Key Points
- CFO John Walter Hazlett bought 7,996 WVVI shares at an average price of $2.01, worth approximately $16,072, and later acquired an additional 2,004 shares for about $4,108.
- Willamette Valley Vineyards reported a quarterly loss of $0.40 per share on $10.04 million in revenue, with negative net margin and return on equity.
- Analyst sentiment remains bearish: Weiss Ratings reiterated a “sell” rating, while institutional investors owned 12.24% of the company’s stock.
Willamette Valley Vineyards, Inc. (NASDAQ:WVVI - Get Free Report) CFO John Walter Hazlett purchased 7,996 shares of the business's stock in a transaction dated Friday, October 9th. The shares were acquired at an average price of $2.01 per share, for a total transaction of $16,071.96. Following the acquisition, the chief financial officer directly owned 7,996 shares in the company, valued at $16,071.96. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
John Walter Hazlett also recently made the following trade(s):
- On Monday, October 12th, John Walter Hazlett acquired 2,004 shares of Willamette Valley Vineyards stock. The stock was acquired at an average price of $2.05 per share, with a total value of $4,108.20.
Willamette Valley Vineyards Price Performance
Shares of NASDAQ:WVVI opened at $2.10 on Wednesday. The company has a current ratio of 2.92, a quick ratio of 0.36 and a debt-to-equity ratio of 0.58. Willamette Valley Vineyards, Inc. has a 1 year low of $1.65 and a 1 year high of $4.00. The firm has a fifty day moving average price of $2.11 and a 200 day moving average price of $2.49.
Willamette Valley Vineyards (NASDAQ:WVVI - Get Free Report) last posted its earnings results 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 for the quarter.
Hedge Funds Weigh In On Willamette Valley Vineyards
An institutional investor recently bought a new stake in Willamette Valley Vineyards stock. EP Wealth Advisors LLC acquired a new position in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,168 shares of the company's stock, valued at approximately $41,000. EP Wealth Advisors LLC owned about 0.32% of Willamette Valley Vineyards at the end of the most recent quarter. 12.24% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a "sell (d)" rating on shares of Willamette Valley Vineyards in a report on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Sell".
Check Out Our Latest Stock Report on WVVI
About Willamette Valley Vineyards
(
Get Free Report)
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.
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