Insider Buying: Village Farms International, Inc. (NASDAQ:VFF) CFO Acquires 20,000 Shares of Stock

Village Farms International, Inc. (NASDAQ:VFF) CFO Stephen C. Ruffini purchased 20,000 shares of the firm’s stock in a transaction on Thursday, September 26th. The stock was bought at an average cost of $0.92 per share, with a total value of $18,400.00. Following the completion of the purchase, the chief financial officer now owns 659,200 shares of the company’s stock, valued at approximately $606,464. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Village Farms International Price Performance

Shares of VFF opened at $0.91 on Friday. The business’s fifty day moving average is $1.03 and its 200 day moving average is $1.11. Village Farms International, Inc. has a 12-month low of $0.58 and a 12-month high of $1.62. The company has a quick ratio of 1.10, a current ratio of 1.97 and a debt-to-equity ratio of 0.13. The stock has a market cap of $100.76 million, a P/E ratio of -3.62 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 the consensus estimate of ($0.03) by ($0.07). The business had revenue of $92.18 million during the quarter, compared to the consensus estimate of $84.32 million. Village Farms International had a negative net margin of 15.98% and a negative return on equity of 8.10%. Sell-side analysts anticipate that Village Farms International, Inc. will post -0.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. GSA Capital Partners LLP lifted its stake in Village Farms International by 119.2% during the 1st quarter. GSA Capital Partners LLP now owns 513,739 shares of the company’s stock valued at $637,000 after acquiring an additional 279,370 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Village Farms International during the first quarter valued at about $3,145,000. Concurrent Investment Advisors LLC bought a new position in shares of Village Farms International during the first quarter valued at about $80,000. Key Client Fiduciary Advisors LLC boosted its holdings in Village Farms International by 3.4% during the second quarter. Key Client Fiduciary Advisors LLC now owns 637,512 shares of the company’s stock worth $650,000 after purchasing an additional 20,767 shares during the last quarter. Finally, Virtu Financial LLC grew its position in Village Farms International by 182.4% in the 1st quarter. Virtu Financial LLC now owns 63,184 shares of the company’s stock worth $78,000 after purchasing an additional 40,811 shares in the last quarter. Hedge funds and other institutional investors own 12.15% of the company’s stock.

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.