Willamette Valley Vineyards Inc (WVVI): James W Bernau , director officer 10% owner (Chief Executive Offic of Willamette Valley Vineyards Inc sold 12,000 shares on Jun 22, 2016. The Insider selling transaction was reported by the company on Jun 23, 2016 to the Securities and Exchange Commission. The shares were sold at $8.60 per share for a total value of $103,232.54 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, James L Ellis (director) sold 10,000 shares at $7.14 per share price.On Apr 8, 2016, Jonathan J Ricci (director) purchased 715 shares at $6.99 per share price.Also, On Dec 29, 2015, Chris Riccardi (10% owner) sold 232,815 shares at $6.22 per share price.On Dec 1, 2015, Stanley G Turel (director) sold 10,000 shares at $7.02 per share price.
Willamette Valley Vineyards: On Tuesday, Jun 21, 2016 heightened volatility was witnessed in Willamette Valley Vineyards which led to swings in the share price. The shares opened for trading at $8.13 and hit $8.45 on the upside , eventually ending the session at $8.3232, with a gain of 3.09% or 0.2493 points. The heightened volatility saw the trading volume jump to 17,324 shares. The 52-week high of the share price is $8.45 and the company has a market cap of $42 M . The 52-week low of the share price is at $4.5.
Willamette Valley Vineyards Inc. owns and operates vineyards and a winery located in the state of Oregon and produces and distributes premium super premium and ultra-premium wines primarily Pinot Noir Pinot Gris Chardonnay and Riesling. The Company operates through two segments: Direct Sales and Distributor Sales. Direct Sales includes retail sales in the tasting room and remote sites wine club sales on-site events kitchen and catering sales and other sales made directly to the consumer without the use of an intermediary. Distributor Sales include all sales through a third party where prices are given at a wholesale rate. In addition the Company holds Pairings a focused restaurant offering a wine and food pairing lunch. The Company also operates two additional tasting rooms one in downtown McMinnville in the heart of Oregon Wine Country and at its Tualatin Vineyard.