Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman Sells 44,161 Shares of Stock

Vishay Intertechnology, Inc. (NYSE:VSH – Get Rating) Chairman Marc Zandman sold 44,161 shares of the stock in a transaction dated Friday, January 13th. The stock was sold at an average price of $22.81, for a total value of $1,007,312.41. Following the transaction, the chairman now owns 35,552 shares of the company’s stock, valued at approximately $810,941.12. The transaction was disclosed in a filing with the SEC, which is available at this link.

Vishay Intertechnology Stock Down 0.4 %

Vishay Intertechnology stock opened at $22.86 on Wednesday. The stock has a market cap of $3.24 billion, a P/E ratio of 8.40 and a beta of 1.32. The company has a quick ratio of 2.08, a current ratio of 2.94 and a debt-to-equity ratio of 0.24. Vishay Intertechnology, Inc. has a twelve month low of $16.73 and a twelve month high of $23.39. The company’s 50-day moving average price is $22.12 and its two-hundred day moving average price is $20.48.

Vishay Intertechnology (NYSE:VSH – Get Rating) last released its quarterly earnings results on Wednesday, November 2nd. The semiconductor company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.08. The firm had revenue of $924.80 million for the quarter, compared to analysts’ expectations of $925.10 million. Vishay Intertechnology had a net margin of 11.26% and a return on equity of 24.39%. The business’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. As a group, analysts expect that Vishay Intertechnology, Inc. will post 3.24 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Shareholders of record on Wednesday, November 30th were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, November 29th. This represents a $0.40 annualized dividend and a yield of 1.75%. Vishay Intertechnology’s dividend payout ratio is currently 14.71%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Vishay Intertechnology by 1.6% during the third quarter. Vanguard Group Inc. now owns 13,616,290 shares of the semiconductor company’s stock worth $242,234,000 after purchasing an additional 218,721 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Vishay Intertechnology by 5.2% during the third quarter. Dimensional Fund Advisors LP now owns 8,767,207 shares of the semiconductor company’s stock worth $155,970,000 after purchasing an additional 432,847 shares during the period. AQR Capital Management LLC increased its holdings in shares of Vishay Intertechnology by 37.8% during the second quarter. AQR Capital Management LLC now owns 4,184,675 shares of the semiconductor company’s stock worth $73,817,000 after purchasing an additional 1,148,417 shares during the period. Woodline Partners LP increased its holdings in shares of Vishay Intertechnology by 21.7% during the second quarter. Woodline Partners LP now owns 2,695,891 shares of the semiconductor company’s stock worth $48,041,000 after purchasing an additional 480,240 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in shares of Vishay Intertechnology by 7.6% during the second quarter. Mackenzie Financial Corp now owns 1,457,839 shares of the semiconductor company’s stock worth $25,979,000 after purchasing an additional 102,463 shares during the period. 84.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on VSH. StockNews.com cut Vishay Intertechnology from a “strong-buy” rating to a “buy” rating in a report on Monday, December 26th. Stifel Nicolaus cut their target price on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “buy” rating for the company in a research note on Monday, October 10th.

Vishay Intertechnology Company Profile

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Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors.