NGVCNYSERetail-Grocery StoresFiscal year ends September 30
Natural Grocers by Vitamin Cottage, Inc.
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$29.75−0.86 (-2.81%)
Close on Oct 19, 2026
- Market cap
- $692.09M
- P/E (TTM)
- 14.4
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
40.0%
9M of 23M shares
Institutional holders
158
27 new, 22 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 1 sales
Net sold $87.12K
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NGVC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 991,823 | 4.30% | $30.77M | +65,475 | 0.00% |
| American Century Companies Inc | 652,774 | 2.83% | $20.25M | +90,738 | 0.01% |
| Dimensional Fund Advisors LP | 651,746 | 2.83% | $20.22M | +7,224 | 0.00% |
| Royce & Associates LP | 600,263 | 2.60% | $18.62M | New | 0.15% |
| Vanguard Capital Management LLC | 534,646 | 2.32% | $16.58M | −10,348 | 0.00% |
| Morgan Stanley | 472,225 | 2.05% | $14.65M | −123,704 | 0.00% |
| Two Sigma Investments, LP | 337,311 | 1.46% | $10.46M | −70,701 | 0.01% |
| Geode Capital Management, LLC | 304,066 | 1.32% | $9.43M | +24,730 | 0.00% |
| Aqr Capital Management LLC | 298,071 | 1.29% | $9.25M | +113,688 | 0.00% |
| Vanguard Portfolio Management LLC | 295,763 | 1.28% | $9.17M | +34,429 | 0.00% |
| Renaissance Technologies LLC | 294,899 | 1.28% | $9.15M | −32,200 | 0.01% |
| State Street Corp | 294,454 | 1.28% | $9.13M | +23,145 | 0.00% |
| Wellington Management Group Llp | 283,589 | 1.23% | $8.80M | −33 | 0.00% |
| Northern Trust Corp | 176,087 | 0.76% | $5.46M | −2,920 | 0.00% |
| Bank of New York Mellon Corp | 172,998 | 0.75% | $5.37M | −1,531 | 0.00% |
| Empirical Finance, LLC | 146,916 | 0.64% | $4.56M | – | 0.19% |
| UBS Group AG | 143,710 | 0.62% | $4.46M | −16,786 | 0.00% |
| CSM Advisors, LLC | 135,014 | 0.59% | $4.19K | −140 | 0.09% |
| Goldman Sachs Group Inc | 130,009 | 0.56% | $4.03M | −1,065 | 0.00% |
| Allspring Global Investments Holdings, LLC | 122,235 | 0.53% | $3.90M | New | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 158 | 9M | 40.0% | 27 / 63 | 39 / 22 | 2M | 1M |
| Q1 2026 | 155 | 9M | 37.7% | 40 / 47 | 43 / 27 | 2M | 1M |
| Q4 2025 | 145 | 9M | 37.9% | 25 / 55 | 39 / 46 | 1M | 2M |
| Q3 2025 | 168 | 9M | 41.1% | 28 / 66 | 46 / 32 | 2M | 2M |
| Q2 2025 | 172 | 9M | 40.8% | 36 / 78 | 33 / 21 | 2M | 1M |
| Q1 2025 | 159 | 8M | 35.6% | 35 / 44 | 52 / 19 | 1M | 1M |
| Q4 2024 | 146 | 8M | 33.7% | 34 / 41 | 47 / 8 | 1M | 1M |
| Q3 2024 | 121 | 8M | 33.4% | 25 / 37 | 37 / 4 | 1M | 1M |
| Q2 2024 | 101 | 8M | 34.4% | 12 / 38 | 32 / 14 | 1M | 1M |
| Q1 2024 | 103 | 8M | 33.4% | 13 / 31 | 37 / 6 | 1M | 1M |
| Q4 2023 | 96 | 7M | 32.3% | 11 / 38 | 27 / 5 | 1M | 0M |
| Q3 2023 | 91 | 7M | 30.7% | 5 / 29 | 34 / 7 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NGVC | Value | % of fund | As of |
|---|---|---|---|---|---|
| Avantis U.S. Small Cap Value ETF | 523,420 | 2.27% | $15.37M | 0.06% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 400,090 | 1.74% | $12.41M | 0.00% | Jun 30, 2026 |
| Royce Small-Cap Total Return Fund | 353,372 | 1.53% | $10.96M | 1.16% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 342,379 | 1.49% | $10.62M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 143,815 | 0.62% | $4.61M | 0.01% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 119,086 | 0.52% | $3.69M | 0.00% | Jun 30, 2026 |
| Allspring Small Company Value Portfolio | 117,401 | 0.51% | $3.76M | 0.57% | Jul 31, 2026 |
| Vanguard Consumer Staples Index Fund | 108,323 | 0.47% | $3.18M | 0.03% | May 31, 2026 |
| U.S. Small Cap Portfolio | 107,085 | 0.46% | $3.43M | 0.02% | Jul 31, 2026 |
| Royce Small-Cap Fund | 103,892 | 0.45% | $3.22M | 0.15% | Jun 30, 2026 |
