Key Points
- Orville Bovenschen sold 65,200 shares of Village Farms (NASDAQ:VFF) on Dec. 1 at an average price of $3.92 for $255,584, cutting his ownership by 36.87% to 111,633 shares valued at $437,601.36.
- Village Farms beat the most recent quarter with $0.08 EPS (vs. $0.03 est.) and $66.74M revenue; the stock has a market cap of about $415.9M, a P/E of 20, and a consensus analyst rating of "Buy".
Village Farms International, Inc. (NASDAQ:VFF - Get Free Report) insider Orville Bovenschen sold 65,200 shares of the business's stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $3.92, for a total transaction of $255,584.00. Following the transaction, the insider directly owned 111,633 shares in the company, valued at $437,601.36. The trade was a 36.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Village Farms International Stock Down 0.3%
VFF stock opened at $3.60 on Thursday. The company has a 50 day moving average of $3.36 and a two-hundred day moving average of $2.34. The company has a market cap of $415.86 million, a price-to-earnings ratio of 20.00 and a beta of 1.21. Village Farms International, Inc. has a 12-month low of $0.45 and a 12-month high of $4.08. The company has a quick ratio of 2.17, a current ratio of 2.78 and a debt-to-equity ratio of 0.11.
Village Farms International (NASDAQ:VFF - Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. Village Farms International had a net margin of 7.47% and a return on equity of 1.98%. The business had revenue of $66.74 million for the quarter, compared to analysts' expectations of $58.63 million. On average, equities analysts anticipate that Village Farms International, Inc. will post -0.15 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on VFF shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Village Farms International in a research note on Thursday, October 30th. Wall Street Zen upgraded Village Farms International from a "buy" rating to a "strong-buy" rating in a report on Saturday, November 15th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy".
Get Our Latest Stock Report on VFF
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in VFF. Traynor Capital Management Inc. acquired a new stake in Village Farms International in the 3rd quarter worth approximately $31,000. Rydar Equities Inc. acquired a new position in Village Farms International during the second quarter valued at approximately $53,000. Stephens Inc. AR raised its position in shares of Village Farms International by 50.6% in the second quarter. Stephens Inc. AR now owns 59,500 shares of the company's stock valued at $65,000 after purchasing an additional 20,000 shares during the period. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Village Farms International by 38.0% in the third quarter. Vermillion & White Wealth Management Group LLC now owns 21,778 shares of the company's stock worth $68,000 after buying an additional 6,000 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Village Farms International during the 3rd quarter worth $83,000. 12.15% of the stock is owned by institutional investors.
About Village Farms International
(
Get Free Report)
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.
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