Insider Selling: Bel Fuse (NASDAQ:BELFA) VP Sells 408 Shares of Stock

Bel Fuse Inc. (NASDAQ:BELFA) VP Joseph Berry sold 408 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $144.23, for a total value of $58,845.84. Following the transaction, the vice president owned 17,893 shares of the company’s stock, valued at $2,580,707.39. This trade represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Joseph Berry also recently made the following trade(s):

• On Tuesday, November 18th, Joseph Berry sold 119 shares of Bel Fuse stock. The shares were sold at an average price of $141.96, for a total value of $16,893.24.

Bel Fuse Stock Up 2.4%

Shares of BELFA traded up $2.89 during mid-day trading on Wednesday, hitting $122.40. 75,951 shares of the company’s stock were exchanged, compared to its average volume of 9,265. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 24.83 and a beta of 1.25. Bel Fuse Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $142.70. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.72 and a current ratio of 3.05. The stock’s 50-day moving average is $124.85 and its 200-day moving average is $103.14.

Bel Fuse (NASDAQ:BELFA) last announced its quarterly earnings data on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.59. Bel Fuse had a net margin of 10.04% and a return on equity of 21.84%. The firm had revenue of $178.98 million during the quarter, compared to analysts’ expectations of $171.69 million. Bel Fuse has set its Q4 2025 guidance at EPS.

Bel Fuse Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be paid a $0.06 dividend. The ex-dividend date is Thursday, January 15th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Bel Fuse’s payout ratio is 4.87%.

Institutional Investors Weigh In On Bel Fuse

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BELFA. Investors Asset Management of Georgia Inc. GA ADV lifted its position in Bel Fuse by 0.4% in the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 26,151 shares of the scientific and technical instruments company’s stock valued at $3,043,000 after purchasing an additional 100 shares during the period. Rhumbline Advisers increased its position in Bel Fuse by 3.9% during the 3rd quarter. Rhumbline Advisers now owns 3,196 shares of the scientific and technical instruments company’s stock worth $372,000 after purchasing an additional 121 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Bel Fuse by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,351 shares of the scientific and technical instruments company’s stock worth $274,000 after buying an additional 150 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Bel Fuse by 92.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company’s stock valued at $37,000 after buying an additional 153 shares during the period. Finally, Gabelli Funds LLC lifted its holdings in shares of Bel Fuse by 0.3% in the 2nd quarter. Gabelli Funds LLC now owns 67,400 shares of the scientific and technical instruments company’s stock valued at $6,056,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 6.01% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Bel Fuse in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $115.00.

Bel Fuse Company Profile

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.