Insider Buying: Willamette Valley Vineyards (NASDAQ:WVVI) CFO Acquires $16,071.96 in Stock

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) CFO John Walter Hazlett purchased 7,996 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The stock was bought at an average price of $2.01 per share, with a total value of $16,071.96. Following the transaction, the chief financial officer directly owned 7,996 shares in the company, valued at $16,071.96. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

John Walter Hazlett also recently made the following trade(s):

• On Monday, October 12th, John Walter Hazlett purchased 2,004 shares of Willamette Valley Vineyards stock. The stock was bought at an average price of $2.05 per share, with a total value of $4,108.20.

Willamette Valley Vineyards Trading Down 4.8%

Shares of WVVI opened at $2.00 on Friday. The business’s 50-day moving average price is $2.09 and its 200 day moving average price is $2.48. Willamette Valley Vineyards, Inc. has a 1-year low of $1.65 and a 1-year high of $4.00. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.92 and a quick ratio of 0.36.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.40) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative return on equity of 10.31% and a negative net margin of 5.93%. The company had revenue of $10.04 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Willamette Valley Vineyards in a report on Monday, September 21st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has an average rating of “Sell”.

Institutional Trading of Willamette Valley Vineyards

A hedge fund recently bought a new position in Willamette Valley Vineyards stock. EP Wealth Advisors LLC bought a new position in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 16,168 shares of the company’s stock, valued at approximately $41,000. EP Wealth Advisors LLC owned 0.32% of Willamette Valley Vineyards as of its most recent SEC filing. Institutional investors own 12.24% of the company’s stock.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc is an Oregon-based wine producer and vineyard operator founded in 1983 by Jim Bernau. The company focuses on wines made from grapes grown in Oregon’s Willamette Valley, a region known particularly for Pinot Noir. Its portfolio also includes varieties such as Pinot Gris, Chardonnay, Riesling and other wines produced under its family of brands.

The company operates vineyards, wineries and tasting-room facilities in Oregon and sells its products through tasting rooms, direct-to-consumer channels, wine clubs, online sales and wholesale distribution.