Vishay Precision Group Inc (NYSE:VPG) Director Janet M. Clarke sold 820 shares of Vishay Precision Group stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $36.85, for a total value of $30,217.00. Following the completion of the sale, the director now directly owns 7,255 shares of the company’s stock, valued at approximately $267,346.75. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of VPG opened at $39.40 on Thursday. Vishay Precision Group Inc has a fifty-two week low of $16.55 and a fifty-two week high of $39.60. The stock has a market capitalization of $519.29 million, a P/E ratio of 34.56, a PEG ratio of 1.16 and a beta of 0.94. The company has a quick ratio of 2.65, a current ratio of 3.82 and a debt-to-equity ratio of 0.14.
Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, May 8th. The scientific and technical instruments company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. Vishay Precision Group had a return on equity of 9.27% and a net margin of 6.48%. The company had revenue of $73.10 million during the quarter, compared to analyst estimates of $66.69 million. During the same quarter last year, the firm posted $0.19 EPS. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. sell-side analysts expect that Vishay Precision Group Inc will post 1.66 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. boosted its stake in Vishay Precision Group by 2.2% in the 4th 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 boosted its stake in Vishay Precision Group by 10.9% in the 4th 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. boosted its stake in Vishay Precision Group by 0.8% in the 1st 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 boosted its stake in Vishay Precision Group by 91.6% in the 4th 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 boosted its stake in Vishay Precision Group by 34.0% in the 1st 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. Institutional investors and hedge funds own 80.48% of the company’s stock.
Several equities research analysts recently weighed in on VPG shares. B. Riley lifted their price objective on Vishay Precision Group from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd. ValuEngine raised Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Sidoti lowered Vishay Precision Group from a “buy” rating to a “neutral” rating in a report on Friday, March 9th.
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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