Key Points
- Insider Orville Bovenschen sold 61,586 shares on December 8 at an average price of $3.30 for $203,233.80 (after also selling 65,200 shares on December 1 at $3.92), reducing his ownership by 55.19% to 50,000 shares.
- Village Farms is trading around $3.51 with a market cap of about $405.5M and a 12‑month range of $0.45–$4.08; the company reported Q3 EPS of $0.08 and revenue of $66.74M, both above analysts' estimates.
- Analysts have recently moved ratings higher (Zacks and Wall Street Zen to strong-buy), giving the stock an average "Buy" rating, while institutions like Millennium and Two Sigma materially increased their stakes.
Village Farms International, Inc. (NASDAQ:VFF - Get Free Report) insider Orville Bovenschen sold 61,586 shares of the firm's stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $3.30, for a total transaction of $203,233.80. Following the sale, the insider owned 50,000 shares of the company's stock, valued at $165,000. The trade was a 55.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Orville Bovenschen also recently made the following trade(s):
- On Monday, December 1st, Orville Bovenschen sold 65,200 shares of Village Farms International stock. The stock was sold at an average price of $3.92, for a total value of $255,584.00.
Village Farms International Trading Down 1.1%
Shares of NASDAQ VFF opened at $3.51 on Thursday. 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, Inc. has a 12 month low of $0.45 and a 12 month high of $4.08. The company has a market cap of $405.48 million, a price-to-earnings ratio of 19.36 and a beta of 1.21. The business has a fifty day simple moving average of $3.41 and a 200-day simple moving average of $2.42.
Village Farms International (NASDAQ:VFF - Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. The business had revenue of $66.74 million for the quarter, compared to analyst estimates of $58.63 million. Village Farms International had a net margin of 7.47% and a return on equity of 1.98%. Sell-side analysts predict that Village Farms International, Inc. will post -0.15 EPS for the current year.
Analyst Ratings Changes
Several analysts have recently commented on the company. Zacks Research raised Village Farms International from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 11th. Weiss Ratings restated a "hold (c)" rating on shares of Village Farms International in a research report on Thursday, October 30th. Finally, Wall Street Zen raised Village Farms International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, November 15th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Village Farms International currently has an average rating of "Buy".
Check Out Our Latest Research Report on Village Farms International
Institutional Trading of Village Farms International
A number of institutional investors have recently added to or reduced their stakes in VFF. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Village Farms International by 38.0% during the 3rd quarter. Vermillion & White Wealth Management Group LLC now owns 21,778 shares of the company's stock valued at $68,000 after purchasing an additional 6,000 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of Village Farms International in the 3rd quarter valued at approximately $83,000. Millennium Management LLC boosted its position in Village Farms International by 2,050.2% during the third quarter. Millennium Management LLC now owns 1,005,263 shares of the company's stock worth $3,146,000 after purchasing an additional 958,511 shares during the period. Centiva Capital LP acquired a new position in Village Farms International during the third quarter valued at approximately $168,000. Finally, Two Sigma Investments LP raised its position in shares of Village Farms International by 187.2% in the third quarter. Two Sigma Investments LP now owns 1,724,648 shares of the company's stock valued at $5,398,000 after purchasing an additional 1,124,085 shares during the period. 12.15% of the stock is currently owned by institutional investors and hedge funds.
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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