Vishay Precision Group director Sejal Shah Gulati sells $20,032 in stock

Published 27/02/2025, 22:46
Vishay Precision Group director Sejal Shah Gulati sells $20,032 in stock

On February 25, 2025, Sejal Shah Gulati, a director at Vishay Precision Group, Inc. (NYSE:VPG), sold 814 shares of the company’s common stock. The shares were sold at a price of $24.61 each, amounting to a total transaction value of $20,032. Following this sale, Gulati holds 6,602 shares directly. This transaction was disclosed in a recent SEC filing.The sale occurred near InvestingPro’s calculated Fair Value for VPG, a company with a market capitalization of $316 million. The stock currently trades at $23.78, with analysts setting price targets between $28.50 and $30.00. VPG maintains strong financials with a current ratio of 4.47x and holds more cash than debt on its balance sheet.Get deeper insights into VPG and 1,400+ other stocks with InvestingPro’s comprehensive research reports, featuring expert analysis and 6 additional exclusive ProTips.

In other recent news, Vishay Precision Group reported its fourth-quarter 2024 earnings, which fell short of expectations. The company posted revenue of $72.65 million, below the forecasted $74.18 million, and an earnings per share of $0.03, significantly missing the expected $0.21. Despite these results, B.Riley analyst Josh Nichols upgraded the company’s stock rating from Neutral to Buy, citing recent improvements in orders and setting a new price target of $28.50. Nichols noted a 5.7% increase in orders quarter-over-quarter, marking the first sequential growth after six quarters of decline, and an improved book-to-bill ratio. In other developments, Vishay Precision Group announced the resignation of Marc Zandman from its board of directors, a decision not linked to any disagreements with the company. The company plans to implement $5 million in annual cost reductions and anticipates $100 million in new revenue over the next three to four years. CFO Bill Clancy expressed optimism about the company’s business development initiatives, while CEO Ziv Shoshani highlighted a cautious outlook for the first half of 2025 with expectations of an accelerated uptick in the second half.

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