Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Sells $340,198.89 in Stock

Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman sold 20,359 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89. Following the transaction, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. The trade was a 38.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Vishay Intertechnology Stock Down 3.1 %

Vishay Intertechnology stock opened at $16.67 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The company’s 50-day moving average is $17.32 and its 200-day moving average is $19.21. The firm has a market capitalization of $2.26 billion, a PE ratio of 26.89 and a beta of 1.13. Vishay Intertechnology, Inc. has a fifty-two week low of $14.95 and a fifty-two week high of $24.68.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business had revenue of $735.35 million during the quarter, compared to the consensus estimate of $748.84 million. During the same quarter in the prior year, the company earned $0.60 EPS. Vishay Intertechnology’s quarterly revenue was down 13.9% on a year-over-year basis. Sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.40%. Vishay Intertechnology’s dividend payout ratio (DPR) is 64.52%.

Analyst Ratings Changes

VSH has been the subject of a number of recent research reports. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Thursday, December 26th. JPMorgan Chase & Co. started coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target for the company.

Hedge Funds Weigh In On Vishay Intertechnology

Institutional investors and hedge funds have recently modified their holdings of the stock. Mountaineer Partners Management LLC boosted its holdings in shares of Vishay Intertechnology by 924.9% during the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock worth $394,161,000 after buying an additional 18,810,325 shares during the period. Deprince Race & Zollo Inc. lifted its position in Vishay Intertechnology by 94.0% during the second quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company’s stock worth $69,781,000 after acquiring an additional 1,516,368 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Vishay Intertechnology by 12.7% during the second quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock worth $69,348,000 after acquiring an additional 350,512 shares during the period. Fisher Asset Management LLC grew its position in shares of Vishay Intertechnology by 2.5% in the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock valued at $50,548,000 after purchasing an additional 66,268 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of Vishay Intertechnology by 1.2% during the third quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after purchasing an additional 30,515 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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.