Versigent (NYSE:VGNT) Director Kevin Clark Sells 47,761 Shares of Company Stock

October 10, 2026 by InsiderTrades.com

Key Points

Director Kevin Clark sold 47,761 Versigent shares for approximately $2.12 million at an average price of $44.36, reducing his direct ownership by 63.4% to 27,571 shares.
Versigent reported quarterly earnings of $1.92 per share, beating estimates by $0.34, while revenue of $2.44 billion exceeded analyst expectations.
Analysts maintain a generally positive outlook, with 11 Buy ratings and three Holds; the stock has an average price target of $53.92 versus its opening price of $44.31.

Versigent (NYSE:VGNT - Get Free Report) Director Kevin Clark sold 47,761 shares of Versigent stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $44.36, for a total transaction of $2,118,677.96. Following the completion of the transaction, the director directly owned 27,571 shares in the company, valued at approximately $1,223,049.56. The trade was a 63.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Versigent Stock Up 0.4%

NYSE VGNT opened at $44.31 on Friday. The company has a debt-to-equity ratio of 7.29, a quick ratio of 1.09 and a current ratio of 1.40. The company has a market cap of $3.14 billion and a price-to-earnings ratio of 23.08. The stock's 50 day moving average price is $46.37. Versigent has a 52 week low of $26.34 and a 52 week high of $50.88.

Versigent (NYSE:VGNT - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate 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. On average, equities research analysts anticipate that Versigent will post 7.23 earnings per share for the current fiscal year.

Versigent Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, September 4th.

Analysts Set New Price Targets

VGNT has been the topic of several research analyst reports. Royal Bank Of Canada upgraded Versigent from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $41.00 to $52.00 in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $54.00 price target on shares of Versigent in a research note on Wednesday, August 5th. Weiss Ratings upgraded shares of Versigent from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday. UBS Group decreased their price objective on shares of Versigent from $58.00 to $55.00 and set a "buy" rating for the company in a research report on Thursday, July 9th. Finally, Evercore reiterated an "outperform" rating and issued a $65.00 target price on shares of Versigent in a research note on Monday, August 10th. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Versigent has an average rating of "Moderate Buy" and an average price target of $53.92.

Check Out Our Latest Stock Analysis on VGNT

Hedge Funds Weigh In On Versigent

Several hedge funds have recently made changes to their positions in VGNT. Allianz Asset Management GmbH purchased a new position in Versigent in the 2nd quarter worth $20,602,000. HBK Investments L P purchased a new stake in Versigent during the 2nd quarter valued at about $14,439,000. Steamboat Capital Partners LLC purchased a new stake in Versigent during the 2nd quarter valued at about $10,385,000. WINTON GROUP Ltd acquired a new position in shares of Versigent in the second quarter valued at about $8,397,000. Finally, Nan Shan Life Insurance Co. Ltd. acquired a new position in shares of Versigent in the second 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.