Natural Grocers by Vitamin Cottage (NYSE:NGVC) operates natural and organic grocery and dietary supplement stores in the United States.
Click to enlarge
Insider buying during the last 30 days
Here is a table of Natural Grocers' insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Elizabeth Isely||EVP||May 7||10,000||1,264,306
|Edward Cerkovnik||Director||May 7||3,500||3,500 shares||from 0 to 3,500|
|Kemper Isely||Chairman||May 6||10,000||3,107,402 shares||+0.3%|
|Richard Halle||Director||May 6||4,000||10,064 shares||+66.0%|
There have been 27,500 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of Natural Grocers' insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 30,000 shares purchased, and there have been 92,629 shares sold by insiders since January 2013. The month of May 2014 has seen the most insider buying.
Natural Grocers reported the fiscal 2014 second-quarter, which ended March 31, financial results on May 1 with the following highlights:
|Net income||$4.0 million|
The four insiders purchased their shares after these results.
Natural Grocers' fiscal 2014 guidance is as follows:
|Comparable store sales growth||5.5% to 6.5%|
|EPS||$0.58 to $0.63|
The stock plunged after the earnings due to the weakened outlook.
|Qtrly Rev Growth (yoy):||0.22||0.15||0.27||0.10|
|PEG (5 yr expected):||1.30||1.20||1.60||1.87|
Natural Grocers has the second-lowest PEG ratio among these four companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only Natural Grocers has seen intensive insider buying during the last 30 days.
There have been four different insiders buying Natural Grocers, and there have not been any insiders selling Natural Grocers during the last 30 days. Two of these four insiders increased their holdings by more than 10%. Natural Grocers has an insider ownership of 60.17%.
The four insiders purchased their shares at prices ranging from $22.61 to $23.93. I believe Natural Grocers could be a good pick below $24 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in NGVC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.