Vishay Precision Group (NYSE:VPG) CFO William M. Clancy sold 10,000 shares of Vishay Precision Group stock in a transaction dated Wednesday, May 23rd. The stock was sold at an average price of $35.45, for a total value of $354,500.00. Following the sale, the chief financial officer now directly owns 29,575 shares in the company, valued at $1,048,433.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
VPG stock opened at $35.10 on Monday. Vishay Precision Group has a twelve month low of $16.55 and a twelve month high of $36.85. The stock has a market cap of $472.20 million, a P/E ratio of 30.79, a PEG ratio of 1.06 and a beta of 0.85. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.65 and a current ratio of 3.82.
Get Vishay Precision Group alerts:Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, May 8th. The scientific and technical instruments company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The firm had revenue of $73.10 million during the quarter, compared to analysts’ expectations of $66.69 million. Vishay Precision Group had a net margin of 6.48% and a return on equity of 9.27%. The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 earnings per share. sell-side analysts predict that Vishay Precision Group will post 1.66 earnings per share for the current fiscal year.
VPG has been the topic of a number of recent research reports. B. Riley lifted their target price on Vishay Precision Group from $31.00 to $34.00 and gave the stock a “buy” rating in a research report on Thursday, February 22nd. Sidoti downgraded Vishay Precision Group from a “buy” rating to a “neutral” rating in a research report on Friday, March 9th. Finally, ValuEngine raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. lifted its stake in Vishay Precision Group by 2.2% during the fourth quarter. BlackRock Inc. now owns 876,345 shares of the scientific and technical instruments company’s stock worth $22,040,000 after purchasing an additional 19,135 shares during the period. Renaissance Technologies LLC lifted its stake in Vishay Precision Group by 10.9% during the fourth quarter. Renaissance Technologies LLC now owns 611,900 shares of the scientific and technical instruments company’s stock worth $15,389,000 after purchasing an additional 60,100 shares during the period. Uniplan Investment Counsel Inc. lifted its stake in Vishay Precision Group by 0.8% during the first quarter. Uniplan Investment Counsel Inc. now owns 334,462 shares of the scientific and technical instruments company’s stock worth $10,418,000 after purchasing an additional 2,733 shares during the period. Millennium Management LLC lifted its stake in Vishay Precision Group by 91.6% during the fourth quarter. Millennium Management LLC now owns 322,942 shares of the scientific and technical instruments company’s stock worth $8,122,000 after purchasing an additional 154,400 shares during the period. Finally, Lord Abbett & CO. LLC lifted its stake in Vishay Precision Group by 34.0% during the first quarter. Lord Abbett & CO. LLC now owns 294,906 shares of the scientific and technical instruments company’s stock worth $9,186,000 after purchasing an additional 74,893 shares during the period. Hedge funds and other institutional investors own 81.45% of the company’s stock.
About Vishay Precision Group
Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
No comments:
Post a Comment