Willamette Valley Vineyards (NASDAQ:WVVI) CFO John Walter Hazlett Buys 7,996 Shares of Company Stock

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) CFO John Walter Hazlett purchased 7,996 shares of Willamette Valley Vineyards stock in a transaction dated Friday, October 9th. The stock was bought at an average cost of $2.01 per share, with a total value of $16,071.96. Following the completion of the transaction, the chief financial officer directly owned 7,996 shares of the company’s stock, valued at $16,071.96. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

John Walter Hazlett also recently made the following trade(s):

• On Monday, October 12th, John Walter Hazlett purchased 2,004 shares of Willamette Valley Vineyards stock. The shares were bought at an average price of $2.05 per share, with a total value of $4,108.20.

Willamette Valley Vineyards Price Performance

Shares of WVVI opened at $2.10 on Wednesday. The company’s 50 day moving average price is $2.11 and its 200 day moving average price is $2.49. Willamette Valley Vineyards, Inc. has a 52 week low of $1.65 and a 52 week high of $4.00. The company has a quick ratio of 0.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.58.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.40) earnings per share for the quarter. Willamette Valley Vineyards had a negative net margin of 5.93% and a negative return on equity of 10.31%. The company had revenue of $10.04 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Willamette Valley Vineyards in a research note on Monday, September 21st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Willamette Valley Vineyards

An institutional investor recently bought a new position in Willamette Valley Vineyards stock. EP Wealth Advisors LLC acquired a new stake in shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,168 shares of the company’s stock, valued at approximately $41,000. EP Wealth Advisors LLC owned approximately 0.32% of Willamette Valley Vineyards as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 12.24% of the company’s stock.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc is an Oregon-based wine producer and vineyard operator founded in 1983 by Jim Bernau. The company focuses on wines made from grapes grown in Oregon’s Willamette Valley, a region known particularly for Pinot Noir. Its portfolio also includes varieties such as Pinot Gris, Chardonnay, Riesling and other wines produced under its family of brands.

The company operates vineyards, wineries and tasting-room facilities in Oregon and sells its products through tasting rooms, direct-to-consumer channels, wine clubs, online sales and wholesale distribution.