Vishay Precision Group (NYSE:VPG) Stock Crosses Above Two Hundred Day Moving Average of $31.38

Vishay Precision Group, Inc. (NYSE:VPGGet Rating) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $31.38 and traded as high as $31.45. Vishay Precision Group shares last traded at $31.22, with a volume of 22,337 shares trading hands.

Analysts Set New Price Targets

Separately, TheStreet upgraded shares of Vishay Precision Group from a “c+” rating to a “b-” rating in a research note on Tuesday, August 16th.

Vishay Precision Group Stock Down 1.3 %

The stock has a market cap of $425.68 million, a PE ratio of 15.01 and a beta of 1.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.58 and a current ratio of 4.00. The company’s 50-day moving average price is $32.67 and its 200 day moving average price is $31.38.

Insider Activity

In other Vishay Precision Group news, Director Wes Cummins purchased 6,300 shares of Vishay Precision Group stock in a transaction dated Wednesday, August 24th. The stock was purchased at an average price of $36.02 per share, with a total value of $226,926.00. Following the transaction, the director now directly owns 336,792 shares of the company’s stock, valued at $12,131,247.84. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 6.78% of the company’s stock.

Institutional Investors Weigh In On Vishay Precision Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Amalgamated Bank purchased a new stake in Vishay Precision Group in the 1st quarter worth approximately $48,000. Hillsdale Investment Management Inc. purchased a new stake in Vishay Precision Group during the 1st quarter valued at approximately $80,000. SG Americas Securities LLC purchased a new stake in Vishay Precision Group during the 2nd quarter valued at approximately $137,000. Annex Advisory Services LLC grew its holdings in Vishay Precision Group by 7.6% during the 2nd quarter. Annex Advisory Services LLC now owns 7,976 shares of the scientific and technical instruments company’s stock valued at $232,000 after buying an additional 563 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in Vishay Precision Group by 6.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,485 shares of the scientific and technical instruments company’s stock valued at $241,000 after buying an additional 442 shares in the last quarter. 77.63% of the stock is owned by hedge funds and other institutional investors.

About Vishay Precision Group

(Get Rating)

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.

Featured Stories

Receive News & Ratings for Vishay Precision Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Precision Group and related companies with MarketBeat.com's FREE daily email newsletter.