Willamette Valley Vineyards (NASDAQ:WVVI) Stock: Insider John Walter Hazlett Acquires 7,996 Shares

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) CFO John Walter Hazlett bought 7,996 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was purchased at an average cost of $2.01 per share, with a total value 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 trade represents a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

John Walter Hazlett also recently made the following trade(s):

• On Monday, October 12th, John Walter Hazlett purchased 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 Trading Down 1.9%

Shares of WVVI stock opened at $2.10 on Thursday. The company has a current ratio of 2.92, a quick ratio of 0.36 and a debt-to-equity ratio of 0.58. The stock has a fifty day simple moving average of $2.10 and a two-hundred day simple moving average of $2.48. Willamette Valley Vineyards, Inc. has a 52-week low of $1.65 and a 52-week high of $4.00.

Willamette Valley Vineyards (NASDAQ:WVVI) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.40) EPS for the quarter. The business had revenue of $10.04 million during the quarter. Willamette Valley Vineyards had a negative net margin of 5.93% and a negative return on equity of 10.31%.

Institutional Investors Weigh In On Willamette Valley Vineyards

A hedge fund recently bought a new stake in Willamette Valley Vineyards stock. EP Wealth Advisors LLC purchased a new stake in shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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. Institutional investors and hedge funds own 12.24% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Willamette Valley Vineyards in a research note on Monday, September 21st. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has a consensus rating of “Sell”.

About Willamette Valley Vineyards

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.