Insider Buying: Village Farms International (NASDAQ:VFF) Director Purchases $30,600.00 in Stock

Village Farms International, Inc. (NASDAQ:VFF) Director Christopher Woodward purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, September 22nd. The shares were acquired at an average price of $3.06 per share, with a total value of $30,600.00. Following the transaction, the director owned 171,526 shares in the company, valued at approximately $524,869.56. The trade was a 6.19% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Village Farms International Price Performance

Shares of VFF stock traded up $0.10 during trading on Tuesday, hitting $2.98. The company had a trading volume of 1,438,281 shares, compared to its average volume of 1,078,376. The stock’s 50-day moving average is $2.47 and its two-hundred day moving average is $2.52. The stock has a market capitalization of $364.42 million, a price-to-earnings ratio of 17.53 and a beta of 1.38. The company has a quick ratio of 2.25, a current ratio of 3.17 and a debt-to-equity ratio of 0.13. Village Farms International, Inc. has a 52 week low of $1.80 and a 52 week high of $4.99.

Village Farms International (NASDAQ:VFF) last released its quarterly earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $63.98 million during the quarter, compared to analysts’ expectations of $56.30 million. Village Farms International had a net margin of 9.85% and a return on equity of 7.62%. As a group, analysts predict that Village Farms International, Inc. will post 0.17 EPS for the current fiscal year.

Hedge Funds Weigh In On Village Farms International

A number of institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in Village Farms International during the 4th quarter valued at approximately $27,000. Hsbc Holdings PLC bought a new position in shares of Village Farms International during the first quarter valued at $48,000. Cetera Investment Advisers increased its holdings in shares of Village Farms International by 37.9% during the first quarter. Cetera Investment Advisers now owns 47,282 shares of the company’s stock valued at $134,000 after acquiring an additional 13,000 shares in the last quarter. Alpine Global Management LLC purchased a new position in shares of Village Farms International in the 4th quarter worth about $191,000. Finally, Headlands Technologies LLC boosted its stake in Village Farms International by 247.4% in the 2nd quarter. Headlands Technologies LLC now owns 85,054 shares of the company’s stock worth $170,000 after purchasing an additional 60,574 shares in the last quarter. Institutional investors own 12.15% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on VFF shares. Zacks Research raised Village Farms International from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings restated a “hold (c)” rating on shares of Village Farms International in a research report on Friday, August 14th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

About Village Farms International

Village Farms International, Inc is a vertically integrated agriculture company that grows, markets and distributes fresh produce and cannabis products. Its produce business focuses primarily on greenhouse-grown tomatoes, cucumbers and bell peppers, which are sold through retail and foodservice channels under the Village Farms and other brands.

The company operates greenhouse facilities and sources products across North America, serving major grocery retailers and other customers in the United States and Canada.