Village Super Market (NASDAQ:VLGEA) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Village Super Market, Inc. (NASDAQ:VLGEA) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.77 and traded as high as $33.70. Village Super Market shares last traded at $32.60, with a volume of 26,871 shares traded.

Village Super Market Stock Performance

The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.18. The company’s 50-day moving average is $31.07 and its two-hundred day moving average is $29.77. The company has a market capitalization of $481.18 million, a P/E ratio of 9.39 and a beta of 0.30.

Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings data on Tuesday, October 8th. The company reported $1.14 earnings per share for the quarter. The company had revenue of $578.24 million for the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%.

Insider Buying and Selling

In other Village Super Market news, Director Kevin Begley sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of $30.00, for a total value of $30,000.00. Following the completion of the sale, the director now owns 60,261 shares of the company’s stock, valued at $1,807,830. This represents a 1.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have sold 10,933 shares of company stock worth $330,872. Insiders own 56.78% of the company’s stock.

Institutional Trading of Village Super Market

Several hedge funds and other institutional investors have recently bought and sold shares of VLGEA. Wilmington Savings Fund Society FSB purchased a new stake in shares of Village Super Market during the third quarter valued at approximately $54,000. Barclays PLC boosted its stake in shares of Village Super Market by 262.3% during the third quarter. Barclays PLC now owns 11,434 shares of the company’s stock valued at $363,000 after purchasing an additional 8,278 shares during the period. Geode Capital Management LLC boosted its stake in shares of Village Super Market by 1.7% during the third quarter. Geode Capital Management LLC now owns 177,468 shares of the company’s stock valued at $5,642,000 after purchasing an additional 2,994 shares during the period. Orion Portfolio Solutions LLC boosted its stake in shares of Village Super Market by 13.8% during the third quarter. Orion Portfolio Solutions LLC now owns 36,266 shares of the company’s stock valued at $1,153,000 after purchasing an additional 4,392 shares during the period. Finally, State Street Corp boosted its stake in shares of Village Super Market by 1.1% during the third quarter. State Street Corp now owns 200,112 shares of the company’s stock valued at $6,362,000 after purchasing an additional 2,139 shares during the period. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Village Super Market Company Profile

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.