inc. (NASDAQ:VFF - Get Free Report) CFO Stephen C. Ruffini acquired 25,000 shares of the firm's stock in a transaction on Friday, May 30th. The stock was purchased at an average cost of $1.21 per share, with a total value of $30,250.00. Following the purchase, the chief financial officer now owns 9,783,127 shares of the company's stock, valued at $11,837,583.67. The trade was a 0.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Village Farms International Stock Down 0.8%

Village Farms International stock traded down $0.01 during midday trading on Thursday, hitting $1.25. 314,866 shares of the company's stock were exchanged, compared to its average volume of 667,704. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.09 and a current ratio of 2.05. The company has a market cap of $140.42 million, a PE ratio of -2.78 and a beta of 2.17. The firm has a 50-day moving average of $0.79 and a two-hundred day moving average of $0.77. Village Farms International, Inc. has a 12 month low of $0.45 and a 12 month high of $1.32.

Village Farms International (NASDAQ:VFF - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05). The company had revenue of $77.07 million for the quarter, compared to the consensus estimate of $78.44 million. Village Farms International had a negative net margin of 15.16% and a negative return on equity of 8.26%. As a group, analysts expect that Village Farms International, Inc. will post -0.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on VFF. Wall Street Zen downgraded shares of Village Farms International from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Alliance Global Partners reissued a "buy" rating on shares of Village Farms International in a research note on Tuesday, May 13th.

Institutional Investors Weigh In On Village Farms International

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of Village Farms International during the fourth quarter worth about $146,000. Renaissance Technologies LLC boosted its holdings in Village Farms International by 7.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,190,633 shares of the company's stock valued at $918,000 after purchasing an additional 80,567 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Village Farms International during the 4th quarter worth approximately $146,000. AdvisorShares Investments LLC raised its position in shares of Village Farms International by 0.6% during the 4th quarter. AdvisorShares Investments LLC now owns 3,342,808 shares of the company's stock valued at $2,577,000 after buying an additional 19,410 shares during the period. Finally, Two Sigma Advisers LP lifted its holdings in Village Farms International by 625.6% in the fourth quarter. Two Sigma Advisers LP now owns 193,000 shares of the company's stock valued at $149,000 after acquiring an additional 166,400 shares during the last quarter. Institutional investors and hedge funds own 12.15% of the company's stock.

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.