Michael A. Degiglio Sells 223,424 Shares of Village Farms International, Inc. (NASDAQ:VFF) Stock

Village Farms International, Inc. (NASDAQ:VFF) CEO Michael A. Degiglio sold 223,424 shares of the business’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $1.01, for a total transaction of $225,658.24. Following the completion of the transaction, the chief executive officer now owns 9,734,703 shares of the company’s stock, valued at approximately $9,832,050.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Village Farms International Stock Up 1.0 %

Shares of NASDAQ:VFF traded up $0.01 during trading on Wednesday, hitting $1.00. The company’s stock had a trading volume of 143,714 shares, compared to its average volume of 657,853. The business has a 50 day moving average price of $1.05 and a two-hundred day moving average price of $1.09. The company has a market capitalization of $111.73 million, a PE ratio of -4.00 and a beta of 2.21. 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.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.07). The business had revenue of $92.18 million during the quarter, compared to analyst estimates of $84.32 million. Village Farms International had a negative return on equity of 8.10% and a negative net margin of 15.98%. As a group, research analysts expect that Village Farms International, Inc. will post -0.18 EPS for the current fiscal year.

Hedge Funds Weigh In On Village Farms International

Several institutional investors have recently modified their holdings of the business. Certified Advisory Corp grew its stake in shares of Village Farms International by 56.1% in 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. Key Client Fiduciary Advisors LLC lifted its position in shares of Village Farms International by 3.4% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 637,512 shares of the company’s stock worth $650,000 after purchasing an additional 20,767 shares during the last quarter. Virtu Financial LLC lifted 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 during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of Village Farms International by 73.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 111,327 shares of the company’s stock worth $114,000 after purchasing an additional 47,075 shares during the last quarter. Finally, Perkins Capital Management Inc. lifted its position in shares of Village Farms International by 5.2% during the 1st quarter. Perkins Capital Management Inc. now owns 1,113,000 shares of the company’s stock worth $1,380,000 after purchasing an additional 55,000 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.