Vishay Intertechnology, Inc. (NYSE:VSH) EVP Roy Shoshani Buys 10,000 Shares

Vishay Intertechnology, Inc. (NYSE:VSH) EVP Roy Shoshani bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average price of $14.95 per share, for a total transaction of $149,500.00. Following the acquisition, the executive vice president now owns 106,550 shares of the company’s stock, valued at $1,592,922.50. This trade represents a 10.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Vishay Intertechnology Price Performance

VSH stock opened at $15.03 on Friday. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -62.63 and a beta of 1.06. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $24.69. The company’s fifty day simple moving average is $13.95 and its 200 day simple moving average is $16.15.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The firm had revenue of $715.24 million for the quarter, compared to analyst estimates of $713.50 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. On average, analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Hedge Funds Weigh In On Vishay Intertechnology

Several institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its holdings in shares of Vishay Intertechnology by 26.6% during the first quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after purchasing an additional 15,079 shares during the period. Eisler Capital Management Ltd. acquired a new position in shares of Vishay Intertechnology during the first quarter valued at about $217,000. Systematic Financial Management LP raised its holdings in shares of Vishay Intertechnology by 4.0% during the first quarter. Systematic Financial Management LP now owns 1,514,217 shares of the semiconductor company’s stock valued at $24,076,000 after purchasing an additional 58,466 shares during the period. Bragg Financial Advisors Inc raised its holdings in shares of Vishay Intertechnology by 43.0% during the first quarter. Bragg Financial Advisors Inc now owns 1,584,441 shares of the semiconductor company’s stock valued at $25,193,000 after purchasing an additional 476,372 shares during the period. Finally, Summit Securities Group LLC acquired a new position in shares of Vishay Intertechnology during the first quarter valued at about $126,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Saturday, May 10th.

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.