Stock On Watch: Why Brett Hendrickson’s Nokomis Capital. Reported Big Vishay Precision Group, Inc Position?

Stock On Watch: Why Brett Hendrickson's Nokomis Capital. Reported Big Vishay Precision Group, Inc Position?

The New Brett Hendrickson’s Nokomis Capital. Holding in Vishay Precision Group, Inc

Nokomis Capital. filed with the SEC SC 13D/A form for Vishay Precision Group, Inc. The form can be accessed here: 000119312516760256. As reported in Brett Hendrickson’s Nokomis Capital.’s form, the filler as of late owns 15.6% or 1,901,152 shares of the Information Technology–company.

Vishay Precision Group, Inc stake is a new one for the for the hedge fund and it was filed because of activity on November3, 2016. We feel this shows Brett Hendrickson’s Nokomis Capital.’s positive view for the stock. For a hedge fund managing $289.90 million in assets and having 7+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.

The hedge fund is active investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Brett Hendrickson’s Nokomis Capital.’s US equities portfolio is in this sector.

Vishay Precision Group, Inc Institutional Sentiment

Latest Security and Exchange filings show 86 investors own Vishay Precision Group, Inc. The institutional ownership in Q3 2015 is high, at 82.61% of the outstanding shares. This is decreased by 887237 the total institutional shares. 10053971 were the shares owned by these institutional investors. In total 7 funds opened new Vishay Precision Group, Inc stakes, 22 increased stakes. There were 6 that closed positions and 29 reduced them.

4 managers had the stock in their top Ten. Notable investors are: Harvey Partners Llc, Golden Gate Private Equity Inc., Nokomis Capital L.L.C…

Tinicum Inc is an institutional investor bullish on Vishay Precision Group, Inc, owning 542419 shares as of Q3 2015 for 3.04% of its portfolio. Brett Hendrickson Nokomis Capital Llc owns 1432069 shares or 4.76% of its portfolio. CA Golden Gate Private Equity Inc have 2.90% of their stock portfolio for 569774 shares. Further, Harvey Partners Llc reported stake worth 5.22% of its US stock portfolio. The X1 Ancora Advisors Llc owns 10000 shares. Vishay Precision Group, Inc is 0.01% of the manager’s US portfolio.

Business Profile

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. The Weighing and Control Systems segment designs and manufactures systems that consists of load cells and instrumentation for weighing and force control/measurement for a range of uses, including on-board weighing and overload monitor systems. The segment’s brands include BLH Nobel, KELK and VPG Onboard Weighing.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Brett Hendrickson’s Nokomis Capital. website.

Insitutional Activity: The institutional sentiment decreased to 0.92 in 2016 Q2. Its down 0.60, from 1.52 in 2016Q1. The ratio worsened, as 7 funds sold all Vishay Precision Group Inc shares owned while 31 reduced positions. 13 funds bought stakes while 22 increased positions. They now own 10.01 million shares or 1.61% more from 9.85 million shares in 2016Q1.

Nokomis Capital Ltd Limited Liability Company holds 1.63M shares or 4.63% of its portfolio. Oxford Asset Mngmt accumulated 0.03% or 45,140 shares. Blackrock Advsr Limited Liability Com has 9,706 shares for 0% of their US portfolio. Financial Bank Of America De has 58,577 shares for 0% of their US portfolio. Northwest Invest Counselors Ltd Co has 12,850 shares for 0.09% of their US portfolio. Needham Invest Limited Company owns 10,000 shares or 0.04% of their US portfolio. Moreover, Spark Inv Mngmt Ltd has 0.02% invested in Vishay Precision Group Inc (NYSE:VPG) for 16,000 shares. The Washington-based Signia Cap Mngmt has invested 1.84% in Vishay Precision Group Inc (NYSE:VPG). Harvey Partners Limited Company has 4.92% invested in the company for 367,000 shares. The California-based Schwab Charles Invest has invested 0% in Vishay Precision Group Inc (NYSE:VPG). Teachers accumulated 22,511 shares or 0% of the stock. Sei last reported 0% of its portfolio in the stock. Alexandria Capital Lc has 2,250 shares for 0.01% of their US portfolio. National Bank & Trust Of Montreal Can owns 92 shares or 0% of their US portfolio. Moreover, Strs Ohio has 0% invested in Vishay Precision Group Inc (NYSE:VPG) for 43,100 shares.

Insider Transactions: Since August 11, 2016, the stock had 13 buys, and 0 sales for $2.80 million net activity. $648,710 worth of shares were bought by Nokomis Capital – L.L.C. on Wednesday, August 17.

The stock increased 0.64% or $0.1 during the last trading session, hitting $15.7. About 31,681 shares traded hands. Vishay Precision Group Inc (NYSE:VPG) has risen 3.24% since April 4, 2016 and is uptrending. It has outperformed by 2.15% the S&P500.

Vishay Precision Group, Inc. is a designer, maker and marketer of sensors and sensor measurement systems, as well as specialty resistors and strain gages. The company has a market cap of $207.12 million. The Firm operates through three business divisions: Foil Technology Products, Force Sensors, and Weighing and Control Systems. It currently has negative earnings. The Company’s Foil Technology Products segment includes foil resistor and strain gage operating divisions.

According to Zacks Investment Research, “Vishay Precision Group, Inc. is a designer, manufacturer and marketer of resistive foil technology products such as resistive sensors, weighing modules, and control systems for a wide variety of applications. The Company provides vertically integrated products and solutions for multiple growing markets in the areas of stress measurement, industrial weighing, and manufacturing process control. Its product portfolio includes: Bulk Metal® foil resistors and sensors; Strain gages and instruments; Load cells; Modules; PhotoStress® products etc. The Company also provides systems to control process weighing in food, chemical, and pharmaceutical plants; force measurement systems used to control web tension in paper mills, roller force in steel mills, and cable tension in winch controls; on-board weighing systems installed in logging and waste-handling trucks; and special scale systems used for aircraft weighing and portable truck weighing. Vishay Precision Group, Inc. is based in Malvern, Pennsylvania.”

VPG Company Profile

Vishay Precision Group, Inc. (VPG), incorporated on August 28, 2009, is a designer, maker and marketer of sensors and sensor measurement systems, as well as specialty resistors and strain gages. The Firm operates through three business divisions: Foil Technology Products, Force Sensors, and Weighing and Control Systems. The Foil Technology Products segment’s brands include Alpha Electronics, Micro-Measurements, Powertron and Vishay Foil Resistors. The Force Sensors segment’s brand includes VPG Transducers. The Weighing and Control Systems segment’s brands include BLH Nobel, KELK and VPG Onboard Weighing.

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