Insider Selling: Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Insider Sells 2,000 Shares of Stock

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) insider Lark Isely sold 2,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $44.26, for a total value of $88,520.00. Following the completion of the transaction, the insider now owns 6,682 shares of the company’s stock, valued at approximately $295,745.32. This represents a 23.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Natural Grocers by Vitamin Cottage Trading Down 0.2%

NGVC opened at $41.59 on Friday. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $20.00 and a 12 month high of $61.22. The stock has a 50-day moving average of $48.06 and a 200 day moving average of $44.05. The firm has a market cap of $953.70 million, a P/E ratio of 26.49 and a beta of 1.51. The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, May 8th. The specialty retailer reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.14. The firm had revenue of $335.77 million for the quarter, compared to analysts’ expectations of $329.66 million. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. As a group, research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Tuesday, May 27th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.15%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is 26.97%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. McIlrath & Eck LLC grew its stake in Natural Grocers by Vitamin Cottage by 86.2% in the first quarter. McIlrath & Eck LLC now owns 661 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 306 shares in the last quarter. Golden State Wealth Management LLC bought a new position in Natural Grocers by Vitamin Cottage in the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. bought a new position in Natural Grocers by Vitamin Cottage in the fourth quarter worth approximately $28,000. Human Investing LLC bought a new position in Natural Grocers by Vitamin Cottage in the fourth quarter worth approximately $40,000. Finally, CWM LLC grew its stake in Natural Grocers by Vitamin Cottage by 167.8% in the first quarter. CWM LLC now owns 1,291 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 809 shares in the last quarter. Institutional investors own 31.99% of the company’s stock.

About Natural Grocers by Vitamin Cottage

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company’s stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.