Village Farms International (NASDAQ:VFF) Insider Orville Bovenschen Sells 61,586 Shares of Stock

Village Farms International, Inc. (NASDAQ:VFF) insider Orville Bovenschen sold 61,586 shares of Village Farms International stock in a transaction on Monday, December 8th. The stock was sold at an average price of $3.30, for a total transaction of $203,233.80. Following the sale, the insider directly owned 50,000 shares in the company, valued at $165,000. This trade represents a 55.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Orville Bovenschen also recently made the following trade(s):

• On Monday, December 1st, Orville Bovenschen sold 65,200 shares of Village Farms International stock. The shares were sold at an average price of $3.92, for a total value of $255,584.00.

Village Farms International Stock Down 1.1%

Shares of NASDAQ VFF opened at $3.51 on Thursday. The firm has a market cap of $405.48 million, a price-to-earnings ratio of 19.36 and a beta of 1.21. Village Farms International, Inc. has a 1 year low of $0.45 and a 1 year high of $4.08. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.17 and a current ratio of 2.78. The stock’s 50-day simple moving average is $3.41 and its 200-day simple moving average is $2.42.

Village Farms International (NASDAQ:VFF) last announced its earnings results on Monday, November 10th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Village Farms International had a return on equity of 1.98% and a net margin of 7.47%.The company had revenue of $66.74 million for the quarter, compared to analyst estimates of $58.63 million. As a group, equities analysts anticipate that Village Farms International, Inc. will post -0.15 earnings per share for the current fiscal year.

Institutional Trading of Village Farms International

A number of large investors have recently modified their holdings of VFF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Village Farms International by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock valued at $446,000 after purchasing an additional 35,913 shares during the period. Key Client Fiduciary Advisors LLC boosted its position in shares of Village Farms International by 1.7% during the second quarter. Key Client Fiduciary Advisors LLC now owns 687,285 shares of the company’s stock worth $756,000 after buying an additional 11,320 shares during the period. Stephens Inc. AR grew its holdings in Village Farms International by 50.6% in the 2nd quarter. Stephens Inc. AR now owns 59,500 shares of the company’s stock worth $65,000 after buying an additional 20,000 shares in the last quarter. AdvisorShares Investments LLC increased its position in Village Farms International by 0.8% in the 2nd quarter. AdvisorShares Investments LLC now owns 3,368,688 shares of the company’s stock valued at $3,706,000 after acquiring an additional 25,880 shares during the period. Finally, iA Global Asset Management Inc. bought a new stake in Village Farms International during the 2nd quarter valued at $440,000. Institutional investors and hedge funds own 12.15% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on VFF. Zacks Research raised shares of Village Farms International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Wall Street Zen upgraded Village Farms International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Village Farms International in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.

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.