Squarepoint Ops LLC Lowers Holdings in Village Farms International, Inc. (NASDAQ:VFF)

Squarepoint Ops LLC reduced its stake in shares of Village Farms International, Inc. (NASDAQ:VFF) by 34.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 197,608 shares of the company’s stock after selling 105,546 shares during the quarter. Squarepoint Ops LLC owned 0.18% of Village Farms International worth $202,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Key Client Fiduciary Advisors LLC raised its position in shares of Village Farms International by 13.0% in the first quarter. Key Client Fiduciary Advisors LLC now owns 616,745 shares of the company’s stock worth $765,000 after acquiring an additional 71,040 shares during the period. GSA Capital Partners LLP raised its holdings in Village Farms International by 119.2% in the 1st quarter. GSA Capital Partners LLP now owns 513,739 shares of the company’s stock worth $637,000 after purchasing an additional 279,370 shares during the period. Concurrent Investment Advisors LLC purchased a new position in Village Farms International during the first quarter worth approximately $80,000. Perkins Capital Management Inc. grew its holdings in Village Farms International by 5.2% in the first quarter. Perkins Capital Management Inc. now owns 1,113,000 shares of the company’s stock valued at $1,380,000 after purchasing an additional 55,000 shares during the period. Finally, Tidal Investments LLC purchased a new stake in shares of Village Farms International in the first quarter valued at approximately $3,145,000. 12.15% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Village Farms International

In other news, CEO Michael A. Degiglio sold 223,424 shares of Village Farms International stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $1.01, for a total value of $225,658.24. Following the sale, the chief executive officer now directly owns 9,734,703 shares of the company’s stock, valued at $9,832,050.03. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Michael A. Degiglio sold 123,891 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $0.99, for a total transaction of $122,652.09. Following the completion of the sale, the chief executive officer now owns 9,549,348 shares of the company’s stock, valued at approximately $9,453,854.52. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael A. Degiglio sold 223,424 shares of the stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $1.01, for a total transaction of $225,658.24. Following the completion of the sale, the chief executive officer now owns 9,734,703 shares of the company’s stock, valued at approximately $9,832,050.03. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 364,894 shares of company stock valued at $365,889. 11.50% of the stock is owned by corporate insiders.

Village Farms International Trading Up 5.2 %

Shares of NASDAQ:VFF opened at $0.92 on Friday. The business’s 50 day moving average price is $0.98 and its 200-day moving average price is $1.11. Village Farms International, Inc. has a 1 year low of $0.58 and a 1 year high of $1.62. The firm has a market capitalization of $102.28 million, a price-to-earnings ratio of -3.68 and a beta of 2.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.97 and a quick ratio of 1.10.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $92.18 million for the quarter, compared to analysts’ expectations of $84.32 million. On average, equities research analysts forecast that Village Farms International, Inc. will post -0.18 earnings per share for the current fiscal year.

Village Farms International 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.