John R. Mclernon Acquires 14,200 Shares of Village Farms International, Inc. (NASDAQ:VFF) Stock

Village Farms International, Inc. (NASDAQ:VFF) Director John R. Mclernon acquired 14,200 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was purchased at an average price of $0.77 per share, with a total value of $10,934.00. Following the acquisition, the director now owns 15,800 shares of the company’s stock, valued at approximately $12,166. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Village Farms International Price Performance

Shares of NASDAQ:VFF opened at $1.27 on Friday. Village Farms International, Inc. has a 1-year low of $0.55 and a 1-year high of $1.57. The business has a fifty day moving average price of $0.95 and a 200-day moving average price of $0.84. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.02 and a current ratio of 2.10.

Village Farms International (NASDAQ:VFF) last released its quarterly earnings data on Wednesday, March 13th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.06). Village Farms International had a negative return on equity of 5.58% and a negative net margin of 11.13%. The business had revenue of $74.23 million during the quarter, compared to the consensus estimate of $70.03 million. As a group, analysts anticipate that Village Farms International, Inc. will post -0.06 EPS for the current year.

Institutional Investors Weigh In On Village Farms International

Several large investors have recently bought and sold shares of the business. GSA Capital Partners LLP purchased a new position in Village Farms International in the fourth quarter worth about $178,000. Formidable Asset Management LLC boosted its position in Village Farms International by 28.2% in the fourth quarter. Formidable Asset Management LLC now owns 194,415 shares of the company’s stock worth $148,000 after purchasing an additional 42,800 shares during the last quarter. Perkins Capital Management Inc. boosted its position in Village Farms International by 1,708.5% in the fourth quarter. Perkins Capital Management Inc. now owns 1,058,000 shares of the company’s stock worth $805,000 after purchasing an additional 999,500 shares during the last quarter. Raymond James Trust N.A. lifted its position in shares of Village Farms International by 94.4% during the 4th quarter. Raymond James Trust N.A. now owns 37,063 shares of the company’s stock valued at $28,000 after buying an additional 18,000 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC lifted its position in shares of Village Farms International by 7.7% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 545,705 shares of the company’s stock valued at $415,000 after buying an additional 39,045 shares in the last quarter. 12.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Craig Hallum raised their price target on Village Farms International from $1.00 to $1.20 and gave the company a “buy” rating in a report on Thursday, March 14th.

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.