Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) insider Lark Isely sold 4,000 shares of the firm's stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the transaction, the insider now directly owns 8,682 shares in the company, valued at $387,738.12. The trade was a 31.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Natural Grocers by Vitamin Cottage Price Performance
Natural Grocers by Vitamin Cottage stock opened at $44.38 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. The business has a 50 day simple moving average of $32.47 and a 200-day simple moving average of $26.88. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $14.31 and a 12 month high of $47.56. The stock has a market capitalization of $1.01 billion, a PE ratio of 29.99 and a beta of 1.40.
Natural Grocers by Vitamin Cottage Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 1.08%. This is an increase from Natural Grocers by Vitamin Cottage's previous quarterly dividend of $0.10. Natural Grocers by Vitamin Cottage's dividend payout ratio is presently 32.43%.
Institutional Trading of Natural Grocers by Vitamin Cottage
Missed Nvidia? Buy Elon Musk’s “Silent Partner”
From Brownstone Research | Ad
In February 2016, when almost nobody was talking about artificial intelligence… I picked Nvidia as one of my favorite stocks.
Today, it’s probably the most popular stock in the world.
I believe this Elon Musk “silent partner” could be the next big AI winner.
So please click here to see the details because a lot of people could get rich.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Virtus Investment Advisers Inc. purchased a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $126,000. CreativeOne Wealth LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter worth approximately $202,000. Hancock Whitney Corp acquired a new stake in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at approximately $214,000. Privium Fund Management B.V. purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the third quarter valued at approximately $326,000. Finally, Inspire Investing LLC acquired a new position in Natural Grocers by Vitamin Cottage during the second quarter worth $353,000. Hedge funds and other institutional investors own 31.99% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Natural Grocers by Vitamin Cottage from a "buy" rating to a "strong-buy" rating in a research note on Friday, November 22nd.
View Our Latest Analysis on NGVC
About Natural Grocers by Vitamin Cottage
(
Get Free Report)
Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
