Christopher Woodward Purchases 10,000 Shares of Village Farms International (NASDAQ:VFF) Stock

Village Farms International, Inc. (NASDAQ:VFF) Director Christopher Woodward purchased 10,000 shares of Village Farms International stock in a transaction that occurred on Tuesday, September 22nd. The shares were bought at an average price of $3.06 per share, with a total value of $30,600.00. Following the transaction, the director owned 171,526 shares of the company’s stock, valued at $524,869.56. This trade represents a 6.19% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Village Farms International Stock Performance

VFF stock traded up $0.10 during mid-day trading on Tuesday, hitting $2.98. The company had a trading volume of 1,438,281 shares, compared to its average volume of 1,078,376. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 3.17. The firm has a market cap of $364.42 million, a PE ratio of 17.53 and a beta of 1.38. Village Farms International, Inc. has a 12 month low of $1.80 and a 12 month high of $4.99. The stock’s fifty day moving average price is $2.47 and its two-hundred day moving average price is $2.52.

Village Farms International (NASDAQ:VFF) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. The company had revenue of $63.98 million during the quarter, compared to analyst estimates of $56.30 million. Village Farms International had a net margin of 9.85% and a return on equity of 7.62%. On average, analysts forecast that Village Farms International, Inc. will post 0.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VFF. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Village Farms International in a research report on Friday, August 14th. Zacks Research upgraded Village Farms International from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Village Farms International in the fourth quarter worth about $27,000. Hsbc Holdings PLC purchased a new stake in Village Farms International in the 1st quarter worth approximately $48,000. Cetera Investment Advisers boosted its holdings in Village Farms International by 37.9% in the 1st quarter. Cetera Investment Advisers now owns 47,282 shares of the company’s stock valued at $134,000 after purchasing an additional 13,000 shares during the period. Alpine Global Management LLC bought a new position in Village Farms International in the 4th quarter valued at $191,000. Finally, Headlands Technologies LLC grew its position in shares of Village Farms International by 247.4% during the 2nd quarter. Headlands Technologies LLC now owns 85,054 shares of the company’s stock valued at $170,000 after purchasing an additional 60,574 shares in the last quarter. Institutional investors own 12.15% of the company’s stock.

Village Farms International Company Profile

Village Farms International, Inc is a vertically integrated agriculture company that grows, markets and distributes fresh produce and cannabis products. Its produce business focuses primarily on greenhouse-grown tomatoes, cucumbers and bell peppers, which are sold through retail and foodservice channels under the Village Farms and other brands.

The company operates greenhouse facilities and sources products across North America, serving major grocery retailers and other customers in the United States and Canada.