Trading Report: The Vishay Precision Group Inc. (VPG) Major Shareholder Nokomis Capital, L.L.C. Acquires 13,904 Shares of Stock

The Vishay Precision Group Inc. (VPG) Major Shareholder Nokomis Capital, L.L.C. Acquires 13,904 Shares of Stock

Vishay Precision Group Inc. (NYSE:VPG) major shareholder Nokomis Capital, L.L.C. acquired 13,904 shares of the firm’s stock in a transaction on Friday, October 7th. The stock was purchased at an average cost of $15.90 per share, with a total value of $221,073.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Nokomis Capital, L.L.C. also recently made the following trade(s): On Thursday, September 29th, Nokomis Capital, L.L.C. acquired 9,595 shares of Vishay Precision Group stock. The stock was purchased at an average cost of $15.91 per share, with a total value of $152,656.45. On Monday, September 26th, Nokomis Capital, L.L.C. acquired 2,723 shares of Vishay Precision Group stock. The stock was purchased at an average cost of $15.73 per share, with a total value of $42,832.79. On Tuesday, September 27th, Nokomis Capital, L.L.C. acquired 4,423 shares of Vishay Precision Group stock. The stock was purchased at an average cost of $15.79 per share, with a total value of $69,839.17. On Friday, September 23rd, Nokomis Capital, L.L.C. acquired 20,382 shares of Vishay Precision Group stock. The stock was purchased at an average cost of $15.81 per share, with a total value of $322,239.42. On Wednesday, September 21st, Nokomis Capital, L.L.C. acquired 10,040 shares of Vishay Precision Group stock. The stock was purchased at an average cost of $15.72 per share, with a total value of $157,828.80. On Wednesday, August 24th, Nokomis Capital, L.L.C. acquired 154 shares of Vishay Precision Group stock. The stock was purchased at an average cost of $15.11 per share, with a total value of $2,326.94. On Friday, August 19th, Nokomis Capital, L.L.C. acquired 83,500 shares of Vishay Precision Group stock. The stock was purchased at an average cost of $14.69 per share, with a total value of $1,226,615.00. On Wednesday, August 17th, Nokomis Capital, L.L.C. bought 44,867 shares of Vishay Precision Group stock. The stock was bought at an average price of $14.46 per share, for a total transaction of $648,776.82. On Friday, August 12th, Nokomis Capital, L.L.C. bought 21,112 shares of Vishay Precision Group stock. The stock was bought at an average price of $13.88 per share, for a total transaction of $293,034.56.

Shares of Vishay Precision Group Inc. (NYSE:VPG) opened at 15.70 on Wednesday. The firm’s market cap is $207.11 million. The company’s 50-day moving average is $15.65 and its 200 day moving average is $14.38. Vishay Precision Group Inc. has a 1-year low of $10.27 and a 1-year high of $16.32.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, August 9th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by $0.05. The business had revenue of $58 million for the quarter, compared to the consensus estimate of $59.51 million. Vishay Precision Group had a negative net margin of 5.63% and a positive return on equity of 4.89%. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.13 EPS. On average, equities research analysts expect that Vishay Precision Group Inc. will post $0.51 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VPG. Panagora Asset Management Inc. raised its position in Vishay Precision Group by 602.3% in the second quarter. Panagora Asset Management Inc. now owns 8,336 shares of the company’s stock worth $112,000 after buying an additional 7,149 shares during the last quarter. AXA raised its position in Vishay Precision Group by 14.9% in the first quarter. AXA now owns 18,390 shares of the company’s stock worth $258,000 after buying an additional 2,390 shares during the last quarter. Eagle Global Advisors LLC purchased a new position in Vishay Precision Group during the second quarter worth about $366,000. Nationwide Fund Advisors raised its position in Vishay Precision Group by 0.6% in the second quarter. Nationwide Fund Advisors now owns 34,031 shares of the company’s stock worth $457,000 after buying an additional 214 shares during the last quarter. Finally, Strs Ohio raised its position in Vishay Precision Group by 33.0% in the second quarter. Strs Ohio now owns 43,100 shares of the company’s stock worth $578,000 after buying an additional 10,700 shares during the last quarter. Institutional investors and hedge funds own 84.64% of the company’s stock.

A number of equities research analysts have recently issued reports on VPG shares. Zacks Investment Research upgraded shares of Vishay Precision Group from a “sell” rating to a “hold” rating in a research note on Wednesday, July 13th. B. Riley restated a “buy” rating and issued a $22.00 target price on shares of Vishay Precision Group in a research note on Tuesday, August 9th.

Vishay Precision Group Company Profile

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