Is Buying Vishay Precision Group, Inc. (VPG) Here a Winning Strategy? The Stock Formed Bullish Double Top

July 14, 2018 - By Linda Rogers

Investors sentiment decreased to 1 in 2018 Q1. Its down 1.07, from 2.07 in 2017Q4. It dived, as 5 investors sold Vishay Precision Group, Inc. shares while 45 reduced holdings. 27 funds opened positions while 23 raised stakes. 10.20 million shares or 1.51% less from 10.36 million shares in 2017Q4 were reported.
Cambridge Advsr Inc reported 8,174 shares. Victory Cap Incorporated reported 0% stake. New York-based Goldman Sachs Group Inc Inc has invested 0% in Vishay Precision Group, Inc. (NYSE:VPG). Zacks Mgmt invested 0.02% of its portfolio in Vishay Precision Group, Inc. (NYSE:VPG). The Mississippi-based Hancock Hldgs has invested 0.02% in Vishay Precision Group, Inc. (NYSE:VPG). Citigroup has 8,648 shares. Peak6 Invs L P reported 0% in Vishay Precision Group, Inc. (NYSE:VPG). Winslow Evans & Crocker Inc holds 0% of its portfolio in Vishay Precision Group, Inc. (NYSE:VPG) for 2 shares. Fuller And Thaler Asset Management Inc stated it has 0.01% of its portfolio in Vishay Precision Group, Inc. (NYSE:VPG). Stratos Wealth Prtnrs Ltd invested 0% in Vishay Precision Group, Inc. (NYSE:VPG). State Street invested 0% in Vishay Precision Group, Inc. (NYSE:VPG). Sei Investments Co invested in 14 shares or 0% of the stock. Parallax Volatility Advisers L P has invested 0% in Vishay Precision Group, Inc. (NYSE:VPG). Lord Abbett And Limited has invested 0.03% in Vishay Precision Group, Inc. (NYSE:VPG). Pnc Svcs Gp Incorporated holds 0% or 71 shares in its portfolio.

Since May 11, 2018, it had 0 insider buys, and 3 selling transactions for $1.20 million activity. CLARKE JANET M sold $30,217 worth of stock. On Friday, May 11 ZANDMAN MARC sold $816,462 worth of Vishay Precision Group, Inc. (NYSE:VPG) or 22,892 shares.

The chart of Vishay Precision Group, Inc. (VPG) shows a double top with $40.56 target or 4.00 % above today’s $39.00 share price. The 5 months chart pattern indicates low risk for the $524.69 million company. It was reported on Jul, 14 by Finviz.com. If the $40.56 price target is reached, the company will be worth $20.99 million more. Double tops are rare but powerful chart patterns.

The stock decreased 0.89% or $0.35 during the last trading session, reaching $39. About 34,913 shares traded. Vishay Precision Group, Inc. (NYSE:VPG) has risen 100.00% since July 14, 2017 and is uptrending. It has outperformed by 87.43% the S&P500.

Analysts await Vishay Precision Group, Inc. (NYSE:VPG) to report earnings on August, 14. They expect $0.42 EPS, up 44.83 % or $0.13 from last year’s $0.29 per share. VPG’s profit will be $5.65M for 23.21 P/E if the $0.42 EPS becomes a reality. After $0.37 actual EPS reported by Vishay Precision Group, Inc. for the previous quarter, Wall Street now forecasts 13.51 % EPS growth.

Another recent and important Vishay Precision Group, Inc. (NYSE:VPG) news was published by Nasdaq.com which published an article titled: “Market Trends Toward New Normal in AZZ, Vishay Precision Group, Benchmark Electronics, Pegasystems, Syntel, and …” on June 20, 2018.

Vishay Precision Group, Inc. designs, makes, and markets sensors, sensor measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. The company has market cap of $524.69 million. It operates through three divisions: Foil Technology Products, Force Sensors, and Weighing and Control Systems. It has a 30.3 P/E ratio. The company??s products include foil resistors, foil strain gages, transducers, load cells, weighing modules, data acquisition systems, weighing and control systems, PhotoStress products, and sensors that convert mechanical inputs into an electronic signal for display, processing, interpretation, or control by its instrumentation and systems products.

Vishay Precision Group, Inc. (NYSE:VPG) Institutional Positions Chart

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