Village Farms International, Inc. (NASDAQ:VFF) CEO Michael A. Degiglio Sells 123,891 Shares

Village Farms International, Inc. (NASDAQ:VFF) CEO Michael A. Degiglio sold 123,891 shares of the stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $0.99, for a total transaction of $122,652.09. Following the transaction, the chief executive officer now directly owns 9,549,348 shares in the company, valued at $9,453,854.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Village Farms International Price Performance

Shares of VFF traded down $0.01 during mid-day trading on Wednesday, hitting $0.98. 250,348 shares of the company were exchanged, compared to its average volume of 647,005. The stock has a market cap of $109.06 million, a price-to-earnings ratio of -3.92 and a beta of 2.21. Village Farms International, Inc. has a 1-year low of $0.58 and a 1-year high of $1.62. The company has a 50 day moving average of $1.05 and a 200-day moving average of $1.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.97.

Village Farms International (NASDAQ:VFF) last issued its earnings results on Thursday, August 8th. The company reported ($0.10) EPS 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. Analysts expect that Village Farms International, Inc. will post -0.18 EPS for the current fiscal year.

Institutional Trading of Village Farms International

Large investors have recently added to or reduced their stakes in the stock. Certified Advisory Corp raised its holdings in shares of Village Farms International by 56.1% during the 2nd quarter. Certified Advisory Corp now owns 41,750 shares of the company’s stock worth $43,000 after acquiring an additional 15,000 shares during the period. Virtu Financial LLC increased its position in Village Farms International by 182.4% during the first quarter. Virtu Financial LLC now owns 63,184 shares of the company’s stock worth $78,000 after purchasing an additional 40,811 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in Village Farms International during the first quarter worth about $80,000. The Manufacturers Life Insurance Company acquired a new position in Village Farms International in the 2nd quarter valued at about $449,000. Finally, Baader Bank Aktiengesellschaft grew its stake in shares of Village Farms International by 23.1% in the 2nd quarter. Baader Bank Aktiengesellschaft now owns 455,559 shares of the company’s stock valued at $464,000 after buying an additional 85,559 shares during the period. 12.15% of the stock is currently owned by hedge funds and other institutional investors.

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.