Is Versigent (VGNT) Undervalued With Margin Expansion and Buyback Potential Ahead?
Greenlight Capital's Q2 2026 letter notes a 4.3% decline, citing macro positions and trading decisions. It highlights Versigent PLC (VGNT), an automotive wire harness distributor, as a top holding. VGNT's stock has risen 15.35% in the past month and 9.07% in 3 months, with a market cap of $3.49 billion. Greenlight views VGNT as undervalued, with potential margin expansion and buyback plans. The firm acquired shares at $29.20, expecting growth from electric vehicles and automation.


