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

Vishay Intertechnology, Inc. (NYSE:VSHGet 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:VSHGet 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

(Get Rating)

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.

See Also

Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.