Vishay Precision Group Inc (NYSE: VPG) Director Bruce A. Lerner has sold 1.125 shares of Vishay Precision Group shares in a transaction on Friday 10 August. The stock has been sold at an average price of $ 43.63 for a total value of $ 49,083.75. After the completion of the transaction, the director now owns 3,012 shares in the company, valued at $ 131,413.56. The transaction was disclosed in a legal application to the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Vishay Precision Group shares traded $ 0.35 during trading on Thursday and reached $ 44.55. The company's shares had a trading volume of 219 shares, compared with the average volume of 85,865. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.79 and a current ratio of 4.10. The company has a market capitalization of $ 598.25 million, a PE ratio of 39.19, a PEG ratio of 1.15 and a beta of 0.95. Vishay Precision Group Inc has a lowest point in one year of $ 20.50 and a highest point in one year of $ 44.90.
Vishay Precision Group (NYSE: VPG) last published its earnings results on Tuesday 7 August. The scientific and technical instruments company reported earnings per share of $ 0.57 per quarter for the quarter, which exceeds analysts' consensus estimates of $ 0.44 with $ 0.13. Vishay Precision Group had a return on equity of 10.93% and a net margin of 7.66%. The company had revenues of $ 74.23 million for the quarter compared to the $ 73.53 million consensus estimate. In the same period last year the company earned $ 0.29 earnings per share. Research analysts predict that Vishay Precision Group Inc will publish 1.94 per share for the current year.
Hedge funds have recently increased or reduced their stake in the shares. Northern Trust Corp. grew its position in Vishay Precision Group by 3.2% during the first quarter. Northern Trust Corp. now holds 151,508 shares of the Company's scientific and technical instruments worth $ 4,719,000 after buying an additional 4,648 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Vishay Precision Group in the second quarter of approximately $ 5,366,000. Sawgrass Asset Management LLC acquired a new stake in Vishay Precision Group in the second quarter of approximately $ 221,000. BlackRock Inc. grew by 2.2% in the fourth quarter in Vishay Precision Group. BlackRock Inc. now owns 876,345 shares of the company's stock for scientific and technical instruments valued at $ 22,040,000 after buying additional 19,135 shares in the last quarter. Finally, Sensato Investors LLC grew by 24.7% in the first quarter in Vishay Precision Group. Sensato Investors LLC now holds 57,221 shares of the company in scientific and technical instruments valued at $ 1,782,000 after buying an additional 11,329 shares in the last quarter. 86.81% of the shares are currently held by institutional investors and hedge funds.
A number of research agencies have recently commented on VPG. ValuEngine lowered Vishay Precision Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, August 8th. B. Riley repeated a "buy" rating and published a price target of $ 53.00 (higher than $ 40.00) on Vishay Precision Group shares in a study letter on Monday, August 6th.
About Vishay Precision Group
Vishay Precision Group, Inc. designs, manufactures and markets sensors, sensor-based measurement systems, special resistances and strain gauges in Asia, the United States, Israel, Europe, the United Kingdom and Canada. It works in three segments: Foil Technology Products, Force Sensors and Weighing and Control Systems.
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