Versigent (NYSE:VGNT) Director Kevin Clark Sells 48,592 Shares

September 11, 2026 by InsiderTrades.com

Key Points

Director Kevin Clark sold 74,130 Versigent shares at an average price of $45.67, generating approximately $3.39 million. The sale reduced his direct ownership by 37.26% to 124,849 shares.
Versigent exceeded quarterly expectations, reporting $1.92 in earnings per share versus the $1.58 consensus and revenue of $2.44 billion versus $2.29 billion expected.
Analysts maintain a generally positive outlook, with 11 Buy ratings and three Holds, a “Moderate Buy” consensus, and an average price target of $54. The company also declared a quarterly dividend of $0.13 per share, yielding approximately 1.1% annually.

Versigent (NYSE:VGNT - Get Free Report) Director Kevin Clark sold 48,592 shares of Versigent stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $48.02, for a total value of $2,333,387.84. Following the completion of the sale, the director owned 198,979 shares in the company, valued at approximately $9,554,971.58. The trade was a 19.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Versigent Price Performance

Shares of Versigent stock opened at $46.45 on Friday. The firm's 50 day moving average price is $44.28. Versigent has a 12 month low of $26.34 and a 12 month high of $50.88. The firm has a market capitalization of $3.29 billion and a PE ratio of 24.19. The company has a quick ratio of 1.09, a current ratio of 1.40 and a debt-to-equity ratio of 7.29.

Versigent (NYSE:VGNT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.58 by $0.34. The firm had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.29 billion. As a group, research analysts anticipate that Versigent will post 7.23 EPS for the current fiscal year.

Versigent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be issued a $0.13 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 1.1%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Zacks Research cut shares of Versigent from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 5th. Fox Advisors downgraded shares of Versigent from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, August 5th. Royal Bank Of Canada upgraded shares of Versigent from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from $41.00 to $52.00 in a research report on Wednesday, August 5th. The Goldman Sachs Group restated a "buy" rating and set a $59.00 price target on shares of Versigent in a research report on Wednesday, August 5th. Finally, Weiss Ratings began coverage on shares of Versigent in a research note on Wednesday, August 5th. They set a "hold (c)" rating for the company. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Versigent currently has a consensus rating of "Moderate Buy" and an average price target of $54.00.

Check Out Our Latest Stock Report on Versigent

Hedge Funds Weigh In On Versigent

A number of institutional investors have recently added to or reduced their stakes in VGNT. California State Teachers Retirement System purchased a new stake in Versigent in the 2nd quarter valued at $143,056,000. Allianz Asset Management GmbH purchased a new position in shares of Versigent during the 2nd quarter worth $20,602,000. Steamboat Capital Partners LLC purchased a new position in shares of Versigent during the 2nd quarter worth $10,385,000. WINTON GROUP Ltd purchased a new position in shares of Versigent during the 2nd quarter worth $8,397,000. Finally, Nan Shan Life Insurance Co. Ltd. acquired a new position in shares of Versigent during the 2nd quarter valued at about $5,400,000.

Versigent Company Profile

(Get Free Report)

Versigent PLC is involved in the design, manufacturing and delivery of low and high voltage power electrical architectures. Versigent PLC is based in SCHAFFHAUSEN, Switzerland.