Village Super Market (NASDAQ:VLGEA) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Shares of Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $37.38 and traded as high as $43.38. Village Super Market shares last traded at $43.09, with a volume of 43,792 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on VLGEA shares. Wall Street Zen raised Village Super Market from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 7th. Weiss Ratings reiterated a "buy (b)" rating on shares of Village Super Market in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy".

Village Super Market Stock Up 1.8%

The company has a current ratio of 1.23, a quick ratio of 0.99 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $635.58 million, a P/E ratio of 11.28 and a beta of 0.44. The stock's 50-day simple moving average is $41.63 and its 200-day simple moving average is $37.38.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last announced its earnings results on Wednesday, March 4th. The company reported $1.21 earnings per share for the quarter. The firm had revenue of $640.96 million for the quarter. Village Super Market had a return on equity of 11.52% and a net margin of 2.37%.

Village Super Market Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Thursday, April 2nd were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $1.00 annualized dividend and a yield of 2.3%. Village Super Market's payout ratio is currently 26.18%.

Insider Buying and Selling at Village Super Market

In related news, CFO Orden John L. Van sold 8,000 shares of the stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $43.88, for a total transaction of $351,040.00. Following the completion of the transaction, the chief financial officer owned 32,023 shares in the company, valued at approximately $1,405,169.24. This represents a 19.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John James Sumas sold 12,702 shares of Village Super Market stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $43.16, for a total transaction of $548,218.32. Following the completion of the sale, the chief executive officer directly owned 36,050 shares in the company, valued at approximately $1,555,918. This represents a 26.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 33,405 shares of company stock worth $1,423,892 in the last quarter. 59.12% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Village Super Market

Large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC lifted its stake in Village Super Market by 121.9% in the fourth quarter. Farther Finance Advisors LLC now owns 932 shares of the company's stock valued at $33,000 after purchasing an additional 512 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its position in Village Super Market by 60.6% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company's stock worth $42,000 after buying an additional 451 shares during the last quarter. State of Alaska Department of Revenue increased its position in Village Super Market by 319.0% in the fourth quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company's stock worth $61,000 after buying an additional 1,340 shares during the last quarter. State of Wyoming bought a new stake in shares of Village Super Market in the third quarter valued at $64,000. Finally, Morton Brown Family Wealth LLC bought a new stake in shares of Village Super Market in the first quarter valued at $77,000. Hedge funds and other institutional investors own 39.02% of the company's stock.

Village Super Market Company Profile

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company's supermarkets feature an array of in-store services designed to meet diverse customer needs.

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