Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman Sells 20,359 Shares

Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman sold 20,359 shares of the firm’s stock in a transaction that occurred 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 sale, the chairman now directly owns 32,957 shares in the company, valued at approximately $550,711.47. The trade was a 38.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock traded up $0.02 during trading hours on Monday, reaching $17.18. The company’s stock had a trading volume of 1,470,154 shares, compared to its average volume of 1,389,985. The stock has a market cap of $2.33 billion, a P/E ratio of 27.71 and a beta of 1.13. The company’s 50 day simple moving average is $17.36 and its 200 day simple moving average is $19.30. Vishay Intertechnology, Inc. has a one year low of $14.95 and a one year high of $24.68. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.85 and a current ratio of 2.81.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.06). The company had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The firm’s quarterly revenue was down 13.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 EPS. As a group, analysts expect that Vishay Intertechnology, Inc. will post 0.55 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.33%. Vishay Intertechnology’s dividend payout ratio is 64.52%.

Analyst Upgrades and Downgrades

VSH has been the topic of several recent research reports. JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 price objective on the stock. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Thursday, December 26th.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors have recently made changes to their positions in the company. Quantbot Technologies LP boosted its holdings in Vishay Intertechnology by 89.7% during the third quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company’s stock valued at $1,907,000 after acquiring an additional 47,700 shares during the period. Fisher Asset Management LLC lifted its stake in Vishay Intertechnology by 2.5% during the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock worth $50,548,000 after purchasing an additional 66,268 shares during the period. Poplar Forest Capital LLC bought a new stake in Vishay Intertechnology in the second quarter valued at $21,160,000. Kovack Advisors Inc. bought a new position in Vishay Intertechnology during the 3rd quarter valued at about $788,000. Finally, Systematic Financial Management LP grew its position in Vishay Intertechnology by 15.1% during the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock worth $26,253,000 after acquiring an additional 182,212 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

About Vishay Intertechnology

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.