Vishay Precision Group Inc (NYSE:VPG) Director Bruce A. Lerner Buys 400 Shares

Vishay Precision Group Inc (NYSE:VPG) Director Bruce A. Lerner bought 400 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was bought at an average cost of $35.13 per share, for a total transaction of $14,052.00. Following the transaction, the director now owns 4,786 shares of the company’s stock, valued at approximately $168,132.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NYSE:VPG traded down $0.44 during midday trading on Friday, reaching $34.76. The company had a trading volume of 100,160 shares, compared to its average volume of 55,543. 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 business’s 50 day moving average price is $33.02 and its 200 day moving average price is $36.01. The stock has a market cap of $475.90 million, a PE ratio of 16.96, a P/E/G ratio of 1.16 and a beta of 1.07. Vishay Precision Group Inc has a 1-year low of $26.34 and a 1-year 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $67.42 million for 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 quarterly revenue was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.57 earnings per share. On average, research analysts expect that Vishay Precision Group Inc will post 1.6 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of VPG. Tower Research Capital LLC TRC grew its holdings in Vishay Precision Group by 78.2% during the third quarter. Tower Research Capital LLC TRC now owns 916 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 402 shares during the period. Meeder Asset Management Inc. grew its holdings in Vishay Precision Group by 764.4% during the third quarter. Meeder Asset Management Inc. now owns 1,530 shares of the scientific and technical instruments company’s stock worth $50,000 after purchasing an additional 1,353 shares during the period. First Interstate Bank bought a new position in Vishay Precision Group during the third quarter worth about $57,000. SG Americas Securities LLC bought a new position in Vishay Precision Group during the third quarter worth about $154,000. Finally, Man Group plc bought a new position in Vishay Precision Group during the second quarter worth about $203,000. Institutional investors and hedge funds own 80.66% of the company’s stock.

A number of analysts recently issued reports on the company. 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. ValuEngine raised Vishay Precision Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 15th.

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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