In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Vishay Precision Group Inc. (NYSE:VPG) reported that Nokomis Capital has picked up 1,944,030 of common stock as of 2017-07-28.
The acquisition brings the aggregate amount owned by Nokomis Capital to a total of 1,944,030 representing a 15.94% in the company.
For those not familiar with the company, Vishay Precision Group, Inc. (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems. Its Foil Technology Products segment includes foil resistor and strain gage operating segments. The Foil Technology Products segment’s brands include Alpha Electronics, Micro-Measurements, Powertron and Vishay Foil Resistors. The Force Sensors segment includes load cells and force measurement transducers that are offered as precision sensors for industrial and commercial use.
A glance at Vishay Precision Group Inc. (NYSE:VPG)’s key stats reveals a current market capitalization of 228.70M based on 12.19M shares outstanding and a price at last close of $17.50 per share.
Looking at insider activity, there are a few recent transactions worth noting.
Specifically, on 2017-02-15, Nokomis picked up 892 at a purchase price of $16.55 per share.This brings their total holding to 1,944,030 as of the date of the filing.
On the sell side, the most recent transaction saw Shoshani unload 16,666 shares at a sale price of $15.63. This brings their total holding to 164,852.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Vishay Precision Group Inc. (NYSE:VPG) as things move forward to see if its progress aligns with these transactions. Subscribe below and we’ll keep you on top of what’s happening before it moves markets.