Royce & Associates LP Cuts Vishay Precision Group Stake to 6.0%
Ticker: VPG · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1487952
| Field | Detail |
|---|---|
| Company | Vishay Precision Group, Inc. (VPG) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | medium |
| Sentiment | bearish |
Complexity: simple
Sentiment: bearish
Topics: institutional-ownership, stake-change, amendment, investor-sentiment
TL;DR
**Royce & Associates LP now owns 6.0% of VPG, down from previous filings.**
AI Summary
Royce & Associates, LP, an investment firm, filed an amended SC 13G/A on January 30, 2024, disclosing its ownership in Vishay Precision Group, Inc. (VPG). As of December 31, 2023, Royce & Associates, LP beneficially owned 883,141 shares of VPG's Common Stock, representing 6.0% of the company. This filing indicates a change in their holdings, as it's an amendment (Amendment No. 6), which could signal a reduction in their stake, potentially impacting investor confidence in VPG.
Why It Matters
A significant institutional investor reducing its stake can signal a lack of confidence in the company's future prospects, potentially leading other investors to re-evaluate their positions.
Risk Assessment
Risk Level: medium — A major institutional investor reducing its stake could indicate concerns about the company's future performance, posing a moderate risk to current and potential shareholders.
Analyst Insight
Investors should investigate the reasons behind Royce & Associates, LP's reduction in stake and consider if these factors could impact Vishay Precision Group, Inc.'s future performance before making investment decisions.
Key Numbers
- 883,141 — Shares Beneficially Owned (This is the total number of Vishay Precision Group, Inc. shares Royce & Associates, LP reported owning as of December 31, 2023.)
- 6.0% — Percentage of Class (This represents the percentage of Vishay Precision Group, Inc.'s Common Stock that Royce & Associates, LP beneficially owns.)
Key Players & Entities
- Royce & Associates, LP (company) — the reporting person and institutional investor
- Vishay Precision Group, Inc. (company) — the subject company whose stock is being reported
- 883,141 (dollar_amount) — number of shares beneficially owned by Royce & Associates, LP
- 6.0% (dollar_amount) — percentage of Vishay Precision Group, Inc. stock owned by Royce & Associates, LP
- December 31, 2023 (date) — the date of the event requiring the filing
Forward-Looking Statements
- Vishay Precision Group, Inc.'s stock price may experience short-term downward pressure. (Vishay Precision Group, Inc.) — medium confidence, target: 3 months
FAQ
What is the primary purpose of this SC 13G/A filing by Royce & Associates, LP?
The primary purpose of this SC 13G/A filing is to amend previous disclosures regarding Royce & Associates, LP's beneficial ownership in Vishay Precision Group, Inc., specifically as 'Amendment No.6', indicating a change in their holdings as of December 31, 2023.
How many shares of Vishay Precision Group, Inc. Common Stock does Royce & Associates, LP beneficially own as reported in this filing?
As of December 31, 2023, Royce & Associates, LP beneficially owns 883,141 shares of Vishay Precision Group, Inc. Common Stock, as stated in Item 5 and 7 of the filing.
What percentage of Vishay Precision Group, Inc.'s Common Stock does Royce & Associates, LP own according to this filing?
Royce & Associates, LP owns 6.0% of Vishay Precision Group, Inc.'s Common Stock, as indicated in the filing's cover page.
What is the CUSIP number for Vishay Precision Group, Inc. Common Stock?
The CUSIP number for Vishay Precision Group, Inc. Common Stock is 92835K103, as listed on the cover page of the filing.
When was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as specified on the first page of the Schedule 13G.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding Vishay Precision Group, Inc. (VPG).