Insider Selling: Vishay Precision Group CEO Sells 17,000 Shares of Stock (VPG)
Vishay Precision Group (NYSE:VPG) CEO Ziv Shoshani unloaded 17,000 shares of Vishay Precision Group stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $15.64, for a total value of $265,880.00. Following the completion of the transaction, the chief executive officer now directly owns 164,852 shares in the company, valued at approximately $2,578,285. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Vishay Precision Group (NYSE:VPG) traded down 2.10% during mid-day trading on Thursday, hitting $15.39. 15,924 shares of the company’s stock traded hands. Vishay Precision Group has a one year low of $13.50 and a one year high of $18.29. The stock has a 50-day moving average of $15.84 and a 200-day moving average of $16.31. The company has a market cap of $211.7 million and a price-to-earnings ratio of 28.22.
Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.07. The company had revenue of $65.16 million for the quarter, compared to the consensus estimate of $62.84 million. During the same quarter last year, the company posted $0.22 earnings per share. Vishay Precision Group’s revenue was up 3.8% compared to the same quarter last year.
Vishay Precision Group, Inc (NYSE:VPG) is an international designer, manufacturer and marketer of Foil Technology Products (strain gages, ultra-precision foil resistors, current sensors) and Weighing Modules and Control Systems (load cells/transducers, instruments, weighing modules, and control systems) for a wide variety of applications.
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