Village Super Market (NASDAQ:VLGEA) Sees Strong Trading Volume - Should You Buy?

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 87,976 shares changed hands during mid-day trading, an increase of 165% from the previous session's volume of 33,146 shares.The stock last traded at $38.53 and had previously closed at $38.69.

Village Super Market Trading Up 0.3%

The stock has a 50-day simple moving average of $37.11 and a two-hundred day simple moving average of $34.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.78 and a current ratio of 1.06. The firm has a market cap of $569.29 million, a PE ratio of 10.18 and a beta of 0.50.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last issued its earnings results on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. The business had revenue of $563.67 million during the quarter. Village Super Market had a return on equity of 12.55% and a net margin of 2.45%.

Village Super Market Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, July 3rd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.59%. Village Super Market's dividend payout ratio (DPR) is presently 26.39%.

Insider Activity at Village Super Market

In other Village Super Market news, Director Kevin Begley sold 3,000 shares of the company's stock in a transaction on Friday, April 25th. The stock was sold at an average price of $35.19, for a total value of $105,570.00. Following the transaction, the director now owns 43,961 shares of the company's stock, valued at $1,546,987.59. This represents a 6.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Robert Sumas sold 1,500 shares of the firm's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $35.81, for a total value of $53,715.00. Following the transaction, the insider now owns 87,931 shares in the company, valued at approximately $3,148,809.11. This represents a 1.68% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,843 shares of company stock worth $320,011. 56.78% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Rhumbline Advisers boosted its stake in shares of Village Super Market by 8.2% in 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 last quarter. SBI Securities Co. Ltd. purchased a new position in Village Super Market during the 4th quarter valued at about $78,000. American Century Companies Inc. boosted its holdings in Village Super Market by 17.7% during the 4th quarter. American Century Companies Inc. now owns 264,087 shares of the company's stock valued at $8,422,000 after acquiring an additional 39,694 shares during the period. Segall Bryant & Hamill LLC boosted its holdings in Village Super Market by 87.9% during the 4th quarter. Segall Bryant & Hamill LLC now owns 76,373 shares of the company's stock valued at $2,436,000 after acquiring an additional 35,718 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Village Super Market by 231.2% in the 4th quarter. JPMorgan Chase & Co. now owns 23,680 shares of the company's stock valued at $755,000 after buying an additional 16,531 shares during the period. 39.02% of the stock is currently owned by hedge funds and other institutional investors.

About Village Super Market

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.