Michael A. Degiglio Sells 123,891 Shares of Village Farms International, Inc. (NASDAQ:VFF) Stock

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

Village Farms International Trading Down 1.4 %

VFF traded down $0.01 on Wednesday, hitting $0.98. The company had a trading volume of 250,348 shares, compared to its average volume of 647,005. The company’s fifty day moving average price is $1.05 and its 200 day moving average price is $1.10. Village Farms International, Inc. has a 1 year low of $0.58 and a 1 year high of $1.62. The company has a current ratio of 1.97, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. The firm has a market cap of $109.06 million, a P/E ratio of -3.92 and a beta of 2.21.

Village Farms International (NASDAQ:VFF) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $84.32 million. As a group, equities analysts expect that Village Farms International, Inc. will post -0.18 earnings per share for the current year.

Institutional Trading of Village Farms International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Certified Advisory Corp boosted its position in shares of Village Farms International by 56.1% during the second quarter. Certified Advisory Corp now owns 41,750 shares of the company’s stock worth $43,000 after buying an additional 15,000 shares during the period. Virtu Financial LLC lifted 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 acquiring an additional 40,811 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in Village Farms International during the 1st quarter valued at about $80,000. The Manufacturers Life Insurance Company purchased a new position in Village Farms International during the 2nd quarter valued at about $449,000. Finally, Baader Bank Aktiengesellschaft grew its position in Village Farms International by 23.1% in the 2nd quarter. Baader Bank Aktiengesellschaft now owns 455,559 shares of the company’s stock valued at $464,000 after acquiring an additional 85,559 shares in the last quarter. Hedge funds and other institutional investors own 12.15% of the company’s stock.

About Village Farms International

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.