Insider Buying: Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Director Buys $18,000.00 in Stock

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Director Edward Cerkovnik purchased 3,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction on Tuesday, August 8th. The stock was bought at an average cost of $6.00 per share, with a total value of $18,000.00. Following the transaction, the director now directly owns 17,625 shares of the company’s stock, valued at $105,750. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) traded up 2.89% during trading on Friday, hitting $6.40. The company had a trading volume of 293,551 shares. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $5.50 and a one year high of $13.79. The stock has a market capitalization of $143.58 million, a PE ratio of 20.19 and a beta of 0.88. The stock has a 50-day moving average of $7.83 and a 200-day moving average of $10.05.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings data on Thursday, August 3rd. The specialty retailer reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.08. The company had revenue of $194.70 million for the quarter, compared to analyst estimates of $196.26 million. Natural Grocers by Vitamin Cottage had a return on equity of 5.50% and a net margin of 0.95%. The company’s revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the business earned $0.12 earnings per share. On average, equities analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post $0.30 EPS for the current year.

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NGVC has been the subject of a number of analyst reports. Jefferies Group LLC set a $6.00 price target on Natural Grocers by Vitamin Cottage and gave the stock a “hold” rating in a research report on Friday, August 4th. Royal Bank Of Canada set a $14.00 price target on Natural Grocers by Vitamin Cottage and gave the stock a “hold” rating in a research report on Tuesday, August 1st. Zacks Investment Research raised Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $8.00 price target (down previously from $12.00) on shares of Natural Grocers by Vitamin Cottage in a research report on Wednesday. Finally, Wolfe Research raised Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a research report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. Natural Grocers by Vitamin Cottage has an average rating of “Hold” and a consensus target price of $11.00.

A number of large investors have recently modified their holdings of NGVC. Dimensional Fund Advisors LP increased its stake in shares of Natural Grocers by Vitamin Cottage by 29.8% in the second quarter. Dimensional Fund Advisors LP now owns 448,490 shares of the specialty retailer’s stock valued at $3,709,000 after buying an additional 102,891 shares during the period. Citadel Advisors LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 165.4% in the second quarter. Citadel Advisors LLC now owns 85,640 shares of the specialty retailer’s stock valued at $709,000 after buying an additional 53,375 shares during the period. Northern Trust Corp increased its stake in shares of Natural Grocers by Vitamin Cottage by 1.0% in the second quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock valued at $857,000 after buying an additional 1,056 shares during the period. New York State Common Retirement Fund increased its stake in shares of Natural Grocers by Vitamin Cottage by 17.7% in the second quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock valued at $126,000 after buying an additional 2,293 shares during the period. Finally, Westfield Capital Management Co. LP increased its stake in shares of Natural Grocers by Vitamin Cottage by 17.5% in the second quarter. Westfield Capital Management Co. LP now owns 764,614 shares of the specialty retailer’s stock valued at $6,323,000 after buying an additional 113,759 shares during the period. Hedge funds and other institutional investors own 33.03% of the company’s stock.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers By Vitamin Cottage Inc (Natural Grocers) is a specialty retailer of natural and organic groceries and dietary supplements. The Company sells natural and organic groceries and dietary supplements. The Company’s grocery products include: bulk food and private label products, dry, frozen and canned groceries, meats and seafood, dairy products and dairy substitutes, prepared foods, bread and baked goods, and beverages.

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