Village Farms International (NASDAQ:VFF) Insider Orville Bovenschen Sells 65,200 Shares

Village Farms International, Inc. (NASDAQ:VFF) insider Orville Bovenschen sold 65,200 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $3.92, for a total transaction of $255,584.00. Following the transaction, the insider directly owned 111,633 shares in the company, valued at approximately $437,601.36. The trade was a 36.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Village Farms International Trading Down 0.3%

Shares of Village Farms International stock traded down $0.01 on Wednesday, reaching $3.60. The company had a trading volume of 948,945 shares, compared to its average volume of 1,524,709. The firm’s 50 day moving average price is $3.36 and its two-hundred day moving average price is $2.34. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.17 and a current ratio of 2.78. Village Farms International, Inc. has a 52-week low of $0.45 and a 52-week high of $4.08. The firm has a market cap of $415.86 million, a PE ratio of 20.00 and a beta of 1.21.

Village Farms International (NASDAQ:VFF) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. The business had revenue of $66.74 million during the quarter, compared to the consensus estimate of $58.63 million. Village Farms International had a return on equity of 1.98% and a net margin of 7.47%. Sell-side analysts predict that Village Farms International, Inc. will post -0.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on VFF shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Village Farms International in a research note on Thursday, October 30th. Zacks Research raised shares of Village Farms International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 11th. Finally, Wall Street Zen upgraded shares of Village Farms International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 15th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Village Farms International has an average rating of “Buy”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VFF. Traynor Capital Management Inc. acquired a new stake in shares of Village Farms International during the 3rd quarter valued at approximately $31,000. Rydar Equities Inc. acquired a new position in Village Farms International during the second quarter worth $53,000. Stephens Inc. AR boosted its position in Village Farms International by 50.6% during the second quarter. Stephens Inc. AR now owns 59,500 shares of the company’s stock worth $65,000 after purchasing an additional 20,000 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its holdings in Village Farms International by 38.0% in the third quarter. Vermillion & White Wealth Management Group LLC now owns 21,778 shares of the company’s stock valued at $68,000 after purchasing an additional 6,000 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new position in shares of Village Farms International in the third quarter valued at $83,000. 12.15% of the stock is currently owned by institutional investors and hedge funds.

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.