| WisdomTree U.S. SmallCap Dividend Fund | 93,725 | 0.41% | $2.91M | 0.13% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 82,234 | 0.36% | $2.64M | 0.03% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 75,128 | 0.33% | $2.33M | 0.02% | Jun 30, 2026 |
| Dimensional U.S. Small Cap ETF | 71,835 | 0.31% | $2.30M | 0.02% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 65,505 | 0.28% | $1.92M | 0.01% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Richard Halle | CFO | 66,660 | 0.29% | Mar 10, 2025 |
| Todd Dissinger | Chief Financial Officer | 90,595 | 0.39% | Jan 3, 2025 |
| David C. Rooney | Director | 20,364 | 0.09% | Mar 6, 2026 |
| Sandra Buffa | Director | 13,551 | 0.06% | Mar 6, 2026 |
| Edward Cerkovnik | Director | 61,748 | 0.27% | Mar 6, 2026 |
| Charity Isely | – | 1,620,486 | 7.03% | Jun 2, 2026 |
| Robert Linnane | – | 3,818 | 0.02% | Nov 4, 2025 |
| Raquel M. Isely | – | 116,119 | 0.50% | Nov 4, 2025 |
| Lark Isely | – | 4,182 | 0.02% | Aug 27, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Charity Isely – | May 29, 2026 | Sale | −3,000 | $29.04 | $87.12K | 10,697 |
| Edward Cerkovnik Director | Mar 5, 2026 | Option exercise | +1,532 | – | – | 61,748 |
| Sandra Buffa Director | Mar 5, 2026 | Option exercise | +1,532 | – | – | 13,551 |
| David C. Rooney Director | Mar 5, 2026 | Option exercise | +1,532 | – | – | 20,364 |
| Raquel M. Isely – | Nov 3, 2025 | Option exercise | +4,000 | – | – | 116,119 |
| Raquel M. Isely – | Nov 3, 2025 | Tax withholding | −1,150 | $32.09 | $36.90K | 114,969 |
| Charity Isely – | Nov 3, 2025 | Tax withholding | −593 | $32.09 | $19.03K | 13,697 |
| Charity Isely – | Nov 3, 2025 | Option exercise | +2,000 | – | – | 14,290 |
| Robert Linnane – | Nov 3, 2025 | Tax withholding | −659 | $32.09 | $21.15K | 3,818 |
| Robert Linnane – | Nov 3, 2025 | Option exercise | +2,000 | – | – | 4,477 |
| Raquel M. Isely – | Oct 1, 2025 | Tax withholding | −157 | $40.00 | $6.28K | 112,119 |
| Raquel M. Isely – | Oct 1, 2025 | Option exercise | +480 | – | – | 112,276 |
| Lark Isely – | Aug 25, 2025 | Sale | −500 | $41.00 | $20.50K | 4,182 |
| Lark Isely – | Aug 19, 2025 | Sale | −2,000 | $40.00 | $80.00K | 4,682 |
| Lark Isely – | Jun 11, 2025 | Sale | −2,000 | $44.26 | $88.52K | 6,682 |
| Richard Halle CFO | Mar 6, 2025 | Tax withholding | −1,176 | $39.14 | $46.03K | 66,660 |
| Richard Halle CFO | Mar 6, 2025 | Option exercise | +3,736 | – | – | 67,836 |
| David C. Rooney Director | Mar 6, 2025 | Option exercise | +3,736 | – | – | 18,832 |
| Sandra Buffa Director | Mar 6, 2025 | Option exercise | +3,736 | – | – | 12,019 |
| Edward Cerkovnik Director | Mar 6, 2025 | Option exercise | +3,736 | – | – | 60,216 |
| Todd Dissinger Chief Financial Officer | Dec 31, 2024 | Tax withholding | −19,774 | $39.69 | $784.83K | 90,595 |
| Todd Dissinger Chief Financial Officer | Dec 31, 2024 | Option exercise | +45,203 | – | – | 110,369 |
| Charity Isely – | Dec 10, 2024 | Sale | −2,000 | $43.73 | $87.46K | 12,290 |
| Lark Isely – | Dec 3, 2024 | Sale | −4,000 | $44.66 | $178.64K | 8,682 |
| Richard Halle CFO (appointee) | Nov 4, 2024 | Award | +7,500 | $27.34 | $205.05K | 66,600 |
| Richard Halle CFO (appointee) | Nov 4, 2024 | Tax withholding | −2,500 | $27.34 | $68.35K | 64,100 |
| Raquel M. Isely – | Oct 15, 2024 | Tax withholding | −28 | $26.08 | $730 | 111,796 |
| Raquel M. Isely – | Oct 15, 2024 | Option exercise | +100 | – | – | 111,824 |
| Todd Dissinger Chief Financial Officer | Oct 1, 2024 | Tax withholding | −1,364 | $29.69 | $40.50K | 65,166 |
| Todd Dissinger Chief Financial Officer | Oct 1, 2024 | Option exercise | +3,520 | – | – | 66,530 |
