Insider Selling: Vishay Precision Group Inc (VPG) Director Sells 2,000 Shares of Stock

Vishay Precision Group Inc (NYSE:VPG) Director Timothy Talbert sold 2,000 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $40.00, for a total transaction of $80,000.00. Following the completion of the sale, the director now owns 12,896 shares of the company’s stock, valued at approximately $515,840. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of VPG traded up $0.36 during mid-day trading on Thursday, hitting $40.66. 42,132 shares of the company’s stock were exchanged, compared to its average volume of 47,244. Vishay Precision Group Inc has a twelve month low of $26.34 and a twelve month high of $45.00. The firm has a market cap of $528.00 million, a price-to-earnings ratio of 19.82, a price-to-earnings-growth ratio of 0.87 and a beta of 1.00. The company has a quick ratio of 2.88, a current ratio of 4.04 and a debt-to-equity ratio of 0.09.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, May 7th. The scientific and technical instruments company reported $0.61 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.09. Vishay Precision Group had a net margin of 8.87% and a return on equity of 14.31%. The company had revenue of $76.50 million for the quarter, compared to analyst estimates of $75.77 million. During the same quarter in the prior year, the business posted $0.37 EPS. Vishay Precision Group’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, research analysts predict that Vishay Precision Group Inc will post 2.25 earnings per share for the current fiscal year.

Separately, B. Riley set a $53.00 price target on shares of Vishay Precision Group and gave the stock a “buy” rating in a research note on Wednesday, May 8th.

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc lifted its holdings in shares of Vishay Precision Group by 0.5% during the 3rd quarter. Vanguard Group Inc now owns 489,197 shares of the scientific and technical instruments company’s stock worth $18,296,000 after acquiring an additional 2,490 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Vishay Precision Group by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 489,197 shares of the scientific and technical instruments company’s stock worth $18,296,000 after acquiring an additional 2,490 shares during the period. Lord Abbett & CO. LLC lifted its holdings in shares of Vishay Precision Group by 28.9% during the 4th quarter. Lord Abbett & CO. LLC now owns 362,989 shares of the scientific and technical instruments company’s stock worth $10,973,000 after acquiring an additional 81,471 shares during the period. Royce & Associates LP lifted its holdings in shares of Vishay Precision Group by 27.8% during the 1st quarter. Royce & Associates LP now owns 329,351 shares of the scientific and technical instruments company’s stock worth $11,267,000 after acquiring an additional 71,551 shares during the period. Finally, LSV Asset Management lifted its holdings in shares of Vishay Precision Group by 4.5% during the 1st quarter. LSV Asset Management now owns 279,198 shares of the scientific and technical instruments company’s stock worth $9,551,000 after acquiring an additional 11,924 shares during the period. Institutional investors own 82.03% of the company’s stock.

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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.

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Insider Buying and Selling by Quarter for Vishay Precision Group (NYSE:VPG)

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