Vishay Precision Group Inc (NYSE:VPG) Director Bruce A. Lerner acquired 400 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average cost of $35.13 per share, with a total value of $14,052.00. Following the completion of the transaction, the director now directly owns 4,786 shares in the company, valued at approximately $168,132.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
NYSE VPG traded down $0.44 during trading on Friday, hitting $34.76. The stock had a trading volume of 100,160 shares, compared to its average volume of 55,543. The company has a market capitalization of $475.90 million, a PE ratio of 16.96, a PEG ratio of 1.16 and a beta of 1.07. The company has a quick ratio of 3.12, a current ratio of 4.39 and a debt-to-equity ratio of 0.09. The firm has a 50 day moving average price of $33.02 and a 200 day moving average price of $36.01. Vishay Precision Group Inc has a twelve month low of $26.34 and a twelve month high of $41.90.
Vishay Precision Group (NYSE:VPG) last released its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $67.42 million during the quarter, compared to the consensus estimate of $67.38 million. Vishay Precision Group had a return on equity of 11.76% and a net margin of 7.45%. Vishay Precision Group’s revenue was down 10.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 EPS. On average, sell-side analysts anticipate that Vishay Precision Group Inc will post 1.6 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VPG. Nuveen Asset Management LLC bought a new position in Vishay Precision Group during the second quarter valued at about $9,892,000. Renaissance Technologies LLC boosted its position in shares of Vishay Precision Group by 5.7% in the 2nd quarter. Renaissance Technologies LLC now owns 750,900 shares of the scientific and technical instruments company’s stock worth $30,509,000 after purchasing an additional 40,200 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Vishay Precision Group by 15.6% in the 2nd quarter. Royal Bank of Canada now owns 283,237 shares of the scientific and technical instruments company’s stock worth $11,508,000 after purchasing an additional 38,242 shares during the last quarter. Bridge City Capital LLC bought a new position in shares of Vishay Precision Group in the 2nd quarter worth $1,207,000. Finally, Invesco Ltd. boosted its position in shares of Vishay Precision Group by 197.2% in the 2nd quarter. Invesco Ltd. now owns 37,989 shares of the scientific and technical instruments company’s stock worth $1,543,000 after purchasing an additional 25,205 shares during the last quarter. 80.66% of the stock is owned by institutional investors.
VPG has been the subject of several research reports. ValuEngine raised Vishay Precision Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 15th. B. Riley lifted their target price on Vishay Precision Group from $44.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday.
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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