Insider Buying: Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) CEO Acquires 2,978 Shares of Stock

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) CEO James W. Bernau bought 2,978 shares of the firm’s stock in a transaction on Wednesday, July 10th. The stock was acquired at an average cost of $3.92 per share, with a total value of $11,673.76. Following the completion of the purchase, the chief executive officer now owns 367,680 shares of the company’s stock, valued at approximately $1,441,305.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Willamette Valley Vineyards Stock Down 0.6 %

Shares of WVVI stock traded down $0.03 on Friday, hitting $3.89. 6,717 shares of the stock were exchanged, compared to its average volume of 3,823. The company has a current ratio of 2.87, a quick ratio of 0.37 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $19.27 million, a P/E ratio of -6.31 and a beta of 0.75. The business has a 50-day moving average of $4.07 and a 200 day moving average of $4.70. Willamette Valley Vineyards, Inc. has a fifty-two week low of $3.57 and a fifty-two week high of $6.59.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings data on Monday, May 13th. The company reported ($0.22) earnings per share for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.42% and a negative net margin of 2.46%. The firm had revenue of $8.80 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Willamette Valley Vineyards in a research note on Friday, July 5th. They issued a “hold” rating for the company.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.