| Raquel M. Isely – | Oct 1, 2024 | Option exercise | +480 | – | – | 111,861 |
| Raquel M. Isely – | Oct 1, 2024 | Tax withholding | −137 | $29.69 | $4.07K | 111,724 |
| Charity Isely – | Sep 30, 2024 | Tax withholding | −889 | $27.93 | $24.83K | 14,290 |
| Charity Isely – | Sep 30, 2024 | Option exercise | +3,000 | – | – | 15,179 |
| Robert Linnane – | Sep 30, 2024 | Option exercise | +3,000 | – | – | 3,500 |
| Robert Linnane – | Sep 30, 2024 | Tax withholding | −1,023 | $27.93 | $28.57K | 2,477 |
| Todd Dissinger Chief Financial Officer | Sep 30, 2024 | Tax withholding | −7,187 | $27.93 | $200.73K | 63,010 |
| Todd Dissinger Chief Financial Officer | Sep 30, 2024 | Option exercise | +25,000 | – | – | 70,197 |
| Raquel M. Isely – | Sep 30, 2024 | Option exercise | +3,200 | – | – | 112,324 |
| Raquel M. Isely – | Sep 30, 2024 | Tax withholding | −943 | $27.93 | $26.34K | 111,381 |
| Todd Dissinger Chief Financial Officer | Aug 15, 2024 | Option exercise | +11,407 | – | – | 48,476 |
| Todd Dissinger Chief Financial Officer | Aug 15, 2024 | Tax withholding | −3,279 | $23.43 | $76.83K | 45,197 |
| Edward Cerkovnik Director | Mar 1, 2024 | Option exercise | +5,535 | – | – | 56,480 |
| Sandra Buffa Director | Mar 1, 2024 | Option exercise | +2,667 | – | – | 8,283 |
| David C. Rooney Director | Mar 1, 2024 | Option exercise | +5,535 | – | – | 15,096 |
| Richard Halle Director | Mar 1, 2024 | Option exercise | +5,535 | – | – | 59,100 |
| Todd Dissinger Chief Financial Officer | Feb 28, 2024 | Sale | −15,000 | $15.30 | $229.50K | 37,069 |
| Todd Dissinger Chief Financial Officer | Dec 15, 2023 | Sale | −597 | $16.61 | $9.92K | 52,069 |
| Todd Dissinger Chief Financial Officer | Dec 8, 2023 | Sale | −10,000 | $16.54 | $165.40K | 52,666 |
| Raquel M. Isely – | Oct 16, 2023 | Option exercise | +100 | – | – | 109,158 |
| Raquel M. Isely – | Oct 16, 2023 | Tax withholding | −34 | $12.95 | $440 | 109,124 |
| Todd Dissinger Chief Financial Officer | Oct 2, 2023 | Tax withholding | −1,012 | $12.91 | $13.06K | 62,666 |
| Todd Dissinger Chief Financial Officer | Oct 2, 2023 | Option exercise | +3,520 | – | – | 63,678 |
| Raquel M. Isely – | Oct 2, 2023 | Option exercise | +480 | – | – | 109,223 |
| Raquel M. Isely – | Oct 2, 2023 | Tax withholding | −165 | $12.91 | $2.13K | 109,058 |
| Todd Dissinger Chief Financial Officer | Oct 2, 2023 | Tax withholding | −940 | $12.91 | $12.14K | 62,738 |
| Todd Dissinger Chief Financial Officer | Oct 2, 2023 | Option exercise | +3,520 | – | – | 63,678 |
| Todd Dissinger Chief Financial Officer | Jun 27, 2023 | Option exercise | +4,000 | – | – | 61,308 |
| Todd Dissinger Chief Financial Officer | Jun 27, 2023 | Tax withholding | −1,150 | $12.02 | $13.82K | 60,158 |
| Raquel M. Isely – | Jun 27, 2023 | Option exercise | +200 | – | – | 108,612 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Isely Charity Affiliate | May 27, 2026 | 3,000 | $86.28K | May 26, 2026 | Issuer Stock Grant |
| Isely Lark Affiliate | Aug 25, 2025 | 500 | $20.27K | Aug 25, 2025 | Issuer Stock Grant |
| Isely Lark Affiliate | Aug 19, 2025 | 2,000 | $77.62K | Aug 19, 2025 | Issuer Stock Grant |
| Isely Lark Affiliate | May 19, 2025 | 4,000 | $206.64K | May 21, 2025 | Issuer Stock Grant |
| Isely Charity Affiliate | Dec 6, 2024 | 2,000 | $88.66K | Dec 10, 2024 | Issuer Stock Grant |
| Isely Lark Affiliate | Dec 3, 2024 | 4,000 | $188.16K | Dec 3, 2024 | Issuer Stock Grant |
| Todd Dissinger Officer | Feb 28, 2024 | 15,000 | $227.85K | Feb 28, 2024 | Equity Compensation |
| Todd Dissinger Officer | Feb 28, 2024 | 15,000 | $227.85K | Feb 28, 2024 | EQUITY COMP |
| Todd Dissinger Officer | Dec 8, 2023 | 15,000 | $247.50K | Dec 8, 2023 | RSU |