Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) insider Lark Isely sold 10,000 shares of the firm’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $19.00, for a total value of $190,000.00. Following the transaction, the insider now owns 12,682 shares in the company, valued at $240,958. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Natural Grocers by Vitamin Cottage stock opened at $17.80 on Friday. Natural Grocers by Vitamin Cottage Inc has a 1 year low of $6.18 and a 1 year high of $24.50. The firm has a market cap of $401.67 million, a PE ratio of 48.54 and a beta of 1.16. The company has a quick ratio of 0.20, a current ratio of 1.47 and a debt-to-equity ratio of 0.39.
Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its earnings results on Thursday, November 15th. The specialty retailer reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.05. Natural Grocers by Vitamin Cottage had a return on equity of 5.90% and a net margin of 1.49%. The firm had revenue of $217.52 million during the quarter. Equities analysts expect that Natural Grocers by Vitamin Cottage Inc will post 0.37 earnings per share for the current fiscal year.
Several institutional investors have recently made changes to their positions in NGVC. First Quadrant L P CA purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter valued at $105,000. Victory Capital Management Inc. purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter valued at $156,000. Citadel Advisors LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter valued at $168,000. Harvest Fund Management Co. Ltd increased its position in shares of Natural Grocers by Vitamin Cottage by 91.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 11,925 shares of the specialty retailer’s stock valued at $201,000 after purchasing an additional 5,700 shares during the last quarter. Finally, Ibex Investors LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter valued at $208,000. 38.59% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts have weighed in on the company. Royal Bank of Canada set a $21.00 price objective on Natural Grocers by Vitamin Cottage and gave the company a “buy” rating in a research note on Friday, November 16th. Barclays reaffirmed a “hold” rating and set a $20.00 target price on shares of Natural Grocers by Vitamin Cottage in a research report on Sunday, November 18th. Finally, Citigroup raised their target price on Natural Grocers by Vitamin Cottage from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, September 18th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $20.00.
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Natural Grocers by Vitamin Cottage Company Profile
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; bulk food and private label products; 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.
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