Vishay Intertechnology (NYSE:VSH) Reaches New 1-Year Low – Time to Sell?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price hit a new 52-week low on Wednesday . The company traded as low as $10.35 and last traded at $10.60, with a volume of 5153463 shares trading hands. The stock had previously closed at $11.62.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target for the company. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th.

Vishay Intertechnology Price Performance

The stock has a market cap of $1.44 billion, a P/E ratio of -44.15 and a beta of 1.06. The company’s 50 day moving average price is $16.71 and its 200-day moving average price is $17.18. 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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is currently -166.67%.

Insider Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the firm’s 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 owns 76,468 shares in the company, valued at approximately $1,290,779.84. This trade represents a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 8.14% of the company’s stock.

Hedge Funds Weigh In On Vishay Intertechnology

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

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.