Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman Sells 27,176 Shares

Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman sold 27,176 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares of the company’s stock, valued at $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Marc Zandman also recently made the following trade(s):

• On Thursday, January 2nd, Marc Zandman sold 20,359 shares of Vishay Intertechnology stock. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89.

Vishay Intertechnology Trading Up 2.8 %

Shares of Vishay Intertechnology stock opened at $17.41 on Thursday. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.68. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. The stock has a market cap of $2.36 billion, a PE ratio of -72.55 and a beta of 1.13. The firm has a fifty day moving average price of $17.21 and a 200 day moving average price of $17.78.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a $0.10 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.30%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -166.67%.

Institutional Trading of Vishay Intertechnology

A number of hedge funds have recently modified their holdings of VSH. Wealthfront Advisers LLC acquired a new position in Vishay Intertechnology in the fourth quarter valued at approximately $38,000. Blue Trust Inc. grew its stake in shares of Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,989 shares during the period. Sterling Capital Management LLC increased its holdings in shares of Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 3,547 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of Vishay Intertechnology by 351.1% in the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 3,406 shares during the period. Finally, Manchester Capital Management LLC boosted its holdings in Vishay Intertechnology by 526.6% during the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock worth $122,000 after buying an additional 6,030 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on VSH. JPMorgan Chase & Co. started coverage on Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 target price for the company. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Thursday, February 27th.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.