Village Farms International, Inc. (NASDAQ:VFF) CEO Sells $122,652.09 in Stock

Village Farms International, Inc. (NASDAQ:VFF) CEO Michael A. Degiglio sold 123,891 shares of the business’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $0.99, for a total value of $122,652.09. Following the sale, the chief executive officer now directly owns 9,549,348 shares of the company’s stock, valued at $9,453,854.52. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Village Farms International Stock Down 13.3 %

Shares of NASDAQ:VFF opened at $0.85 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.97 and a quick ratio of 1.10. The stock has a market cap of $94.97 million, a price-to-earnings ratio of -3.40 and a beta of 2.21. The company has a 50 day moving average of $1.04 and a 200-day moving average of $1.10. Village Farms International, Inc. has a one year low of $0.58 and a one year high of $1.62.

Village Farms International (NASDAQ:VFF) last released 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). The business had revenue of $92.18 million for the quarter, compared to analyst estimates of $84.32 million. Village Farms International had a negative return on equity of 8.10% and a negative net margin of 15.98%. On average, sell-side analysts forecast that Village Farms International, Inc. will post -0.18 earnings per share for the current year.

Institutional Investors Weigh In On Village Farms International

Institutional investors have recently made changes to their positions in the stock. GSA Capital Partners LLP grew its holdings in Village Farms International by 119.2% during the first quarter. GSA Capital Partners LLP now owns 513,739 shares of the company’s stock valued at $637,000 after purchasing an additional 279,370 shares during the period. Tidal Investments LLC bought a new position in shares of Village Farms International during the first quarter worth $3,145,000. Concurrent Investment Advisors LLC acquired a new position in shares of Village Farms International in the 1st quarter valued at $80,000. Key Client Fiduciary Advisors LLC increased its position in shares of Village Farms International by 3.4% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 637,512 shares of the company’s stock valued at $650,000 after buying an additional 20,767 shares in the last quarter. Finally, Virtu Financial LLC raised its stake in Village Farms International by 182.4% during the 1st quarter. Virtu Financial LLC now owns 63,184 shares of the company’s stock worth $78,000 after buying an additional 40,811 shares during the period. 12.15% of the stock is owned by institutional investors and hedge funds.

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.