Insider Buying: Village Farms International, Inc. (NASDAQ:VFF) CFO Acquires $18,400.00 in Stock

Village Farms International, Inc. (NASDAQ:VFF) CFO Stephen C. Ruffini purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The stock was bought at an average cost of $0.92 per share, with a total value of $18,400.00. Following the purchase, the chief financial officer now owns 659,200 shares of the company’s stock, valued at approximately $606,464. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Village Farms International Stock Performance

NASDAQ:VFF opened at $0.91 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.97. Village Farms International, Inc. has a fifty-two week low of $0.58 and a fifty-two week high of $1.62. The company has a 50 day simple moving average of $1.03 and a two-hundred day simple moving average of $1.11. The company has a market capitalization of $100.76 million, a PE ratio of -3.62 and a beta of 2.21.

Village Farms International (NASDAQ:VFF) last announced its earnings results on Thursday, August 8th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07). The firm had revenue of $92.18 million for the quarter, compared to the consensus estimate of $84.32 million. Village Farms International had a negative return on equity of 8.10% and a negative net margin of 15.98%. Research analysts anticipate that Village Farms International, Inc. will post -0.18 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Certified Advisory Corp boosted its stake in Village Farms International by 56.1% during the second quarter. Certified Advisory Corp now owns 41,750 shares of the company’s stock worth $43,000 after acquiring an additional 15,000 shares in the last quarter. Virtu Financial LLC boosted its position in shares of Village Farms International by 182.4% during the 1st quarter. Virtu Financial LLC now owns 63,184 shares of the company’s stock worth $78,000 after purchasing an additional 40,811 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Village Farms International in the 1st quarter valued at about $80,000. The Manufacturers Life Insurance Company bought a new stake in Village Farms International in the 2nd quarter valued at about $449,000. Finally, Baader Bank Aktiengesellschaft raised its stake in Village Farms International by 23.1% during the 2nd quarter. Baader Bank Aktiengesellschaft now owns 455,559 shares of the company’s stock worth $464,000 after buying an additional 85,559 shares during the period. 12.15% of the stock is owned by institutional investors and hedge funds.

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.