Insider Selling: Village Farms International, Inc. (NASDAQ:VFF) CEO Sells $225,658.24 in Stock

Village Farms International, Inc. (NASDAQ:VFF) CEO Michael A. Degiglio sold 223,424 shares of Village Farms International stock in a transaction on Monday, September 9th. The shares were sold at an average price of $1.01, for a total value of $225,658.24. Following the transaction, the chief executive officer now owns 9,734,703 shares in the company, valued at $9,832,050.03. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Village Farms International Trading Up 1.9 %

Shares of Village Farms International stock opened at $1.00 on Friday. The business has a fifty day simple moving average of $1.05 and a 200-day simple moving average of $1.09. Village Farms International, Inc. has a fifty-two week low of $0.58 and a fifty-two week high of $1.62. The firm has a market cap of $111.62 million, a price-to-earnings ratio of -4.00 and a beta of 2.21. The company has a quick ratio of 1.10, a current ratio of 1.97 and a debt-to-equity ratio of 0.13.

Village Farms International (NASDAQ:VFF) last issued its quarterly 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). Village Farms International had a negative net margin of 15.98% and a negative return on equity of 8.10%. The business had revenue of $92.18 million during the quarter, compared to analyst estimates of $84.32 million. On average, equities analysts forecast that Village Farms International, Inc. will post -0.18 EPS for the current fiscal year.

Institutional Trading of Village Farms International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tidal Investments LLC bought a new position in shares of Village Farms International in the first quarter valued at $3,145,000. Renaissance Technologies LLC boosted its holdings in shares of Village Farms International by 125.9% in the second quarter. Renaissance Technologies LLC now owns 1,374,771 shares of the company’s stock worth $1,402,000 after buying an additional 766,205 shares during the period. Perkins Capital Management Inc. increased its position in shares of Village Farms International by 5.2% in the first quarter. Perkins Capital Management Inc. now owns 1,113,000 shares of the company’s stock worth $1,380,000 after acquiring an additional 55,000 shares in the last quarter. Key Client Fiduciary Advisors LLC raised its holdings in shares of Village Farms International by 3.4% during the second quarter. Key Client Fiduciary Advisors LLC now owns 637,512 shares of the company’s stock valued at $650,000 after acquiring an additional 20,767 shares during the period. Finally, GSA Capital Partners LLP lifted its position in shares of Village Farms International by 119.2% in the 1st quarter. GSA Capital Partners LLP now owns 513,739 shares of the company’s stock valued at $637,000 after acquiring an additional 279,370 shares in the last quarter. 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.